The distributed solar energy generation market will increase from approximately 66 billion in 2010 to more than 154 billion annually by 2015, a compound annual growth rate (CAGR) of 18%, the cleantech market intelligence firm forecasts. During that period, the firm anticipates that total installed capacity of distributed PV will rise from 9.5 gigawatts (GW) to more than 15 GW.
"Solar PV capacity was added in more than 100 countries during 2010, and a similar number in 2011," says research analyst Dexter Gauntlett. "The market is led by residential and commercial grid-connected PV systems and is concentrated in regions with favorable financial incentives, such as premium feed-in tariffs for PV, including Germany, Italy, France, Czech Republic, Japan, Canada, and the United States, led by California."
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Reference: clean-energy-technologies.blogspot.com