EU Science Hub

PV Status Report 2018

Abstract: 
Photovoltaics is a solar-power technology for generating electricity using semiconductor devices known as solar cells. A number of solar cells form a solar ‘module’ or ‘panel’, which can then be combined to form solar power systems, ranging from a few watts of electricity output to multi-megawatt power stations. Growth in the solar photovoltaic sector has been robust. The Compound Annual Growth Rate over the last decade was over 40 %, thus making photovoltaics one of the fastest growing industries at present. The PV Status Report provides comprehensive and relevant information on this dynamic sector for the interested public, as well as decision-makers in policy and industry.