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According to the analysis, global PV production increased to about 7.3 GW in 2008, an 80% rise on the previous year.
Europe's production of solar cells rose from 1.1 GW to 1.9 GW, while the installed capacity increased threefold to 4.8 GW. This was mainly led by Spain, where installed capacity almost quintupled from 560 MW in 2007 to 2.5–2.7 GW.
The cumulative installed PV electricity generation capacity in the world was around 15 GW, with Europe accounting for more than 60% of this (9.5 GW).
The study, conducted by the JRC Institute for Energy (IE), gives an overview of current activities in research, manufacturing and market implementation in this sector. The report shows that European PV production has grown on average by 50% per annum since 1999 and its market share has increased to 26% in 2008. In terms of electricity generation, photovoltaics contributed in 2008 for about 0.35 % of Europe's final electricity consumption.
However, the report does note that global investment in renewable energies and energy efficiency was hit by the financial crisis in late 2008 and early 2009, “but is now showing signs of a strong recovery.” Identifying a significant slowdown in investment in the second half of 2008 (-10% in the third quarter; -23% in the fourth), that continued in the first quarter of 2009 (down 47% compared with the fourth quarter of 2008), this trend started to reverse in the second quarter (+83% compared with the first quarter of 2009).
The analysis names China as the new leading producer of solar cells, with an annual production of about 2.4 GW, followed by Europe with 1.9 GW, Japan with 1.2 GW and Taiwan with 0.8 GW. Should this trend continue, China might be expected have secured about 32% of world-wide production capacity by 2012.

The world’s ocean surface temperature was the warmest on record for June, breaking the previous high mark set in 2005, according to a preliminary analysis by NOAA’s National Climatic Data Center in Asheville, N.C. Additionally, the combined average global land and ocean surface temperature for June was second-warmest on record. The global records began in 1880.
Why can't all the media and politicians just say "hey, having a clean environment is a good thing, let's all work to help with that." No it's "We gotta change our way or we'll destroy the planet."
Yeah, not buying it. I remember back in the 70s when everyone was facing freaking out over Global cooling and a new ice age was going to be what was going to kill us all.
Climate change in a natural process.
The human effect upon it exists, but not the scale many keep claiming.
The whole thing just sounds like a scam on too many levels.
I don't trust the a lot of the sources for the data presented supporting Global Warming nor many of the methods used to gather said data.
I still picked my car out based on best gas mileage and do my bit to keep my area clean.
Statisticians who analyzed the data found a distinct decades-long upward trend in the numbers, but could not find a significant drop in the past 10 years in either data set. The ups and downs during the last decade repeat random variability in data as far back as 1880.
Saying there's a downward trend since 1998 is not scientifically legitimate, said David Peterson, a retired Duke University statistics professor and one of those analyzing the numbers.
Identifying a downward trend is a case of "people coming at the data with preconceived notions," said Peterson, author of the book "Why Did They Do That? An Introduction to Forensic Decision Analysis."
ScienceDaily (Oct. 25, 2009) — The possibility that climate change might simply be a natural variation like others that have occurred throughout geologic time is dimming, according to evidence in a Proceedings of the National Academy of Sciences paper published October 19.
The research reveals that sediments retrieved by University at Buffalo geologists from a remote Arctic lake are unlike those seen during previous warming episodes.