1 Table of Contents 1 Table of Contents 2 1.1 List of Tables 9 1.2 List of Figures 9 2 Executive Summary 12 2.1 Global installed solar PV capacity reached 303 GW in 2016 12 2.2 China continues to lead global solar PV market in 2016 13 2.3 Asia-Pacific remains the largest regional PV power market in 2016 14 2.4 Global PV Market size set to reach $43.5 billion by 2025 15 2.5 JinkoSolar Holding is the largest crystalline solar module supplier in the world 16 3 Introduction 17 3.1 Solar Photovoltaic Technology 17 3.2 Types of Solar Modules 17 3.2.1 Crystalline Silicon Modules 17 3.2.2 Thin-film Technology 18 3.3 Nature of Solar Installations 18 3.3.1 By Grid Connectivity 18 3.3.2 End User Type 19 3.4 GlobalData Report Guidance 20 4 Solar PV Market, Global 21 4.1 Solar PV Market, Global, Overview 21 4.2 Solar PV Market, Global, Installed Capacity, 2006-2025 23 4.2.1 Solar PV Market, Global, Installed Capacity by Region, 2006-2025 24 4.2.2 Solar PV Market, Global, Cumulative Installed Capacity by Key Countries in 2016 26 4.2.3 Solar PV Market, Global, Annual Installed Capacity by Key Countries in 2016 27 4.3 Solar PV Market, Global, Generation, 2006-2025 28 4.3.1 Solar PV Market, Global, Generation by Region, 2016-2025 29 4.3.2 Solar PV Market, Global, Power Generation by Key Countries 30 4.4 Solar PV Market, Global, Market Forces Analysis 31 4.4.1 Solar PV Market, Global, Market Drivers 31 4.4.2 Solar PV Market, Global, Key Restraints 39 4.5 Solar PV Market, Global, Average System Price and Market Size, 2012-2025 40 4.6 Solar PV Market, Global, Crystalline Module Manufacturers Market Share, 2016 42 5 Solar PV Market, Germany 44 5.1 Solar PV Market, Germany, Overview 44 5.2 Solar PV Market, Germany, Installed Capacity, 2006-2025 46 5.2.1 Solar PV Market, Germany, Installed Capacityby State, 2016 47 5.2.2 Solar PV Market, Germany, Cumulative Installed Capacity Shareby Type of Installations, 2016 48 5.3 Solar PV Market, Germany, Power Generation, 2006-2025 49 5.4 Solar PV Market, Germany, Key Drivers 49 5.4.1 Tenders to drive large-scale solar PV installations in the country 49 5.4.2 Feed-in Tariff to drive small solar PV installations in the country 50 5.5 Solar PV Market, Germany, Key Restraints 51 5.5.1 Reduction in feed-in tariff can limit new installations in the country 51 5.5.2 Direct Marketing increases the additional costs 52 5.6 Solar PV Market, Germany, Average Capital Cost and Market size, 2010-2025 52 5.7 Solar PV Market, Germany, Crystalline Module Manufacturers Market Share, 2016 52 6 Solar PV Market, UK 54 6.1 Solar PV Market, UK, Overview 54 6.2 Solar PV Market, UK, Installed Capacity, 2010-2025 56 6.2.1 Solar PV Market, UK, Installed Capacityby State, 2016 57 6.2.2 Solar PV Market, UK, Installed Capacityby End User Segment, 2016 58 6.2.3 Solar PV Market, UK, Installed Capacity by Type of Accreditation, 2011-2016 59 6.3 Solar PV Market, UK, Power Generation, 2006-2025 60 6.3.1 Solar PV Market, UK, Average Load Factor, 2010-2016 61 6.4 Solar PV Market, UK, Key Drivers 62 6.4.1 Feed-in Tariffs to drive small-scale solar PV installations in the country 62 6.4.2 Reducing system cost will drive the solar PV installations 62 6.4.3 Contract for Difference (CfD) to drive large-scale PV installations in the future 63 6.5 Solar PV Market, UK, Restraints 64 6.5.1 Uncertainty over government support to restrain PV growth 64 6.5.2 Low solar potential and land issue is still a major hurdle 64 6.5.3 Grid integration issues will delay the PV installations in