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EPIA released the global PV market battle network report 2013---2017 shows: Two years ago, Europe accounted for more than 70% of the world installed capacity. In 2012, this figure is 55%, and this year, most of the world's new PV installed capacity will be outside Europe.
EPIA also found that the installed capacity of photovoltaics in Europe has declined, with the installed capacity in Europe in 2011 being 22.4 GW, compared with 17.2 GW in 2012.
However, photovoltaic power generation has become the largest power source in Europe for two consecutive years. PV meets 2.6% of electricity demand and 5.2% of peak demand.
Germany is the largest PV market. In 2012, it has a grid-connected capacity of 7.6GW, China's second, installed capacity of 5GW, Italy's third, installed capacity of 3.4GW, the United States fourth, installed capacity of 3.3GW, Japan's fifth, installed capacity of 2GW.
In general, photovoltaic power generation has a high installed capacity of 31 GW in 2012 and 30.4 GW in 2011.
The study emphasizes that despite the reorganization of the industry and the crisis in the world economy, the world PV market has seen significant growth. But 2012's performance and forecasts for future markets show that Europe's leading role in driving the PV market is coming to an end.
In the future, the study predicts that in a pessimistic situation that is less than the normal market, the global market growth rate will reach 48GW in 2017. In the case of policy support, the prospect of PV installed capacity will reach 84GW by 2017.
EPIA Chairman Winfried Hoffmann said that the 2012 results showed a turning point, which will show a big impact in the future. The global PV market is moving from being dominated by Europe to relying on countries in all regions of the world, where the solar potential is different and policy preferences are mixed.
European role fades from the world PV market is diversified
Abstract EPIA reports show that last year's development of the photovoltaic market and future market growth are expected to show that Europe's leading role in promoting the development of the solar industry is fading, while people in other parts of the world are beginning to apply solar energy, and the market's focus has also changed. &n
EPIA reports show that last year's development of the photovoltaic market and future market growth are expected to show that Europe's leading role in promoting the development of the solar industry is fading, while people in other parts of the world are beginning to apply solar energy, and the market's focus has also changed.