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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Solar Market Sizzles

10:12 AM MDT | May 9, 2008 |

Alex Scott

The total energy output of photovoltaic (PV) solar cells sold around the world in 2007 increased 51% to 3,733 megawatts (Mw) according to independent research group the Worldwatch Institute (Washington, DC) in conjunction with solar energy research group Prometheus Institute for Sustainable Development (Cambridge, MA). Solar modules generating more than 2,935 Mw of energy were installed in 2007, according to estimates by the two groups, bringing cumulative global installations of PV since 1996 to more than 9,740 Mw—enough energy to meet the annual...

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