Solar photovoltaic (PV) installations in the Americas more than doubled in the first half of 2012 (1H 2012) and will reach nearly 4.3 GW for the year. Solar PV installations rose more than 120% in the Americas in the first six months of 2012, according to IMS Research’s latest quarterly report, to reach 1.7 GW. That compares to 750 MW in the 1H 2011.
Looking at the global picture, the German and Americas markets led growth in solar PV installations through June, with global installations exceeding 13 GW for the first time ever. IMS forecasts 3 GW of new solar PV capacity coming on-line for the full year, according to IMS’ “Q3 PV Demand Report.”