Dimming Solar

The FT today reports that new solar power installations in Europe fell from 22.4 GW in 2011 to 17 GW in 2012. This is quite a steep decline. Is it a signal of the end of Europe's leading role in PV? The FT suggests that the focus now could be on China, the US, India and Japan. Interesting that there are a couple of BRICS featuring in that analysis. Surely as the technology becomes more affordable it will be developing nations that really benefit.