Photovoltaic Market Size, Demand, Business Overview Growth Analysis to 2022 | Key Players STR holdings, Inc., Hangzhou first PV, Material co.ltd
Photovoltaic is a method of generating electricity from solar power using semiconductors that produce photovoltaic effects. Photovoltaic market has shown prominent growth in European countries. About 74% of the world’s new PV installation was made in Europe in 2011. The PV market covers about 2.4% of electricity demand and about 5.1% of electricity demand in Europe.