China Installed 45.7 GW New Solar PV Capacity In Q1/2024
Country Short Of 80 GW To Achieve 1.2 TW Cumulative Solar PV & Wind Energy Target 6 Years Early
Monday, 22 Apr 2024
China’s National Energy Administration (NEA) says the country’s new solar PV installed capacity during the initial 3 months of 2024 rose by around 36% annually.
Sweden Installed Over 1.6 GW New Solar In 2023
Official Statistics From Energimyndigheten Show Cumulative Solar PV Installations Reached 4 GW
Thursday, 18 Apr 2024
Swedish Energy Agency Energimyndigheten counts the solar PV installed capacity of Sweden to have increased by over 100% annually in 2023, taking the cumulative at the end of December last year close to 4 GW. The agency says solar facilities now pro.
World Added Up To 446 GW DC New PV Capacity In 2023
PV Technology Maintained Competitiveness Despite Module Oversupply; Global Module Stock Now At 150 GW
Wednesday, 17 Apr 2024
Solar PV module prices plummeted to record lows in 2023 due to a global oversupply situation, and electricity prices decreased after historical peaks in 2022, yet the technology managed to maintain its competitiveness.
Poland’s Cumulative Installed Solar PV Capacity Exceeds 17 GW
IEO Counts Around 5 GW New Solar PV Capacity Additions In 2023, Representing 41% Annual Growth
Thursday, 04 Apr 2024
At the end of 2023, Poland’s total installed solar PV capacity exceeded 17 GW, according to the Polish research institute Instytut Energetyki Odnawialnej (IEO).
IRENA Releases Renewable Capacity Statistics 2024
Renewables Account For 86 Percent Of Global Power Sector Additions In 2023; Solar PV Grew By 345.5 GW
Tuesday, 02 Apr 2024
Global renewable energy capacity additions in 2023 grew by 473 GW, accounting for 86% of the total power capacity additions, according to the International Renewable Energy Agency (IRENA).
Solar PV Hogs Chinese Power Generation Additions In 2M/2024
China Starts 2024 With Over 80 Percent Annual Growth, Deploying 36.72 GW New Solar Capacity
Wednesday, 27 Mar 2024
The world’s largest solar PV market, China continues to grow at an exceptional rate, and has reported over an 80% annual increase in installations during 2M/2024.
Netherlands Installed 4.82 GW New Solar Capacity In 2023
Aggregate Dutch Solar Installations Exceed 24 GW With Residential Segment Driving Growth
Tuesday, 26 Mar 2024
The cumulative installed solar PV capacity of the Netherlands exceeded 24 GW at the end of December 2023, according to the Dutch New Energy Research’s (DNE) new report.
Germany Added Over 1 GW New Solar In February 2024
Bundesnetzagentur Counts Cumulative Solar Capacity Close To 85 GW With Over 2 GW Added During 2M/2024
Friday, 22 Mar 2024
The German solar PV sector continued its GW-scale run in the month of February 2024, but dropped by almost 25% sequentially, according to the latest data released by the country’s Federal Network Agency or Bundesnetzagentur.
US Utility-Scale Clean Energy Capacity Grew By 33.8 GW In 2023
With 262 GW Cumulative Wind, Solar & Storage Capacity, US Holds 171 GW Clean Power Pipeline
Wednesday, 13 Mar 2024
Falling costs for solar modules with market oversupply and easing supply chains for this technology led new utility-scale clean power installations in the US in 2023 as the market grew by 30% annually.
BNEF Counts 444 GW DC New Solar PV Capacity Additions In 2023
29 percent Annual Growth For Global PV Deployments In 2024, But Manufacturers Struggling To Make Profit
Wednesday, 06 Mar 2024
Global solar installations in 2023 reached a record 444 GW DC, surpassing Bloomberg New Energy Finance’s (BNEF) guidance of up to 415 GW DC for the year and recording 76% annual growth. In 2024, it forecasts new module build to reach 574 GW DC wi.
2023 US Solar Installations Set Record With 32.4 GW
Solar Accounts For Over 50 Percent Of All New Grid-Connected Electric Generating Capacity, 1st Time In 8 Decades
Wednesday, 06 Mar 2024
The world’s 2nd largest solar market, the US, grew by 51% annually in 2023 with the installations growing to account for over 50% of annual power generation capacity additions, a 1st for the country over the last 80 years.
France’s Cumulative Installed PV Capacity Exceeds 20 GW
French Annual Solar Installations Grew By Over 18 Percent In 2023 With 3.2 GW New Capacity
Monday, 04 Mar 2024
French solar PV installations at the end of 2023 totaled 20,004 MW, according to the country’s Données et Etudes Statistiques or Data and Statistical Studies Department (SDES).
Industry Expects Chinese Solar Installation Spree To Slow Down
CPIA Forecasts Up To 220 GW AC New PV Additions In 2024; Says Expect Survival Of The Fittest
Thursday, 29 Feb 2024
The China Photovoltaic Industry Association (CPIA) forecasts the Chinese solar PV installation spree to slow down in 2024 to between 190 GW AC to 220 GW AC, after the country reported a strong annual increase of over 147% in 2023. This will contrib.
Indian Solar Installations Declined By Over 44 Percent In 2023
Mercom Reports Connectivity Issues & Grid Compliance For Drop In New Deployments To 7.5 GW
Friday, 23 Feb 2024
The drop in solar module prices did boost orders from Indian solar developers during H2/2023; however, actual deployments could not keep pace with it, says Mercom India Research. It says the country’s total solar capacity addition in calendar yea.
Solar Booming In Turkey Thanks To Hybrid Power Plants
Ember Says Country’s Cumulative Solar Capacity Exceeds Wind With Over 12 GW Installed Till Early 2024
Friday, 23 Feb 2024
Climate and energy think tank Ember pegs the total operational solar PV capacity of Turkey at over 12 GW, surpassing wind energy, with the addition of 510 MW of secondary PV capacity through hybrid power plants till early 2024. This is over and abo.
Germany Kickstarts 2024 With GW-Scale PV Installations
Bundesnetzagentur Offers Upward Revision Of 2023 Solar Additions With 14.6 GW Combined Capacity
Thursday, 22 Feb 2024
Germany has continued its 2023 streak to install GW-level solar PV installations on a monthly basis in 2024, starting the year with 1,248 MW additions in January.
Brazil’s Cumulative Solar PV Capacity Reaches 39 GW
Led By Distributed Generation, Brazil Imported 17.5 GW Modules In 2023, With Over 5 GW In Q4
Wednesday, 21 Feb 2024
Brazilian solar energy association ABSOLAR says Brazil has achieved an aggregate solar PV capacity of 39 GW as on February 20, 2024, with the addition of 1 GW in less than 20 days.
Canada Installed Over 400 MW New Solar PV Capacity In 2023
CanREA Demands Accelerated Pace Of Installations To Meet Net-Zero Targets, Despite 11.2 Percent Annual Growth
Sunday, 11 Feb 2024
Canada had a ‘relatively good year’ of wind, solar and energy storage growth in 2023, including 446 MW of solar, but the need is to increase the pace of installations to meet net zero targets, says the Canadian Renewable Energy Association (CanRE.
BMI: Expect Subdued Global Solar PV Growth Till 2032
Macroeconomic Changes To Slow Down Installations; Chinese Module Oversupply To Risk Global Supply Chain Diversification
Sunday, 11 Feb 2024
Easing of energy prices, emerging grid infrastructure limitations and waning of various government incentives is likely to slow down the installation of solar PV capacity post- 2024, according to BMI’s latest outlook for global solar PV growth.
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