2021 European photovoltaic (pv) of new power capacity will reach 20 gw

According to Wood Mackenzie, recently published research report, 2019 European photovoltaic (pv) of new power capacity is expected to increase 69%, 16. 9 gw, will increase to 20 gw by 2021.

according to the report, the French photovoltaic goal is to reach 20 to 2023 gw, and Italy's goal is to reach 50 to 2030 gigawatts (gw).

competitive auction is expected to continue to promote the utility scale photovoltaic power-generating growth.

in France and Germany during the period of 2019 to 2024, 19 gw of new photovoltaic capacity bidding plan. Italy also will launch onshore wind and solar combined auctions. Spain is currently developing about 10 GW without subsidy program.

major European photovoltaic market in 2019 the average cost of utility scale system is expected to be 0. $87 / Wdc. By 2024, the European photovoltaic system costs are expected to average 25% decline.