IEA PVPS Report: A Snapshot of Global Photovoltaic Markets 2015

IEA PVPS has distinguished itself throughout the years by producing unbiased reports on the development of PV all over the world, based on information from official government bodies and reliable industry sources. This fourth edition of the “Snapshot of Global PV Markets” aims at providing preliminary information on how the PV market developed in the last year.

IEA-PVPS collects information from official governmental bodies and reliable industry sources. Information about countries outside the IEA-PVPS network is collected through the industry network, industrial associations, IRENA and REN21. The information is condensed in this snapshot report in order to provide the best preliminary overview of global PV market development.

In 2015, the PV market broke several records and continued its global expansion, with a 25% growth at 50 GW. After a limited development in 2014, the market restarted its growth, almost everywhere, with all regions of the world contributing to PV development for the first time. Africa, the Middle East, Latin America, South and Southeast Asia saw new markets popping up, already established markets developing faster while the historical PV markets and the already confirmed markets in emerging countries continued to develop.