Set to Boom in the Coming Years After years of slow progress, the global market for concentrated photovoltaic (CPV) systems is entering a phase of explosive growth, with worldwide installations set to boom by 750 percent from 2013 to the end of 2020. CPV installations are projected to rise to 1,362 megawatts in 2020, up from 160 megawatts in 2013, …
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Solar and Wind to Push Global Renewable Energy Share to 36% by 2020
Initiatives aimed at cutting carbon emissions and establishing long term energy security will see renewable energy claim a 36% share of global cumulative installed capacity by the end of the decade, states the latest report from business intelligence firm GBI Research. The new report* explains that solar photovoltaic (PV) and wind energy will be the primary technologies forecast to drive …
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