EU Science Hub

PV Status Report 2019

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 comprehen-sive and relevant information on this dynamic sector for the interested public, as well as decision-makers in policy and industry.