New global solar capacity could surpass 2016 record this year

New global solar capacity will continue to grow this year, after lower costs drove it to record levels in 2016, and could surpass 80 gigawatts (GW), Europe’s solar industry forecast on Tuesday. Solar photovoltaic (PV) module prices have fallen 80 percent since 2009 as capacity has risen and technologies improved. And a record 76.6 GW of new solar capacity was installed and connected to the grid last year, 50 percent up on 2015, solar power

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New global solar capacity could surpass 2016 record this year

New global solar capacity will continue to grow this year, after lower costs drove it to record levels in 2016, and could surpass 80 gigawatts (GW), Europe’s solar industry forecast on Tuesday. Solar photovoltaic (PV) module prices have fallen 80 percent since 2009 as capacity has risen and technologies improved. And a record 76.6 GW of new solar capacity was installed and connected to the grid last year, 50 percent up on 2015, solar power

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