A report commissioned by the World Economic Forum has found that the United States is the only country in the world to produce enough solar power to power every home in the country.
In a new report entitled Solar Power in the 21st Century: Renewable and Nuclear Energy, the authors of the report conclude that the U.S. is the “most prolific solar-powered nation”.
The report states that U.K. and France were the top three countries producing solar power in 2012, followed by Germany and China.
The report’s authors said the U!
has been “unprecedented in its rapid growth” in the number of solar power installations.
“Our findings reveal that the growth in the US. solar energy sector, including on rooftops and in utility-scale installations, has surpassed the total growth in solar electricity production in other nations,” said Paul R. Bussard, senior fellow at the FTW Institute for Sustainable Energy, in a statement.
“We also estimate that this unprecedented growth in US solar power generation is equivalent to an additional 50 GW of installed capacity in the US.”
The report also notes that the US is the largest solar power market in the Western Hemisphere, accounting for roughly 12% of the global total.
The U.N. Energy Security Program (UNEP) and the UBS energy market consultancy, Solar Markets, conducted the research.
“While U. S. solar installations have been increasing in the past year, their overall size has remained relatively constant, despite a large increase in the installed capacity of the industry, reflecting an increasing preference among solar power owners to install solar energy as part of their energy mix,” said John Koster, managing director at Solar Markets.
The United States has long been a leader in the growth of solar energy.
In 2005, the country produced enough solar energy to power more than 5.2 million American homes, while in 2011 it produced enough to power an additional 4.3 million homes.
According to the report, in 2012 the U,S.
accounted for 16% of all the installed solar capacity in North America.
In 2012, U.J. installed the largest number of megawatts of solar capacity, followed closely by the Netherlands and Denmark.
China, the world leader in solar, has also been increasing its solar energy capacity.
The country installed nearly 2.7 GW of solar photovoltaic (PV) capacity in 2012.
The UNEP report noted that the solar energy market in China has been increasing rapidly in recent years, driven by the rapid growth of PV manufacturing in the province, as well as its growing role as a source of solar electricity in its national grid.
The authors also noted that China has one of the fastest growing economies in the region, with the United Nations forecasting that China will be the world market for solar power by 2020.
The study also found that in 2012 China installed nearly one-third of all installed PV capacity in Latin America, Africa and the Middle East, with a further 30% in Asia and 25% in the United Arab Emirates.
According, the report said that solar power systems in the EU, China, South Africa and Japan are all generating more than half of all PV capacity.