the near term 64 6.6 Solar PV Market, UK, Average System Price andMarket Size, 2010-2025 64 6.7 Solar PV Market, UK,Crystalline Module Manufacturers Market Share, 2016 65 7 Solar PV Market, France 67 7.1 Solar PV Market, France, Overview 67 7.2 Solar PV Market, France, Installed Capacity, 2006-2025 69 7.2.1 Solar PV Market, France, Installed Capacityby State, 2016 70 7.2.2 Solar PV Market, France, Annual Installed Capacity Shareby Type of Installations, 2016 71 7.2.3 Solar PV Market, France, Installed Capacity Shareby End User Segment, 2016 71 7.2.4 Solar PV Market, France, Cumulative Installed Capacity Share by T&D Companies, 2016 72 7.3 Solar PV Market, France, Power Generation, 2006-2025 73 7.4 Solar PV Market, France, Key Drivers 75 7.4.1 Tenders to drive the large-scale PV installations in the country 75 7.4.2 Self-consumption tender will promote the commercial and industrial PV installations 77 7.4.3 New site installations such as solar roads will be the next PV market segment 77 7.4.4 Financial incentives will drive the PV installations 78 7.5 Solar PV Market, France, Key Restraints 79 7.5.1 Increased VAT rate might lead to increase in the equipment cost 79 7.5.2 Declining government subsidy will hinder the PV growth 79 7.6 Solar PV Market, France, Average System Price and Market Size, 2010-2025 79 7.7 Solar PV Market, France, Crystalline Module Manufacturers Market Share, 2016 80 8 Solar PV Market, US 82 8.1 Solar PV Market, US, Overview 82 8.2 Solar PV Market, US, Installed Capacity, 2006-2025 84 8.2.1 Solar PV Market, US, Installed Capacityby Type of Installations, 2013-2016 85 8.2.2 Solar PV Market, US, Installed Capacity by State, 2016 86 8.2.3 Solar PV Market, US, Installed Capacity Share by End User Segment, 2006-2016 86 8.3 Solar PV Market, US, Power Generation, 2006-2025 88 8.4 Solar PV Market, US, Key Drivers 88 8.4.1 Renewable Portfolio Standards (RPS) are driving utility-scale projects 88 8.4.2 Financial Incentives will be the major driver for PV additions in the country 90 8.4.3 Growth in PV installations is driven by reduced system cost 92 8.4.4 Rural Energy for America program: Grants 92 8.5 Solar PV Market, US, Key Restraints 93 8.5.1 Repealing of Investment Tax Credit and changing metering policies could slow down the US solar market 93 8.5.2 Grid Integration remains a major challenge 93 8.6 Solar PV Market, US, Average System Price and Market Size, 2010-2025 93 8.7 Solar PV Market, US, Crystalline Module Manufacturers Market Share, 2016 94 9 Solar PV Market, Canada 97 9.1 Solar PV Market, Canada, Overview 97 9.2 Solar PV Market, Canada, Installed Capacity, 2006-2025 99 9.2.1 Solar PV Market, Canada, Installed Capacity by State, 2016 101 9.2.2 Solar PV Market, Canada, Installed Capacity by End User Segment, 2016 102 9.2.3 Solar PV Market, Canada, Cumulative Installed Capacity Share by Grid Connectivity, 2012-2016 103 9.3 Solar PV Market, Canada, Power Generation, 2006-2025 104 9.4 Solar PV Market, Canada, Key Drivers 105 9.4.1 Renewable electricity program and green energy commitment will drive the PV market in the country 105 9.4.2 Net metering and FiTs a key driver for solar PV additions in the near term 105 9.5 Solar PV Market, Canada, Restraints 106 9.5.1 Huge Potential of other low carbon energy options 106 9.6 Solar PV Market, Canada, Average System Price and Market Size, 2010-2020 106 9.7 Solar PV Market, Canada, Crystalline Module Manufacturers Market Share, 2016 108 10 Solar PV Market, Brazil 109 10.1 Solar PV Market, Overview 