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Record boost in new solar power continues massive industry growth

A record amount of solar power was added to the world’s grids in 2014, pushing total cumulative capacity to 100 times the level it was in 2000. Around 40GW of solar power was installed last year, meaning there is now a total of 178GW to meet world electricity demand, prompting renewable energy associations to claim that a tipping point has been reached that will allow rapid acceleration of the technology. “For the first time ever in Europe, renewables produced more power than nuclear – and solar power was key in achieving this remarkable achievement,” said Michael Schmela, executive adviser to trade body SolarPower Europe, which compiled the statistics. Britain led the European solar expansion, with government incentives helping to add 2.4GW of solar resources to the domestic market, and a third to Europe’s overall 7GW of growth.

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