Despite a crisis-driven decline in investment, global production of photovoltaic (PV) cells grew by 10% in 2012. Europe remains leader in newly installed capacities with over half (51.7%) of the new worldwide capacity of 30 GW. This brought the total solar PV systems capacity in Europe to 69 GW, enough to meet 2.4% of Europe's electricity demand or to power all Italian households.
Within the EU, Germany remains on top with an additional 7.6 GW. Italy can now cover over 7% of its electricity demand thanks to newly installed 3.5 GW.