Write Review | Register | Login
  • Home
  • Solar Companies
  • Solar Panels
  • Inverter
  • Battery
  • Solar Panel Cost
  • Your Utility
  • Tesla
  • Blog
  • Solar Calculator
  • For Installers
  • Register
  • Login
  • CONSUMER
  • COMPANY

Read Reviews

Solar Calculator

Login | Register

Solar Leads

Upload Systems

Login | Register

Register to get live solar prices from the best rated solar companies in your area

Register to get live solar prices from the best rated solar companies in your area

Preparing solar calculator...


  1. Home
  2. SolarReviews News - Solar Energy and Solar News
  3. World Solar Installations Will Boom in 2016, Even as European Market Wanes
World Solar Installations Will Boom in 2016, Even as European Market Wanes

World Solar Installations Will Boom in 2016, Even as European Market Wanes

by Chris Meehan on 06/21/2016 in Solar Energy, Solar Panels, Solar Power

Earlier this year Europe hit an amazing milestone in solar, surpassing 100 gigawatts of installed solar power across its countries—becoming the first region to do so. It’s a harbinger of what’s likely to come in 2016 as more than 60 gigawatts of solar power will likely be brought online by the end of the year. 

That’s according to SolarPower Europe’s new report "Global Market Outlook for Solar Power 2016-2020.” The report shows that by the end of 2015 an accumulative 229 gigawatts of solar power was online—with more than 50 gigawatts of solar power coming online in 2015 alone. That’s largely in line with other reports like the Institute for Energy Economics & Financial Analysis (IEEFA), which reported earlier in June that 227 gigawatts of solar was installed in 2015. Accumulative Solar Power Projections. Excerpted from SolarPower Europe's report

It’s just the beginning of the solar explosion, according to Oliver Schafer, president of SolarPower Europe. "Solar is booming and continues to break records in many parts of the world which gives us reasons to believe 700 gigawatts globally installed solar power is possible by 2020.”

In 2015 Europe also saw its solar installations grow to 8.2 gigawatts of new electric generation, an increase of 15 percent over the previous year. However, it is a short bump in the market there. "While this is the first upward trend since 2011, it is likely that demand on the European continent will slow down, primarily due to the termination of support for utility-scale solar in the UK,” said James Watson, CEO of SolarPower Europe. “What European solar needs now is the right electricity market design.”

"Solar power is increasingly cost-competitive with fossil fuels and distributed solar is cheaper than retail electricity in many countries. In 2016, solar also became cheaper than on-shore wind power in parts of the globe,” explained Michael Schmela, executive advisor of SolarPower Europe and lead author of the report.

The report found that at in 2015 China, Japan and the US led the world in new solar installations. China and Japan alone were responsible 50 percent of the solar that came online last year. The three countries are expected to lead the world in new solar power in 2016 as well with China being the dominant market. According to the report China installed a whopping 7 gigawatts of solar power in the first quarter of 2016. 

Other analysts are also anticipating a record year for solar installations. For instance, in May GTM Research anticipated that more than 66 gigawatts of solar will come online across the world in 2016. 

Tweet

You must be Signed in to leave a Comment

To Sign in click this link: Click here to Sign in

If you have not yet registered on the site then you can Click here to register as a new user or Click here to register as an installer

Find what you want

Search through the posts

Never Miss a Post

Subscribe to Solar Review's News:

Write for Solar Reviews

Have content you would like to contribute?

Email us using the Contact Us link above, we would love to hear from you.

Categories

  • Alternative Energy (1016)
  • Inverters (58)
  • Photovoltaic Technology (611)
  • Renewable Energy (1570)
  • Solar Cells (293)
  • Solar Energy (2283)
  • Solar Licensing (235)
  • Solar Panels (1498)
  • Solar Power (2091)
  • Solar Rebates (1124)

