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According to data released by SolarPower Europe, a European trade agency, 104.
1 GW
of new solar power capacity was added globally in 2018.
Michael Schmela, Executive Advisor and Head of Market Intelligence at SolarPower Europe, highlighted the positive role
that emerging markets play in terms of performance.
"Despite the significant impact of China's 531 PV New Deal, the global market is strong enough to compensate for a temporary slowdown
in the world's largest solar market.
"
SolarPower Europe also confirmed that Europe installed about 11 GW of solar last year, of which EU countries accounted for about 8 GW
.
"The EU has laid the foundation for solar growth by eliminating trade measures on solar panels and provided the right framework for solar energy through clean energy package legislation," said Christian Westermeier, president of the association, referring to the group's decision last year to end a minimum import price
for modules and batteries made in China.
Walburga Hemetsberger, CEO of the group, added: "As the lowest-cost, easy-to-deploy clean energy technology, solar energy in Europe has entered a new phase
of growth.
”
Britain-based market research firm IHS Markit said in June it expects to reach about 105 GW in 2018, 8 GW lower than its previous forecast of 113 GW and close to actual figures
.
According to data released by SolarPower Europe, a European trade agency, 104.
1 GW
of new solar power capacity was added globally in 2018.
Michael Schmela, Executive Advisor and Head of Market Intelligence at SolarPower Europe, highlighted the positive role
that emerging markets play in terms of performance.
"Despite the significant impact of China's 531 PV New Deal, the global market is strong enough to compensate for a temporary slowdown
in the world's largest solar market.
"
SolarPower Europe also confirmed that Europe installed about 11 GW of solar last year, of which EU countries accounted for about 8 GW
.
"The EU has laid the foundation for solar growth by eliminating trade measures on solar panels and provided the right framework for solar energy through clean energy package legislation," said Christian Westermeier, president of the association, referring to the group's decision last year to end a minimum import price
for modules and batteries made in China.
Walburga Hemetsberger, CEO of the group, added: "As the lowest-cost, easy-to-deploy clean energy technology, solar energy in Europe has entered a new phase
of growth.
”
Britain-based market research firm IHS Markit said in June it expects to reach about 105 GW in 2018, 8 GW lower than its previous forecast of 113 GW and close to actual figures
.