109 10.2 Solar PV Market, Brazil, Installed Capacity, 2010-2025 110 10.2.1 Solar PV Market, Brazil, Cumulative Installed Capacity by State, 2016 112 10.2.2 Solar PV Market, Brazil, Cumulative Installed Capacity by End User Segment, 2016 113 10.3 Solar PV Market, Brazil, Power Generation, 2006-2025 114 10.4 Solar PV Market, Brazil, Key Drivers 115 10.4.1 Net metering to facilitate the small solar generators 115 10.4.2 Auctions to drive the solar PV market in the country 115 10.4.3 New innovations such as floating solar plant willfacilitate the PV market growth 115 10.4.4 Favorable natural conditions and strong power demand will drive the solar PV market 116 10.5 Solar PV Market, Brazil, Restraints 116 10.5.1 Lack of financing policies will still be a major hurdle for PV projects 116 10.5.2 Lack of expertise in PV technology can slow down the growth of PV market 116 10.6 Solar PV Market, Brazil, Average System Price and Market Size, 2010-2025 116 11 Solar PV Market, China 118 11.1 Solar PV Market, China, Overview 118 11.2 Solar PV Market, China, Installed Capacity, 2006-2025 120 11.2.1 Solar PV Market, China, Annual Installed Capacity by Provinces, 2016 121 11.2.2 Solar PV Market, China, Annual Installed Capacity Share by Type of Installations, 2016 122 11.2.3 Solar PV Market, China, Cumulative Installed Capacity Share by Grid Connectivity, 2006-2016 123 11.2.4 Solar PV Market, China, Annual Installed Capacity Share by End User Segment, 2010-2016 124 11.3 Solar PV Market, China, Power Generation, 2006-2025 125 11.4 Solar PV Market, China, Key Drivers 126 11.4.1 Government policies will the major driver for PV installations in the country 126 11.4.2 Deployment of Floating solar PV will give new dimension to PV market 126 11.4.3 Feed-in tariff to drive the PV market 127 11.4.4 Government program targeted at poverty alleviation to drive residential PV installations 127 11.4.5 Government willingness to promote R&D in technical advancements will drive improvement in system efficiencies and increase of installations 128 11.5 Solar PV Market, China, Restraints 128 11.5.1 High costs remain a major obstacle to the development of PV power generation 128 11.5.2 Consumptive and network operation are still more restricted. 128 11.6 Solar PV Market, China, Average System Price and Market Size, 2010-2025 129 11.7 Solar PV Market, China, Crystalline Module Manufacturers Market Share, 2016 130 12 Solar PV Modules, Japan 132 12.1 Solar PV Market, Japan, Overview 132 12.2 Solar PV Market, Japan, Installed Capacity, 2006-2025 134 12.2.1 Solar PV Market, Japan, Cumulative Installed Capacity by Utility Companies, 2016 135 12.2.2 Solar PV Market, Japan, Annual Installed Capacity by End User Segment, 2011-2016 136 12.2.3 Solar PV Market, Japan, Annual Installed Capacity Share by Type of Installations, 2013-2016 138 12.2.4 Solar PV Market, Japan, Cumulative Installed Capacity Share by Grid Connectivity, 2006-2016 139 12.3 Solar PV Market, Japan, Power Generation, 2006-2025 140 12.4 Solar PV Market, Japan, Key Drivers 140 12.4.1 Tenders to drive the utility-scale installations 140 12.4.2 Introduction of Zero Energy House (ZEH) and Zero Energy Building (ZEB) to promote residential and rooftop installations 141 12.5 Solar PV Market,Japan, Key Restraints 142 12.5.1 Grid Integration Issues hinder PV market development 142 12.5.2 Reduced FiT rates can restrain PV growth inthe country 142 12.6 Solar PV Market, Japan, Average System Price and Market Size, 2010-2025 142 12.7 Solar