Photovoltaics among fastest growing industries in the world
PV status report 2011© EU, 2011
The 2011 JRC PV Status Report indicates that the photovoltaic (PV) industry production more than doubled in 2010, thus reaching a world-wide production volume of 23.5 gigawatts (GW) of photovoltaic modules. It is a more than 500-fold growth compared to 1990 when the global production amounted to 46 megawatts (MW). Such increase makes the photovoltaics one of the fastest-growing industries at present.