The tenth edition of the JRC PV Status Report indicates that in 2010, the photovoltaic (PV) industry production more than doubled and reached a world-wide production volume of 23.5 gigawatt (GW) of photovoltaic modules.
Since 1990, photovoltaic module production has increased more than 500-fold from 46 megawatts (MW) to 23.5 GW in 2010, which makes photovoltaics one of the fastest-growing industries at present.
Photovoltaics is a method of generating electrical power by converting solar radiation into direct current electricity .
It is one of the most promising technological options to realise the shift to a decarbonised energy supply.
Read Photovoltaics Among Fastest Growing Industries in the World
Original content Bob DeMarco, Look Beyond the Obvious