Global installed photovoltaic solar capacity went from strength to strength, led by global giants China (up 67.9%) and the United States (up 26.2%).Robust growth was also reported in Australia and Japan. Although a longtime pioneer in the global solar industry, Germany has been stalling in recent years and now lags far behind the United States and Japan in terms of installed capacity.
Thanks to strong growth in its solar (and wind) industry and the ongoing shift from coal to gas in the power generation mix, the United States was the only country to report a decrease in CO2emissions in 2017.
In Europe, France recorded one of fastest rates of growth, albeit starting from a much lower level: its installed capacity is almost six times lower than that of Germany.
Global Installed Photovoltaic Solar Capacity (in MW)
|Country||2016||2017||New Photovoltaic Solar Capacity in 2017||Change|
|Rest of the World||60,331||81,922||21,591||35,00%|
Source: BP Statistical Review 2018