Record Boost in New Solar Power Continues Massive Industry Growth

[eridani]

http://readersupportednews.org/news-section2/312-16/30646-record-boost-in-new-solar-power-continues-massive-industry-growth

Around 40GW of solar power was installed last year, meaning there is now a total of 178GW to meet world electricity demand, prompting renewable energy associations to claim that a tipping point has been reached that will allow rapid acceleration of the technology.

“For the first time ever in Europe, renewables produced more power than nuclear – and solar power was key in achieving this remarkable achievement,” said Michael Schmela, executive adviser to trade body SolarPower Europe, which compiled the statistics published on Tuesday.



Britain led the European solar expansion, with government incentives helping to add 2.4GW of solar resources to the domestic market, and a third to Europe’s overall 7GW of growth.

Unofficial sources estimated the British numbers even higher – at up to 3GW – based on an analysis of solar module shipments.

“The success of the UK, set to be the largest European market again in 2015, reinforces the evidence that solar power is a versatile and cost-efficient energy source in any climate,” said James Watson, the CEO of SolarPower Europe, formerly known as the European Photovoltaic Industry Association.

[daleanime]

1. kick, kick, kick....

[msongs]

2. how will TIPA/TPP affect this power surge. well we can't read it, it is an obama state secret. nt

[OKIsItJustMe]

3. Solar power passes 1% global threshold

http://www.energypost.eu/solar-power-passes-1-global-threshold/

[font face=Serif][font size=5]Solar power passes 1% global threshold[/font]

June 11, 2015

[font size=4]Solar power now covers more than 1% of global electricity demand. In three countries in Europe – Italy, Germany and Greece – solar PV supplies more than 7% of electricity demand. This is reported by Solar Power Europe (previously EPIA – European Photovoltaic Industry Association). China is the fastest growing market. Research company GlobalData has adjusted projected new capacity in China for 2015 upwards.[/font]

[font size=3]Last year 40 GW of new solar capacity was installed worldwide, compared to 38.4 GW in 2013, notes Solar Power Europe (SPE) in its Global Market Outlook 2015-2019.

Cumulative capacity is now 178 GW. In terms of generation, this is equivalent to 33 coal-fired power stations of 1 GW, notes SPE. In Europe last year 7 GW was installed, which was less than in 2013. The UK was the fastest growing market, contributing 2.4 GW. Europe now installs less solar power capacity than China or Japan individually, but still more than the US. However, Europe is still the world’s largest playher with more than 88 GW installed at the end of 2014.

China is currently the fastest growing market, installing 10.6 GW in 2014, followed by Japan with 9.7 GW and the US with just over 6.5 GW. SPE says capacity could reach 540 GW in five years’ time in a high-growth scenario and would reach 396 GW in a “low-support” case.

…[/font][/font]