It’s a question that many are asking, and one that has prompted several countries to share their statistics on solar energy production.
The United States ranks first with 4.6 gigawatts of installed solar energy capacity, followed by India with 2.4 gigawatts, and Germany with 2 gigawatts.
But that’s not all, according to a report released by the Solar Energy Industries Association (SEIA) and the International Solar Energy Association (ISEA) on Wednesday.
The report noted that the United States is home to a number of states that have significantly more installed solar PV capacity than they do electricity production.
According to the report, Nevada has the most solar PV power generation in the country, followed closely by Wyoming and Montana, with the remainder of the states clustered around Idaho, Utah, California, and Texas.
California, Oregon, and Nevada also rank as states that produce more than their share of the nation’s electricity production, according the report.
In contrast, states with lower rates of solar development have a lower share of their power produced from renewable sources, the report noted.
The U.S. is home also to the largest solar PV installers in the world.
Solar power in the United Kingdom is the second largest market in the European Union after Germany, and solar power in Canada is the largest market globally.
The Solar Energy Industry Association ( SEIA ) and the ISEA report, released Wednesday, show that the U.K. and Canada are home to the third and fourth largest installations of solar PV in the U to European Union and China, respectively, with more than one gigawatt of installed capacity, respectively.
However, the two European countries are still the only European countries with more installed capacity than it produced.
China, by contrast, is home only to the second and third largest solar capacity in the entire world, with just under 1 gigawat of capacity, according, the ISTA report.
Germany is home for the fourth largest installed solar power capacity in Europe with more solar PV installed capacity in 2017 than the United Arab Emirates, followed only by the United Nations, according SEIA.
The study also noted that countries with high solar PV growth have also seen increased solar PV investment in recent years, with Germany and the United Sates seeing the largest growth in investment since the year 2000.
The solar industry is in its infancy in Europe, and there is much room for growth, according Toke Pouwet, CEO of SEIA, who led the analysis.
In addition to a lack of solar penetration, solar power is often seen as an investment tool for the wealthy, Pou.
said in a statement.
While there is a growing awareness in Europe about the importance of solar energy, and a desire to invest in the sector, it is often not the case that the government or utilities are looking for those investments, said Pou, a former president of the European Commission, who served from 2009 to 2016.
The ISEA study also notes that the growth in solar PV production has been driven largely by an increase in the number of countries that have a solar industry, rather than a reduction in the amount of solar power installed by the U .
S.
It also notes the United states and other developed countries have seen a rapid expansion in solar installations over the past five years, while the developed world has seen a slow growth.
“The growth has been dramatic, but there are still large numbers of PV installations in the developed countries,” Pou said.
“We believe that the fact that the world has been moving in the right direction in terms of renewables is really because of a combination of factors that include the financial and technical investment in renewables and the growing adoption of smart grid technologies, Puewet said.