fourteen regions out of 2 countries in the world currently account for 95% of PV installation activities in 21. At present, we hope that various emerging markets can solve the problem of shrinking and nearly saturated demand for modules in developed countries. According to the PV data of iSuppli company, the market share of photovoltaic modules outside the above 14 regions-collectively referred to as "the rest of the world"-will increase from the current 5% to about 25% in 214.

among all emerging markets, the installed capacity of PV in Asia is expected to be the highest in 214, rising from 315MW at the end of 21 to 3443MW. Europe, Middle East and Africa (EMEA) will rank second, and PV installation will increase from 197MW this year to 2152MW. Australia, Africa and America are behind.

the global PV installation capacity will increase from 15769MW this year to 374MW, as shown in figure 3. At present, PV installation activities are most active in 14 countries and regions, including China, Japan and South Korea in Asia, the United States and Ontario in North America, and Germany, Italy, Spain, France, Britain, Czech Republic, Belgium, Greece and Bulgaria in Europe.

Germany is the largest single PV market, and the installed capacity is expected to reach 8782MW by the end of 21. However, the installed capacity in Germany will reach the peak of 94MW next year, and then decline. By 214, the PV installation capacity in Germany will remain 45MW.

Bright signs of solar energy industry in emerging markets

Among promising emerging markets, India will take the lead in the Asian continent, which has a huge population, and the growing demand for electricity will promote the development of the local market. Other Asian countries with active PV development plans include Malaysia and the Philippines, both of which will start solar energy projects in 211-212. There is also Thailand, which has announced the establishment of a 7MW large-scale solar energy facility.

in emerging markets in Europe and the middle east, solar energy projects will enter smaller areas, including southern central Europe, Israel, turkey, Egypt and the United Arab Emirates. High sunshine level, low environmental impact and no dependence on fossil fuels will promote the development of solar energy in these areas.

due to the long sunshine time, Australia may be a new area for developing solar energy. But its population is only 22 million, and low-cost, carbon-based electricity is enough. Therefore, iSuppli predicts that although the installation of solar energy in Australia may increase in the next few years, the overall market size will still be much smaller than that in other regions.

in America, most solar energy activities outside the United States take place in Canada and Mexico, which has just started to strengthen solar energy installation. But in Mexico, where electricity is scarce, only a few people have enough money to install solar energy systems. In addition, it is not very common to provide loans for this kind of provision, and it is not expected to get political financial support, which makes the problem more complicated.

the low budget of the public is also one of the problems faced by PV industry in other Latin American countries. Therefore, despite the good lighting conditions, the solar energy capacity of these markets will not increase immediately. Among the countries with great solar energy potential, Argentina, Chile and Brazil are at the forefront, and these countries are building demonstration power stations. Peru is also a competitor and plans to build four 2MW solar energy projects in 212. The African continent can get a lot of solar energy everywhere, but it will not begin to develop this potential before 214. Africa's current leading regions include South Africa, Morocco and Desertec. The goal of Desertec project is to use solar power stations to generate electricity in desert areas covering North Africa and the Middle East.