EU PVSEC Programme Online
EU PVSEC 2021, 6 - 10 September 2021
Presentation: 7DO.12.1 A Snapshot of Global PV Markets - The Latest Survey Results on PV Markets and Policies from the IEA PVPS Programme in 2020
Type: Oral
Date: Thursday, 9th September 2021
10:30 - 12:00
Author(s): G. Masson, A. Jäger-Waldau, I. Kaizuka, J. Lindahl, J. Donoso Alonso
Presenter / Speaker: G. Masson, IEA-PVPS – Task 1, Brussels, Belgium
Event: Conference Conference
Session: 7DO.12 PV Business Opportunities Today and Tomorrow
Topic: 7. 1 Costs, Economics, Finance and Markets
Keywords: Photovoltaic (PV), Market, IEA PVPS
Summary / Abstract: The objective of this paper is to propose a reliable and accurate perspective on key markets and policies related to PV development in 2020 and previously. It aims at offering a clear analysis of how PV markets have developed in 2020, with updated numbers, along with analysis of the policies behind the development. In this paper are displayed and analyzed survey results for the calendar year 2020 concerning PV markets and policies, as well as other key issues. An increasing number of national markets experienced notable growth in 2020 with impacts on policy development. Figures show that over 140 GW of PV systems have been installed in the world last year. Consequently, cumulative capacity crossed the 760 GW mark in 2020.