Solar PV has emerged as the most-installed power generation technology globally, according to a report released this week.
Analysis firm GlobalData’s Power Attractiveness Index showed 72 GW of solar PV capacity installed worldwide in 2016, followed by 53 GW of wind power, 52 GW of coal-fired power, 41 GW of gas-fired power and 31 GW of hydropower.
China and India occupy the top two spots in the Index as the most lucrative power markets in the short term, GlobalData said, followed by the US, Turkey, Germany and Brazil.
According to China’s latest five-year energy development …read more