The solar revolution is gaining momentum, even if some governments are still seemingly ignorant of its potential and in some cases, now apparently actively seeking to rein it in. In 2010, 17.5 GW of solar panel installations occurred globally, blasting past the previous years 7.2 GW by an incredible 141%.
According to an excerpt from the May 2011 issue of PVNews, solar's salad days of 2010 were powered by European feed-in tariffs, major component price drops and an abundance of polysilicon, wafers, cells, and panels thanks to the rapid expansion of production capacity.
Cell and module capacity look set to increase up to 57% in 2011, with manufacturers in China and Taiwan alone slated to add an additional 14 GW in cell production capacity this year. Globally, PV cell and panel production racked up 23.9 GW and 20.0 GW output respectively in 2010, making for annual year-over-year growth of approximately 110%.
Source: Renewable Energy News
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