IEA: Solar PV Meets More Than 1% of Electric Demand in 15 Nations

A report released by the International Energy Agency Photovoltaic Power System Programme (IEA PVPS) finds that PV is now providing more than 1% of electricity demand in 15 nations. PV represents 0.85% of electricity production and is expected to reach 1% in 2014 throughout the globe.

Globally, PV represents 0.85% of electricity production and is expected to reach 1% in 2014. IEA estimates that PV is meeting 7.8% of annual electric demand in world leader Italy, compared to 3% in Europe across the board.

After Italy, SolarServer continues:

The report finds that PV is meeting 6.2% of German electric demand, and 5.8% of demand in Greece.

“PV has become a major source of electricity extremely rapidly in several countries all over the world,” notes IEA PVPS.  “The speed of its development stems from its unique ability to cover most market segments; from the very small individual systems for rural electrification to utility-size power plants (today above 250 MW).”

IEA: Solar PV Meets More Than 1% of Electric Demand in 15 Nations