Archives

  • February 2019 (11)
  • January 2019 (23)
  • December 2018 (21)
  • November 2018 (22)
  • October 2018 (23)
  • September 2018 (18)
  • August 2018 (23)
  • July 2018 (22)
  • June 2018 (21)
  • May 2018 (23)
  • April 2018 (21)
  • March 2018 (22)
  • February 2018 (21)
  • January 2018 (22)
  • December 2017 (20)
  • November 2017 (21)
  • October 2017 (25)
  • September 2017 (40)
  • August 2017 (65)
  • July 2017 (58)
  • June 2017 (66)
  • May 2017 (65)
  • April 2017 (58)
  • March 2017 (66)
  • February 2017 (57)
  • January 2017 (61)
  • December 2016 (62)
  • November 2016 (65)
  • October 2016 (62)
  • September 2016 (55)
  • August 2016 (53)
  • July 2016 (56)
  • June 2016 (53)
  • May 2016 (44)
  • April 2016 (30)
  • March 2016 (23)
  • February 2016 (20)
  • January 2016 (18)
  • December 2015 (22)
  • November 2015 (17)
  • October 2015 (19)
  • September 2015 (19)
  • August 2015 (12)
  • July 2015 (21)
  • June 2015 (22)
  • May 2015 (21)
  • April 2015 (20)
  • March 2015 (21)
  • February 2015 (18)
  • January 2015 (20)
  • December 2014 (18)
  • November 2014 (22)
  • October 2014 (20)
  • September 2014 (21)
  • August 2014 (15)
  • July 2014 (23)
  • June 2014 (20)
  • May 2014 (24)
  • April 2014 (24)
  • March 2014 (28)
  • February 2014 (26)
  • January 2014 (23)
  • December 2013 (24)
  • November 2013 (26)
  • October 2013 (34)
  • September 2013 (30)
  • August 2013 (29)
  • July 2013 (36)
  • June 2013 (47)
  • May 2013 (59)
  • April 2013 (44)
  • March 2013 (22)
  • February 2013 (20)
  • January 2013 (8)

How much do Solar Panels cost in your area







per month

Next

The following system would zero out your power bill and the savings shown would be made over the life of the system

ESTIMATED
SYSTEM*

ESTIMATED
SAVINGS*


Now get live pricing!

How it works: When you enter your details we display a more detailed online estimate. We then seek live pricing from installers for the size of system you need. Live pricing data is an installer's most commercially sensitive information and so this is why we are required to validate your name, address and phone number. If we cannot validate this information your estimate will only include historical pricing from past installations.

 



Click here to add Comments



Number of Installers: 3   2   1   Historical Prices Only

* Estimates are based on standard costs for utility power and installations in your zipcode and may vary from the detailed estimate that you will receive once you enter your contact information below. Calculations are based on a 100% loan over 20 years, with a 25 year payback, 4.5% loan rate, and 3% per year inflation in electricity prices.

Quick Links

  • Home
  • Solar Companies
  • Solar Panels
  • Solar Inverters
  • Solar Batteries
  • Solar Panel Cost
  • Going Solar with Your Utility
  • Solar Leads

 

About Us

  • About SolarReviews
  • Testimonials
  • Staff
  • Authors
  • Contact Us

Learn More

  • Solar Incentives
  • Going Solar - FAQ's
  • Pros and Cons of Solar Energy
  • Tips for finding the right installer
  • Solar Licensing Requirements
  • How much energy...Solar generate
  • Solar Financing
  • Net Metering
  • Solar tax credit
  • Solar City PPA
  • Solar panel installation issues
  • How much do solar panels cost?
  • Solar panel system equipment
  • The pros and cons of solar energy
Login
Register

Solar News and Events

  • Solar Blog
  • Solar News
  • Press Releases

Our Industry Partners

  • SEIA
  • CALSSA
  • Nabcep
  • Solar Energy International

Compare Solar Calculators

  • Solar Estimate
  • Solar Calculator

Cities

  • Texas -> Houston City
  • California -> Los Angeles City
  • Indiana -> Evansville City
  • California -> San Diego City
  • Texas -> Austin City
  • California -> San Jose City
  • Arizona -> Phoenix City
  • Nevada -> Las Vegas City
  • Texas -> Killeen City
  • Washington -> Seattle City
  • Texas -> Dallas City
  • Texas -> San Antonio City
  • Florida -> St Petersburg City
  • Florida -> Saint Petersburg City
  • New York -> Staten Island City
  • Florida -> Orlando City
  • Florida -> Fort Myers City
  • California -> Temecula City
  • California -> Riverside City
  • California -> Rancho California City
  • California -> Santa Clarita City
  • California -> Fremont City
  • Arizona -> Gilbert City
  • Ohio -> Cincinnati City
  • Ohio -> Columbus City
  • New Mexico -> Albuquerque City
  • Indiana -> Darmstadt City
Solar Reviews | Consumer Reviews of Solar Companies, solar panels, Solar Installers and Solar Contractors
About us

Compare consumer reviews of solar companies, solar panels and solar inverters. Request a free solar estimate from the solar company that best fits your needs.

Call us +1 (844) 442-5029
Follow us
  • Privacy Policy
  • Terms of Use
  • Sitemap
Copyright © 2012 - solarreviews.com. All rights reserved.
Close