Solar PV market to increase five fold

The market for solar photovoltaics (PV) is expected to increase dramatically



This is according to a recent study by accountancy firm Pricewaterhouse Coopers (PwC), which suggested that feed-in tariffs from the government are behind the predicted growth. The analysis found that the use of solar PV could grow five-fold over the course of the year.

Gus Schellekens, sustainability and climate change director at PwC, commented: "The focus on PV is timely with recently published roadmap documents outlining the future global potential for PV technologies. "While its use in the UK is small today, PV has a promising future if supported by strong government policy that sustains early deployments and supports the technology's transition to cost competitiveness." The technology uses cells to capture and convert sunlight into electricity.


However, contrary to earlier solar systems, the PV cells can be of particular use in the UK because they will even work on a cloudy day.

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