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Global Solar Market Installed 98.9 Gigawatts In 2017

March 19, 2018

The global solar market installed an impressive 98.9 gigawatts of new capacity in 2017 according to SolarPower Europe, increasing by 29.3%, in comparison to the 76.5 gigawatts (GW) and 49% recorded in 2016.

SolarPower Europe presented its latest solar market data at the recent SolarPower Summit held in Brussels, Belgium, late last week. Total global solar power additions increased by 29.3% in 2017 and amounted to 98.9 GW worth of new capacity — falling just short of SolarPower Europe’s October prediction that the market would for the first time reach 100 GW. For Europe specifically, the solar market grew at the same growth rate, with 8.6 GW of new capacity in 2017, up from the 6.7 GW installed in 2017.

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