Last year 40 GW of new solar capacity was installed worldwide, compared to 38.4 GW in 2013, notes Solar Power Europe (SPE) in its Global Market Outlook 2015-2019. Cumulative capacity is now 178 GW. In terms of generation, this is equivalent to 33 coal-fired power stations of 1 GW, notes SPE. In Europe last year 7 GW was installed, which was less than in 2013. The UK was the fastest growing market, contributing 2.4 GW.
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