IEA: Global Installed PV Capacity Leaps to 303GW

By [email protected] A tariff-induced U.S. solar industry assault notwithstanding, there’s some good news in solar this week.

The International Energy Agency’s Photovoltaic Power System Programme’s latest report (Snapshot of Global Photovoltaic Markets 2016, PDF) found that 75 gigawatts of solar were installed globally in 2016 — bringing the installed global photovoltaic capacity to at least 303 gigawatts.

That equates to producing 375 billion kilowatt-hours of solar power each year, which represents 1.8 percent of the electricity demand of the planet.

The 75 gigawatts added in 2016 was a record. As we’ve reported, worldwide installed capacity was 51 gigawatts in 2015, up from around 40

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