PV Market, Japan, Crystalline Module Manufacturers Market Share, 2016 143 13 Solar PV Market, India 145 13.1 Solar PV Market, India, Overview 145 13.2 Solar PV Market, India, Installed Capacity, 2010-2025 147 13.2.1 Solar PV Market, India, Cumulative Installed Capacity by State, July 2017 148 13.2.2 Solar PV Market, India, Annual Installed Capacity Share by End User Segment for Rooftop PV, 2016 150 13.2.3 Solar PV Market, India, Cumulative Installed Capacity Share by Grid Connectivity, 2013-2016 151 13.3 Solar PV Market, India, Power Generation, 2009-2025 152 13.4 Solar PV Market, India, Key Drivers 152 13.4.1 Government’s solar power target promotes PV installations in the country 152 13.4.2 Auctions to drive the PV growth in India 153 13.4.3 Net metering and Feed-in Tariffs attract residential and commercial segments to install solar PV systems 154 13.4.4 The extension of waiver period for interstate transmission charges and losses will attract more players to invest in PV sector in near term 155 13.5 Solar PV Market, India, Key Restraints 155 13.5.1 Grid integration issues can hinder the new PV additions 155 13.5.2 Highly competitive tariff might create uncertainty in the PV power market 155 13.5.3 Land procurement still be a major hurdle for PV market 155 13.5.4 Lack of funding and introduction of new tax regime might slow down the PV installations in near future 156 13.6 Solar PV Market, India, Average Capital Cost and Investment, 2010-2025 156 13.7 Solar PV Market, India, Crystalline Module Manufacturers Market Share, 2016 158 14 Solar PV Market, Republic of Korea 159 14.1 Solar PV Market, Republic of Korea, Overview 159 14.2 Solar PV Market, Republic of Korea, Installed Capacity, 2006-2025 160 14.2.1 Solar PV Market, Republic of Korea, Cumulative Installed Capacity by Prefecture/City, 2015 162 14.2.2 Solar PV Market, Republic of Korea, Annual Installed Capacity by End User Segment, 2010-2016 163 14.2.3 Solar PV Market, Republic of Korea, Annual Installed Capacity by Type of Installations, 2016 165 14.2.4 Solar PV Market, Republic of Korea, Cumulative Installed Capacity Share by Grid Connectivity, 2015-2016 166 14.3 Solar PV Market, Republic of Korea, Power Generation, 2006-2025 167 14.4 Solar PV Market, Republic of Korea, Key Drivers 168 14.4.1 Renewable Energy Supply Certificate (RECs) and Renewable Portfolio Standard (RPS) quota will facilitate the PV installations in the near term. 168 14.4.2 NRE Deployment Programs to drive the residential and commercial PV installations in the country 169 14.4.3 Deployment of Floating solar PV will provide new dimension to the PV market 170 14.5 Solar PV Market,Republic of Korea, Key Restraints 170 14.5.1 Lack of government financial incentives such as net metering and self-consumption measures tend to discourage the small consumers. 170 14.5.2 Lack of financing options and cost support measures will discourage the investors 170 14.6 Solar PV Market, Republic of Korea, Average System Price and Market Size, 2010-2025 171 14.7 Solar PV Market, Republic of Korea, Crystalline Module Manufacturers Market Share, 2015 172 15 Solar PV Market, South Africa 173 15.1 Solar PV Market, South Africa, Overview 173 15.2 Solar PV Market, South Africa, Installed Capacity, 2011-2025 174 15.2.1 Solar PV Market, South Africa, Annual Installed Capacity Share by Type of Installation, 2016 175 15.2.2 Solar PV Market, South Africa, Annual Installed Capacity Share by End User Segment, 2016 176 15.3 Solar PV Market, South Africa, Power