This report details the current status and growth of the photovoltaic industry, a key sector in solar power generation. The Photovoltaic Status Report compiles international data on the generation of electricity using semiconductor devices, known as solar cells, which form modules and panels. Information is gathered from public and commercial studies, personal communications, and fact-finding missions involving company visits and meetings with funding organizations and policymakers. The report highlights the robust growth in the solar photovoltaic sector, noting a compound annual growth rate exceeding 50% over the past decade, positioning photovoltaics as one of the fastest-growing industries.

The PV Status Report aims to provide comprehensive and relevant information on the dynamic photovoltaic sector. Its unique format combines up-to-date international data, collected through rigorous cross-checking of studies and communications, with direct insights from industry engagement. The report's focus on robust growth, evidenced by a CAGR over 50% in the last decade, positions it as a key resource for understanding this rapidly expanding industry. It serves both the general public and critical decision-makers in policy and industry.