Community Research and Development Information Service - CORDIS


PV Status Report 2006, Research, Solar Cell Production and Market Implementation of Photovoltaic

Funded under: FP6-SUSTDEV


In 2005, the photovoltaic industry continued its impressive growth and delivered worldwide some 1,700 MWp [Pvn 2006] of photovoltaic generators (Fig. 1). In the past 5 years, the average annual world growth rate was above 40%, making the further increase of production facilities an attractive investment for industry. An investment report published in 2004 by Credit Lyonnais Security Asia forecasts that the photovoltaics sector has a realistic potential to expand from EUR 5.6 billion1 in 2004 to EUR 24 billion in 2010, corresponding to 5.3 GWp in annual sales [Rog 2004]. In the meantime the bank analyst Mr. Rogol estimates that even 10 GW of annual sales with a EUR 40 billion turnover of the sector could be reached in 2010 [Rog 2006].%lThe IEA Photovoltaic Power Systems Programme reported in October 2005, that by the end of 2004 "Total direct employment in the sector in the reporting countries may now exceed 50,000 persons, with rapid growth indicated in Germany and the USA" [IEA 2005]. If the growth of Photovoltaics in the IEA PVPS reporting countries, as well as others like China and India are taken into account it is very likely that in 2005 the world-wide solar electricity industry already provided employment for over 70,000 people, about double the number estimated by the European Photovoltaic Industry Association (EPIA) in 2003 [Epi 2004].

Additional information

Authors: JÄGER-WALDAU A, European Commission, Joint Research Centre, Institute for Environment and Sustainability, Ispra (IT)
Bibliographic Reference: EUR 22346EN (2006), 118 pp. Free of charge
Availability: (Catalogue Number: LB-NA-22346-EN-C)
ISBN: ISBN: 92-79-01256-8
Record Number: 200718886 / Last updated on: 2007-03-01
Original language: en
Available languages: en