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Global Market Outlook 2016-2020

SolarPower Europes flagship publication, the annual Global Market Outlook for Solar Power, is considered to be the most authoritative market analysis report for the global solar power sector.

A five-year highly detailed market forecast covers the various regional global solar power epicenters and their relevance in the respective power markets. It provides an outlook on how the global solar power market is expected to evolve in the coming years and which are the emerging technology trends.

With comprehensive historical market data, five-year forecasts for the main global markets, as well as an analysis of the role that solar is playing in the European energy system, the Global Market Outlook for Solar Power 2016 – 2020 is an indispensable tool for the global solar sector and energy stakeholders alike.

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Compared to last year’s Global Market Outlook 2015-2019, this report foresees a much more positive solar development for all 3 scenarios for the coming years. While the 2015 version assumed between 396 GW and 540 GW with the most likely scenario resulting in 450 GW of total gridconnected solar power by the end of 2019, the GMO 2016 foresees a range between 427 GW and 596 GW, and 516 GW for the most probable scenario. In 2020,total global solar capacity could be between 490 GW and 716 GW, with 613 GW considered the mostlikely scenario. In any case, 2 milestones will be reached in all scenarios – 300 GW solar power in 2017, and around 500 GW by 2020. (© resources.solarbusinesshub.com)

Source

SolarPower Europe 2017

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