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The cumulative nominal output of photovoltaic systems currently installed worldwide was around 627 gigawatts in 2019, with more new capacity installed than in any previous year, according to data compiled by the Renewables 2020 Global Status Report, published by Ren21 and visualized by Krypto Szene.
Over the last 10 years, worldwide photovoltaic output has increased by 2,626%. Never before has the absolute rated output increased more than it did from 2018 to 2019, rising by 115 gigawatts. There are however major regional disparities in Germany. Bavaria alone, for example, generates 27.8% of Germany's photovoltaic output. After Bavaria, Baden-Württemberg and North Rhine-Westphalia follow with 12.9% and 10.9% of output respectively.
At the same time, an upward trend is emerging, and not just in terms of the installation of new plants and modules. Investors also seem to detect the potential. The share price for Enphase Energy, for example, has risen by 139% over the past year. Scatec Solar, on the other hand, has seen its market value increase by 59%. The DAX fell by 3.5% in the same period.