Global installation figures are rolling in for wind and PV, and they look fantastic. The future is also bright: the forecast is for further growth. Single countries used to dominate these markets, but increasingly everyone is building. In fact, developing countries now invest more in renewables than the developed world does. Craig Morris takes a look. In Europe, the leader for PV is once again the UK, which increased its installations from around 2.5 GW in 2014 to 3.3 GW last year. The country, which now has nearly 8 GW of PV installed, aims to have a whopping 22 GW by the end of this decade. To do so, it will need to install around 2.4 GW annually for the next five years. In contrast, Germany – formerly the global leader – fell below 1.5 GW of new capacity installed last year.
Renew Economy 5th Feb 2016 read more »