Production of solar panels continues to increase
JRC report notes 60% jump in solar panel production
The latest Photovoltaics Status Report, released today by the JRC Institute for Energy (IE), shows a continued increase in the yearly growth rate of solar photovoltaic production, averaging 40% over five years and peaking at 60% in 2007. The current world electricity production from photovoltaic systems is approximately 10 billion KWh, of which half comes from the EU. Solar energy still accounts for only 0.2% of total electricity consumption in Europe. Nevertheless, the net effect is 4 million fewer tonnes of CO2 being released.
Photovoltaic solar energy is one of fourteen different energy technologies that the JRC is currently assessing within the context of the Strategic Energy Technology Plan, which is a key element of Europe's current energy policy. The annually published PV Status report combines analysis of up-to-date international manufacturing and market implementation data throughout 2007 with subsequent strategic and political developments up to September 2008.
The photovoltaic growth scenario for Europe, an analysis of European policies and assessment of current investments based on data from 2001 to 2007, predicts that more than 15TWh of electricity will be generated in 2010. This equates to 0.5% of the EU 27 total net production of electricity in 2006 or the same as Slovenia's total electricity consumption.
Projections are that by 2012 China will account for 27% of worldwide solar cell production capacity (approximately 42.8 GW), followed by Europe with 23%, Japan with 17% and Taiwan with 14%.