EPIA: Photovoltaic power poised to become mainstream source of energy in all Sunbelt countries by 2030

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Brussels, 28 October 2010 - Countries of the Sunbelt (located within +/- 35° latitude around the equator) represent today about 75% of the world’s population and 40% of the global electricity demand. Furthermore, about 80% of the forecasted growth of the world electricity demand in the coming 20 years will originate from fast developing economies in that region. Characterized by an intense solar irradiation and often, high electricity prices, countries of the Sunbelt, where PV has a unique competitive potential, constitute an immense opportunity for PV to become mainstream by 2020 and to become a major electricity source by 2030.