Installations of photovoltaic panels in the region surged 63 percent to 21.9 gigawatts, surpassing all new wind and gas- fired power capacity combined, a report set to be presented today by the trade group shows. Wind and gas plants connected in 2011 amounted to about 9.5 gigawatts each, it said.
European countries installed 75 percent of global capacity, benefitting from lower panel prices and guaranteed premiums for the energy. As they have for the past decade, photovoltaic markets again grew faster than expected both in Europe and around the world, according to EPIA.
Global installations reached 29.7 gigawatts last year, compared to 16.8 gigawatts during 2010, the new report shows. Italy andGermany accounted for 60 percent of this market with 9.3 and 7.5 gigawatts, respectively.
Read More: Bloomberg >>
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About the AuthorKarl Burkart is the Digital Communications Director for the GCCA, the Global Call for Climate Action, and TckTckTck, a network of 400+ diverse organizations working around the world for greater action on the growing problem of climate change. Karl also blogs on technology and the environment for a variety of publications. You can follow him on Twitter @greendig.
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