10 May '12, 9am

Industry: Solar most installed energy source in Europe last year

The European solar market continued to grow at a breakneck pace last year, according to new figures from the European Photovoltaic Industry Association (EPIA), which show that solar was the most installed energy source in Europe, overtaking new wind and gas-capacity combined. The latest report, entitled Global Market Outlook for Photovoltaics Until 2016 , found that installations of PV panels rose 63 per cent to 21.9GW, far exceeding the 9.5GW each of new wind farms and gas power plants added last year. FURTHER READING Exclusive: New Solarcentury boss outlines international ambitions Solar firms urge Cameron to freeze feed-in tariff cuts programme Europe also continued to dominate the global solar PV market, accounting for three-quarters of the global demand even as new installations in the US and China rose to 1.9GW and 2.2GW respectively. Italy emerged as the world's lar...

Full article: http://www.businessgreen.com/bg/news/2173753/industry-sol...

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