Solar Power Poised for a Huge Year in 2014: Worldwide Installations Reach 5 New Megawatts per Hour

The equivalent of a 5-megawatt solar farm every hour of every day – that’s how much new solar photovoltaic power is being installed around the world right now, according to a leading industry analyst, and it’s a surge that will help the industry to a mammoth total for 2014.

NPD Solarbuzz said it sees demand reaching 49 gigawatts in 2014, a huge leap from 36 GW in 2013 (a number likely to be arrived at after a record-breaking 12-GW fourth quarter).

The six-month period to March 2014 will result in 22 gigawatts of demand, equivalent to a new 5 megawatt solar farm installed every hour, a forecaster says.

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Continue reading: EarthTechling

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