The Solar PV Industry Grows in 2014

We’ve just noticed the new results of Renewables 2015 Global Status Report, and we want to share with you some good news about it. In 2014, solar PV marked another record year for growth, with an estimated 40 GW installed for a total global capacity of about 177 GW. Solar PV is starting to play a substantial role in electricity generation in some countries as rapidly falling costs have made unsubsidised solar PV-generated electricity cost-competitive with fossil fuels in an increasing number of locations around the world. China, Japan, and the United States accounted for the vast majority of new capacity. The solar PV industry recovery that began in 2013 continued in 2014, […]