With solar resources better than Germany’s, the Bloomberg story says that this is the direction in which Ukraine wants to head: it already has 39,000 megawatts of solar. That appeal has drawn interest from two US investment firms and four Canadian energy companies, the story adds. A European economic development bank is also talking with leaders there.
Globally, the photovoltaic solar industry that uses panels is expected to supply 200,000 megawatts of power, according to the Germany-based BSW-Solar. By 2020, it says that figure could reach 400,000 megawatts.
Germany and Spain are the globe’s leaders, although the Asian markets and the United States are the fastest growing.