Fraunhofer Institute for Solar Energy Systems ISEPhotovoltaics Report
Dr. Simon Philipps, Fraunhofer ISE and Werner Warmuth, PSE Projects GmbH | Last updated: May 29, 2025
Photovoltaics is a fast growing market: The Compound Annual Growth Rate (CAGR) of PV installations was about 27% between 2014 to 2024. The intention of the »Photovoltaics Report« is to provide up-to-date information on the PV market and on efficiencies of solar cells, modules and systems. Moreover, data on inverters, energy payback time and price developments are presented.