Jan 8 2010
Research and Markets has released “Top 5 European Solar PV Markets to Look For in 2009-2010” report. Europe has currently maintained its position as the world leader in solar PV power generation as it has over two-third of the world’s installed capacity of solar photovoltaic. The position of the European market has been further improved by Germany, which is considered as the leading producer of solar modules and cells and a large market for the deployment of solar PV. Italy, Spain, Portugal and France are the other new markets that are responsible for the improvement of the European market.
Solar PV installations in most of the above mentioned countries have been supported by financial incentives that include net metering and preferential feed-in tariffs for solar-generated electricity. Though the production and development of PV projects in Europe have been critically affected by the recent economic crisis, the future potential continues to be high for the solar technology in the region. In the upcoming years, the European market is expected to reach greater heights as the total installed capacity is expected to reach 80GW by the year 2015, increasing at a CAGR of 35 percent or 10GW of new capacity per annum.
Growth of the leading solar PV markets in Europe is examined in this report. This report studies all the five markets individually based on the following issues: status of R&D and future potential, projections for the installed capacities in Germany, Italy, Spain, Portugal and France, current installation trends, market competition and government policy and support. This report also has a detailed analysis of the European solar PV market with reference to the new production trends, current PV installation capacity, market segmentation and future prospects of the technology in specific regions.