In 2012, PV industry production increased again but more modestly than previous years, increasing by around 10 % and reaching a worldwide production volume of about 38.5 GWp of photovoltaic modules. The compound annual growth rate (CAGR) over the last decade was about 55 %, which makes photovoltaics one of the fastest growing industries at present.
The 12th edition of the PV Status Report gives an overview of current trends. Over the last 15 years, the PV industry has grown from a small group of companies and key players into a global business where information gathering is becoming more and more complex.
- Category: Solar Industry Reports
- Source: European Comisison JRC
- Publication Date: 09/2013
- Language: English
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