Market development

Photovoltaics

National PV penetration in % of electricity demand base on 2019 capacities

This figure shows the theoretical PV share in electricity demand in selected countries (IEA PVPS and others), based on the overall installed solar PV capacity until 2019.

Solar PV contributes almost 3 % to the global electricity demand and almost 5 % in the European Union. Germany is still number 1 in Europe with 8.6 %.

Annual and cumulative installed PV-power 2019 of selected countries

European new solar installations 2014-2019 and forecast to 2023

Distribution of newly installed photovoltaic power worldwide 2018 vs. 2019

Last year, the newly globally installed capacity in the solar PV sector was 97 GW, which is 3 GW less than in 2018.

In Europe, there has been an increase in new annual installations from 8.9 to 19.1 GW.

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