Global Solar Photovoltaic Energy Industry
Over 100 countries witnessed the introduction of solar photovoltaic (PV) capacity in 2010, according to research from Pike Research. Commercial and residential grid-connected PV systems make up the majority of the global distributed solar PV market. Financial incentives such as premium feed-in tariffs in certain regions have lead to concentration in the distributed solar PV market in countries such as the US, Canada, Japan, Italy, France and Germany.
The EU is expected to continue dominating the distributed solar PV market through 2015. India and China show strong growth potential due to their vast populations without electricity access. In the four-year period ending 2015, the distributed solar PV value chain is expected to represent close to $600 billion in revenue.