BNEF: Power Transition Trends 2020

Wind Industry Profile of

Photovoltaics by far the world’s leading power-generating technology installed in 2019; 45% of capacity added was solar with one third of all countries making it their top choice

Photovoltaics (PV) dominated as the main new power-generating technology source added to grids in dozens of countries ranging from Australia, to India, Italy, Namibia, Uruguay and the U.S. in 2019. With a record 118 gigawatts constructed, PV topped all other technologies in new-build terms and was the most popular technology deployed in a third of nations, according to complete and proprietary data compiled by research company BloombergNEF (BNEF). In all, 81 countries built at least 1 megawatt of solar during the last calendar year and solar accounted for nearly half of all new power... ... More: Official Press Release BNEF

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