Generation, 2011-2025 177 15.4 Solar PV Market, South Africa, Key Drivers 178 15.4.1 Solar PV installations in the country are majorly driven by REIPPPP 178 15.4.2 Tax Exemptions and Allowances are supporting the development of PV market 179 15.4.3 Government renewable energy sources and CO2 Emission Target to drive the PV installations 180 15.5 Solar PV Market,South Africa, Key Restraints 180 15.5.1 Grid Integration Issues to hinder the PV growth in the country 180 15.5.2 Eskom’s refusal to sign new PPAs can cause uncertainty in the market 180 15.5.3 Local Content in REIPPPP might lead to high cost of PV installations 181 15.6 Solar PV Market, South Africa, Average System Price and Market Size, 2011-2025 181 15.7 Solar PV Market, South Africa, Crystalline Module Manufacturers Market Share, 2016 182 16 Appendix 184 16.1 Abbreviations 184 16.2 Bibliography 186 16.3 Methodology 192 16.3.1 Coverage 192 16.3.2 Secondary Research 194 16.3.3 Primary Research 194 16.3.4 Modeling and Forecasting 194 16.4 Contact Us 194 16.5 Disclaimer 195

1.1 List of Tables Table 1: Solar PV Market, Global, Crystalline Module Manufacturers Market Share (%), 2016 16 Table 2: Solar PV Market, Global, Countries with FiTs for Solar, 2016 33 Table 3: Solar PV Market, Global, Renewable Energy Targets by Country 35 Table 4: Solar PV Market, Global, Auction Results by Country, 2009-2017 38 Table 5: Solar PV Market, Global, Average System Price of Key Countries and Global ($/kW), 2010-2016 39 Table 6: Solar PV Market, Global, Crystalline Module Manufacturers Market Share (%), 2016 43 Table 7:Solar PV Market, Germany, Amendments to EEG 2017, PV Capacity Corridor, 2017 45 Table 8: Solar PV Market, Germany, Solar Auction Results, 2017 50 Table 9: Solar PV Market, Germany, Pilot Solar Auctions for Ground-mounted PV, Results, 2015-2016 50 Table 10: Solar PV Market, Germany, Feed-in Tariff (€c/kWh), 2017 51 Table 11: Solar PV Market, UK, Feed-in Tariff (p/kWh), July-September 2017 62 Table 12: Solar PV Market, UK, Amendments to EEG 2017, PV Capacity Corridor, 2017 63 Table 13: Solar PV Market, UK, Crystalline Module Manufacturers Market Share (%), 2016 66 Table 14: Solar PV Market, France, Tender Results, 2017 76 Table 15: Solar PV Market, France, CRE Call for Tender Results, 2011-2016 76 Table 16: Solar PV Market, France, Self-Consumption Tender Results by Region, 2017 77 Table 17: Solar PV Market, France, Purchase Rates for Full Sales of Power (€c/kWh), 2017 78 Table 18: Solar PV Market, France, Purchase Rates for Sale of Surplus Power (€/W), 2017 78 Table 19: Solar PV Market, France, Crystalline Module Manufacturers Market Share (%), 2016 81 Table 20: Solar PV Market, US, Renewable Portfolio Standards, State Targets, 2016 89 Table 21: Solar PV Market, Canada, Renewable Energy Targets, by Region 105 Table 22: Solar PV Market, Canada, Ontario, Solar PV, Feed-in Tariffs, 2016-2017 106 Table 23: Solar PV Market, Brazil, Auction Results, 2013-2017 115 Table 24: Solar PV Market, China, 13th Five-Year Plan Key Indicators of Solar Energy 126 Table 25: Solar PV Market, China, 13th Five-Year Plan Key Areas of Construction for PV generation (MW) in 2020 126 Table 26: Solar PV Market, China, New FiT Rates for PV Plants, 2017 127 Table 27: Solar PV Market, China, Crystalline Module Manufacturers Market Share (%), 2016 131 Table 28: Solar PV Market, Japan, Tender for FiT Details Scheduled in 2017 140 Table 29: Solar PV Market, Japan, Crystalline Module Manufacturers Market Share (%), 2016 143 Table 