[Reader-list] Fwd: [WaterWatch] Solar Power Installations Jump to a New Annual Record: For Immediate Release

Wed Jul 30 02:16:21 CDT 2014

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From: Samir Mehta samir at internationalrivers.org [WaterWatch] <
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Date: 30 July 2014 10:17
Subject: [WaterWatch] Solar Power Installations Jump to a New Annual
Record: For Immediate Release
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PRESS RELEASE
Tuesday, July 29, 2014
     Contact: Gaelle Gourmelon,  ggourmelon at worldwatch.org
For more information:  Solar Power Installations Jump to a New Annual Total
<http://r20.rs6.net/tn.jsp?f=001dUCS0aVTd985Lq6-mqWyyb4qvwWRUUO-tqHyDrUrQP2Cchz8o8_DMAJBVU596RnbdXOzCTX8-Y_VAmeeh7ig5P2EM5O-H75d-3fQtEzZ17RlVjC77UZGfDeXOVkYdAPLrn9fdGr54YnQcsyjVIGBC5vB7hxLUVEfHGSy3eynm39aWURNVE56zimgITLnx4ww7bxSui0YHF5gzI7-70NbX_Z-vUGlwuw9cD7Qd6xPk5T4Zk2mPZeMzT8me9UApoYeAVitNpQXZAM=&c=cnkyWu-Q0d11WGnAEYZxfilIh44RreLJMl5Jep59ZB6v_VMrw9AH-A==&ch=g1BFiMEs_K8hStmt58IccGOv93JgGHI6JFKOHuBY5W1IHAa-FEjZpg==>

*Solar Power Installations Jump to a New Annual Record*

*New analysis by the Worldwatch Institute examines global trends in solar
power*

*Washington, D.C.*----The year 2013 saw record-breaking growth for solar
electricity generation as the photovoltaic (PV) and concentrated solar
thermal power (CSP) markets continued to grow. With over 39 gigawatts
installed worldwide, the PV solar market represented one third of all
newly-added renewable energy capacity, write Worldwatch's Max Lander and
Climate and Energy Intern Xiangyu Wu in the Worldwatch Institute's
latest *Vital
Signs Online* trend (www.worldwatch.org
<http://r20.rs6.net/tn.jsp?f=001dUCS0aVTd985Lq6-mqWyyb4qvwWRUUO-tqHyDrUrQP2Cchz8o8_DMC6ThQWCo_HRe3dwscDfBysT5MT1tP_UsB14hlYRKN2b9mLJ3r9-H1pH5JEcNEqH5fFvhgxpnlIcUjpwtELIr8FH0KI5YzZUwbII3u4m6wOZudNEIwevxLPBhBGbySJgrQ==&c=cnkyWu-Q0d11WGnAEYZxfilIh44RreLJMl5Jep59ZB6v_VMrw9AH-A==&ch=g1BFiMEs_K8hStmt58IccGOv93JgGHI6JFKOHuBY5W1IHAa-FEjZpg==>
).

Solar PV installations nearly matched those of hydropower and, for the
first time, outpaced wind additions. Even though photovoltaics continue to
dwarf CSP capacity, the CSP market also had another year of impressive
growth. By the end of 2013, a total of 19 countries had CSP plants
installed or under construction.

Consumption of power from PV and CSP plants increased by 30 percent
globally in 2013 to reach 124.8 terawatt-hours. Europe accounted for the
majority of global solar power consumption (67 percent), followed by Asia
(23.9 percent) and North America (8.1 percent). Worldwide, solar
consumption equaled 0.5 percent of electricity generation from all sources.

Despite the record growth in installations, global investments in solar
electricity were down 20 percent (from $142.9 billion in 2012 to $113.7
billion in 2013), reflecting a significant decrease in costs. In July 2014,
global PV module spot prices reached an all-time low of $0.63 per watt. For
the first time, Asia overtook Europe as the largest regional market.

While global PV module production increased by only 3 percent over 2012,
module shipments jumped by 24 percent, signaling an easing of oversupply
problems.

Prospects are bright for solar development as prices continue to fall and
approach grid parity in an increasing number of contexts. Rooftop solar is
already less expensive per megawatt-hour than retail electricity in
Australia, Brazil, Denmark, Italy, and Germany. Estimates now also show
that PV has become price-competitive without subsidies in 15 countries. For
2014, solar installations are estimated to reach 40-51 gigawatts.

*Country Highlights from the Report:*

   - China installed 12.9 gigawatts of PV, the most ever installed in one
   year by any country. The country's momentous expansion was fueled largely
   by its feed-in tariff (FIT) program, which supports large, grid-connected
   utility-scale projects as well as distributed generation projects. However,
   grid connections are struggling to keep up with the rapid pace of China's
   PV deployment.

   - Europe installed close to 11 GW of PV. This represented the second
   annual decline in installations after peaking at 22.3 GW in 2011. In
   Germany, a reduction of FIT rates and an increase in regulations for
   utility-scale projects contributed to the fall in installations.

   - North America added 5.2 GW of PV. The United States installed the
   third most PV worldwide, with 4.8 GW.

   - In Central and South America, solar development has been sluggish.
   Despite power consumption more than doubling in 2013, the region still
   accounts for a small fraction of the world's solar power.

   - The Middle East and Africa had little PV activity, with the exception
   of Israel and South Africa, which added 420 MW and 75 MW, respectively.

 *----END----*
*Notes to Editors:    *
For more information and to obtain a complimentary copy of "Wind Power
Growth Still Surging Where Strongly Supported," please contact Gaelle
Gourmelon at ggourmelon at worldwatch.org. Click here to preview the trend.
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*About the Worldwatch Institute:*
Worldwatch is an independent research organization based in Washington,
D.C. that works on energy, resource, and environmental issues. The
Institute's *State of the World* report is published annually in more than
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*About Vital Signs Online:*
*Vital Signs Online* provides business leaders, policymakers, and engaged
citizens with the latest data and analysis they need to understand critical
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in historical perspective, allowing you to see where the trend has come
from and where it might be headed. New trends cover emerging hot
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provide the latest data and analysis for the fastest changing and most
important trends today. Every trend includes full datasets and complete
referencing. Click here
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