Global Solar PV Capacity to Reach Nearly 500 GW in 2019, IHS Says

Multimedia
Dateline City:
EL SEGUNDO, Calif.
Contacts
Defense, Risk & Security; Healthcare/Pharmaceuticals; Economics; Country & Industry Forecasting; Design & Supply Chain
IHS Media Relations, +1 303 305 8021
press@ihs.com
or
Lee Graham for IHS, Inc., +1 212 333 4983
lee@leegrahampr.com

Ash Sharma
+44 1933 402255
ash.sharma@ihs.com

While global PV demand is projected to grow steadily, the increasing number of country markets at the gigawatt level will help to reduce demand volatility

EL SEGUNDO, Calif. (March 19, 2015) – Total global solar photovoltaic (PV) capacity is forecast to reach 498 gigawatts (GW) in 2019, which is 177 percent higher than 2014, according to IHS (NYSE: IHS), the leading global source of critical information and insight. While total global solar PV demand is projected to grow steadily, the large number of discrete country markets at the gigawatt-level will help reduce demand volatility.

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