30: Solar PV Market, India, Auction Results, 2016-2017 152 Table 31: Solar PV Market, India, Net metering Tariffs, 2016 153 Table 32: Solar PV Market, India, Feed-in Tariff for Solar Power (INR/kWh and $/kWh), 2016-2017 153 Table 33: Solar PV Market, Republic of Korea, RPS Quota (%) 167 Table 34: Solar PV Market, Republic of Korea, RECs for Solar, 2017 167 Table 35: Solar PV Market, Republic of Korea, NRE Programs, 2017 168 Table 36: Solar PV Market, South Africa, REIPPP Auction Results 177 Table 37: Abbreviations 183 1.2 List of Figures Figure 1: Solar PV Market, Global, Installed Capacity (GW), 2006-2025 12 Figure 2: Solar PV Market, Global, Cumulative Installed Capacity by Major Countries (GW), 2016 13 Figure 3: Solar PV Market, Global, Installed Capacity (GW) and Share (%) by Region, 2016 14 Figure 4: Solar PV Market, Global, Market Size($m), 2010-2025 15 Figure 5: Solar PV Market, Global, Cumulative Installed Capacity (GW), 2006-2025 23 Figure 6: Solar PV Market, Global, Cumulative Installed Capacity by Region (GW), 2006-2025 24 Figure 7: Solar PV Market, Global, Installed Capacity by Region (MW), 2016 25 Figure 8: Solar PV Market, Global, Cumulative Installed Capacity by Key Countries (GW), 2016 26 Figure 9: Solar PV Market, Global, Annual Installed Capacity by Key Countries (GW), 2016 27 Figure 10: Solar PV Market, Global, Generation (TWh), 2006-2025 28 Figure 11: Solar PV Market, Global, Generation by Region (TWh), 2016 and 2025 29 Figure 12: Solar PV Market, Global, Generation by Country (TWh), 2016 30 Figure 13: Solar PV Market, Global, Power Consumption/Net Demand, 2000-2030 31 Figure 14: Solar PV Market, Global, Carbon Emissions from Energy Consumption (MT), 2016 32 Figure 15: Solar PV Market, Global, Capacity Auctioned (MW) and Average Price ($/MWh), 2016 37 Figure 16: Solar PV Market, Global, Average System Price of Key Countries and Global ($/kW), 2010-2016 39 Figure 17: Solar PV Market, Global, Average System Price ($/kW) and Market Size ($m), 2010-2025 41 Figure 18: Solar PV Market, Germany, Key Milestones 45 Figure 19: Solar PV Market, Germany, Installed Capacity (GW), 2006-2025 46 Figure 20: Solar PV Market, Germany, Installed Capacity by State (MW), 2016 47 Figure 21: Solar PV Market, Germany, Annual Installed Capacity Share by State (%), 2016 48 Figure 22: Solar PV Market, Germany, Cumulative Installed Capacity Share by Type of Installations (%), 2016 48 Figure 23: Solar PV Market, Germany, Power Generation (TWh), 2006-2025 49 Figure 24: Solar PV Market, Germany, Average Capital Cost ($/kW) and Market Size ($bn),2010-2025 52 Figure 25: Solar PV Market, Germany, Crystalline Module Manufacturers Market Share (%), 2016 53 Figure 26: Solar PV Market, UK, Key Milestones 55 Figure 27: Solar PV Market, UK, Installed Capacity (GW), 2010-2025 56 Figure 28: Solar PV Market, UK, Installed Capacity by States (MW),2016 57 Figure 29: Solar PV Market, UK, Cumulative Installed Capacity Share by End User Segment (%),2016 58 Figure 30: Solar PV Market, UK, Cumulative Installed Capacity by Type of Accreditation (MW), 2011-2016 59 Figure 31: Solar PV Market, UK, Power Generation (GWh), 2006-2025 60 Figure 32: Solar PV Market, UK, Average Load Factor (%), 2010-2016 61 Figure 33: Solar PV Market, UK, Average System Price ($/KW) and Market Size ($m), 2010-2025 65 Figure 34: Solar PV Market, France, Key Milestones 68 Figure 35: Solar PV Market, France, Installed Capacity (GW), 2006-2025 69 Figure 36: Solar PV Market, France, Installed Capacity by State (MW), 2016 70 Figure 37: Solar PV Market, France, Annual Installed Capacity Share by Type of Installations (%), 2016 71 Figure 38: Solar PV Market, France, Annual Installed Capacity Share by End User Segment (%),2016 71 Figure 39: Solar PV Market, France, Cumulative Installed Capacity Share by T&D Companies (%),2016 72 Figure 40: Solar PV Market, France, Power Generation (TWh), 2006-2025 73 Figure 41: Solar PV Market, France, Power Generation Share by Region (%), 2016 74 Figure 42: Solar PV Market, France, Average Load Factor (%), 2013-2016 75 Figure 43: Solar PV Market, France, Average System Price ($/kW) and Market Size ($bn), 2010-2025 80 Figure 44: Solar PV Market, US, Key Milestones 83 Figure 45: Solar PV Market, US, Installed Capacity (GW), 2006-2025 84 Figure 46: Solar PV Market, US, Annual Installed Capacity Share by Type of Installations (%), 2013-2016 85 Figure 47: Solar PV Market, US, Installed Capacity by State, 2016 86 Figure 48: Solar PV Market, US, Annual Installed Capacity Share by End User Segment (%), 2006-2016 87 Figure 49: Solar PV Market, US, Power Generation (TWh), 2006-2025 88 Figure 50: Solar PV Market, US, Average System Prices($/kW) and Market Size ($bn), 2010-2025 94 Figure 51: Solar PV Market, US, Crystalline Module Manufacturers Market Share (%), 2016 96 Figure 52: Solar PV Market, Canada, Key Milestones 99 Figure 53: Solar PV Market, Canada, Installed Capacity (GW), 2006-2025 100 Figure 54: Solar PV Market, Canada, Cumulative Installed Capacity by State (MW), 2016 101 Figure 55: Solar PV Market, Canada, Cumulative Installed Capacity Share by End User Segment (%), 2016 102 Figure 56: Solar PV Market, Canada, Cumulative Installed Capacity Share by Grid Connectivity (%), 2012-2016 103 Figure 57: Solar PV Market, Canada, Power Generation (TWh), 2006-2025- 104 Figure 58: Solar PV Market, Canada, Average System Price ($/kW) and Market Size ($m), 2010-2025 107 Figure 59: Solar PV Market, Canada, Crystalline Module Manufacturers Market Share (%), 2016 108 Figure 60: Solar PV Market, Brazil, Key Milestones 110 Figure 61: Solar PV Market, Brazil, Installed Capacity (MW), 2010-2025 111 Figure 62: Solar PV Market, Brazil, Cumulative Installed Capacity by State (MW), October 2017- 112 Figure 63: Solar PV Market, Brazil, Cumulative Installed Capacity Share by End User Segment (%), 2016 113 Figure 64: Solar PV Market, Brazil, Power Generation (GWh), 2010-2025 114 Figure 65: Solar PV Market, Brazil, Average System Price ($/kW) and Market Size ($m), 2010-2025 117 Figure 66: Solar PV Market, China, Key Milestones 119 Figure 67: Solar PV Market, China, Installed Capacity (GW), 2006-2025 120 Figure 68: Solar PV Market, China, Annual Installed Capacity by Provinces (GW), 2016 121 Figure 69: Solar PV Market, China, Annual Installed Capacity Share by Type of Installations (%), 2016 122 Figure 70: Solar PV Market, China, Cumulative Installed Capacity Share by Grid Connectivity (%), 2006-2016 123 Figure 71: Solar PV Market, China, Annual Installed Capacity Share by End User Segment (%), 2010-2016 124 Figure 72: Solar PV Market, China, Power Generation (TWh), 2006-2025 125 Figure 73: Solar PV Market, China, Average System Price ($/kW) and Market Size ($bn), 2010-2025 130 Figure 74: Solar PV Market, Japan, Key Milestones 133 Figure 75: Solar PV Market, Japan, Installed Capacity (GW), 2006-2025 134 Figure 76: Solar PV Market, Japan, Installed Capacity (MW) and Share (%) by Utility, 2016 135 Figure 77: Solar PV Market, Japan, Annual Installed Capacity