Solar Photovoltaic (PV) Market, Update 2016

Cumulative global installed solar photovoltaic (PV) capacity is set to continue its growth from 271.4 Gigawatts (GW) in 2016 to 756.1 GW by 2025, registering a compound annual growth rate (CAGR) of 13.1%, according to research and consulting firm GlobalData. The company’s latest report states that although growth will decline compared to the 2006-2015 period, which saw an exceptional CAGR of 50.1%, it will remain considerable over the next decade, most notably in China. …. 


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