Share by End User Segment (%), 2011-2016 136 Figure 78: Solar PV Market, Japan, Annual Installed Capacity Share by Type of Installations (%), 2013-2016 137 Figure 79: Solar PV Market, Japan, Cumulative Installed Capacity Share(%) by Grid Connectivity, 2006-2016 138 Figure 80: Solar PV Market, Japan, Power Generation (TWh), 2006-2025 139 Figure 81: Solar PV Market, Japan, Average System Price ($/kW) and Market Size ($bn), 2010-2025 142 Figure 82: Solar PV Market, India, Key Milestones 145 Figure 83: Solar PV Market, India, Installed Capacity (GW), 2010-2025 146 Figure 84: Solar PV Market, India, Cumulative Installed Capacity by State (%), July 2017* 147 Figure 85: Solar PV Market, India, Installed Capacity (MW) by State, January 2017 148 Figure 86: Solar PV Market, India, Annual Installed Capacity Share by End User Segment for Rooftop PV (%), 2016 149 Figure 87: Solar PV Market, India, Cumulative Installed Capacity Share by Grid Connectivity (%), 2013-2016 150 Figure 88: Solar PV Market, India, Power Generation (GWh), 2009-2025 151 Figure 89: Solar PV Market, India, , Average Capital Cost ($/kW) and Market Size ($m), 2010-2025 156 Figure 90: Solar PV Market, India, Crystalline Module Manufacturers Market Share (%), 2016 157 Figure 91: Solar PV Market, Republic of Korea, Key Milestones 159 Figure 92: Solar PV Market, Republic of Korea, Installed Capacity (MW), 2006-2025 160 Figure 93: Solar PV Market, Republic of Korea, Cumulative Installed Capacity by Prefecture/City (MW), 2015 161 Figure 94: Solar PV Market, Republic of Korea, Annual Installed Capacity by End User Segment (MW), 2010-2016 162 Figure 95: Solar PV Market, Republic of Korea, Annual Installed Capacity by Type of Government Programs (MW), 2016 163 Figure 96: Solar PV Market, Republic of Korea, Annual Installed Capacity Share by Type of Installations (%), 2015-2016 164 Figure 97: Solar PV Market, Republic of Korea, Cumulative Installed Share by Grid Connectivity (%), 2015-2016 165 Figure 98: Solar PV Market, Republic of Korea, Power Generation (GWh), 2006-2025 166 Figure 99: Solar PV Market, Republic of Korea, Average System Price ($/kW) and Market Size ($m), 2010-2025 170 Figure 100: Solar PV Market, Republic of Korea, Crystalline Module Manufacturers Market Share (%), 2015 171 Figure 101: Solar PV Market, South Africa, Key Milestones 173 Figure 102: Solar PV Market, South Africa, Installed Capacity (MW), 2011-2025 174 Figure 103: Solar PV Market, South Africa, Annual Installed Capacity Share by Type of Installation (%), 2016 174 Figure 104: Solar PV Market, South Africa, Annual Installed Capacity Share by End User Segment (%), 2016 175 Figure 105: Solar PV Market, South Africa, Power Generation (GWh), 2011-2025 176 Figure 106: Solar PV Market, South Africa, Capacity Awarded by Provinces (MW) in BW1-BW4 178 Figure 107: Solar PV Market, South Africa, Average System Price ($/kW) and Market Size ($m), 2011-2025 181 Figure 108: Solar PV Market, South Africa, Crystalline Module Manufacturers Market Share (%), 2016 182

JinkoSolar Holdings Trina Solar Ltd. Canadian Solar Inc JA Solar Holdings Co. Ltd. Hanwha Q Cells GmbH Yingli Green Energy Holding Company Limited Changzhou EGing Photovoltaic Technology Co. Ltd Talesun Solar Germany GmbH China Sunergy Co. Ltd. Jetion Solar (China) Co Ltd REC Solar Inc SolarWorld AG SunPower Corporation GCL System Integration Technology Co Ltd LONGi Solar Kyocera Corporation Sharp Corporation Risen Energy Co Ltd Hyundai Heavy Industries Co Ltd S-Energy Co ltd NTPC