US Exited Q3/2023 With 6.5 GW DC New Solar Capacity
SEIA & Wood Mackenzie Forecast 33 GW Record PV Additions In 2023, But See Growth Slowing Down From 2026
Federal clean policies are expected to spur the US to expand its solar PV installation capacity by 55% in 2023 with a record high of nearly 33 GW DC, according to the Solar Energy Industries Association (SEIA) and Wood Mackenzie.
Germany Installed 1.23 GW New Solar PV In Oct 2023
Bundesnetzagentur Adjusts Installation Numbers For Previous Months, Taking 10M/2023 Cumulative To Exceed 11 GW
Germany’s Federal Network Agency or Bundesnetzagentur has reported 1,231 MW of new solar PV capacity additions in the month of October 2023.
France Expands Cumulative Solar PV Capacity To 19 GW
French Solar Installations Grew By 16% YoY In 9M/2023 While Projects In Queue Improved By 27 percent
France has reported around 16% YoY increase in new solar PV capacity additions during 9M/2023, according to the country’s Données et Etudes Statistiques or Data and Statistical Studies Department (SDES).
China To Install Well Over 200 GW Solar In 2023
Citing Low Module Prices, BNEF Revises Global Solar PV Forecast Up To 415 GW With 240 GW In China
Bloomberg New Energy Finance (BNEF) has revised its global solar PV installation forecast for 2023 to between 410 GW and 415 GW, with China contributing as much as 240 GW.
EUPD Pegs 2023 EU Solar PV Installations At 60 GW
Analysts Believe Solar Module Oversupply A Real Problem, But Want Things Put In Perspective
While numbers differ on the huge volumes of Chinese solar modules resting in European Union (EU) warehouses and some analysts believe the pile to swell to around 100 GW by 2023-end, EUPD Research in a brief report has shown that actual installations .
India Installed 5.6 GW New Solar In CY 9M/2023
Mercom Blames Project Extensions, Delays & Declining Module Prices Among Reasons For Slower Annual Growth
Extensions granted to several large-scale solar and hybrid projects and those facing delays owing to land and transmission issues negatively impacted newer solar PV installations in India during 9M/2023. Mercom India Research says Indian solar insta.
Italy Deployed Nearly 3.5 GW New PV During 9M/2023
GSE Reports 14% Annual Increase In Cumulative Solar Capacity Of 28.6 GW With Over 1.5 Million Systems Installed
The cumulative installed solar PV capacity of Italy at the end of September 2023 increased around 14% from 2022-end to over 28 GW, according to the state-owned energy system operator Gestore dei Servizi Energetici (GSE). Specifically, the 28.6 GW.
Brazil’s Operational Solar PV Capacity Exceeds 35 GW
ABSOLAR: Distributed Generation Capacity Grows To Over 24 GW With Solar Sector Employing 1 Million+
Brazil’s total operational solar PV capacity has exceeded 35 GW with the distributed generation (DG) segment accounting for 70% of the lot, said local solar energy association ABSOLAR in a statement on November 13, 2023.
US Added Over 5.55 GW Utility Clean Energy In Q3/2023
ACP Says Over 3 GW New Solar Capacity Deployed Even As 23 GW Clean Energy Projects Delayed Since 2023-Beginning
The US had 5,551 MW of new utility-scale clean energy capacity commissioned in Q3/2023, with solar PV adding 3,121 MW, according to the American Clean Power Association (ACP).
Solar Set To Grow In Europe As Wind Energy Goes Down
Rystad Energy Forecasts Region To Add 58+ GW DC New Solar PV Capacity In 2023, Led By Rooftop Segment
The year 2023 will be a record year for European solar installations as Rystad Energy expects the region to lock in more than 58 GW DC of new capacity, with rooftop solar accounting for a 70% share.
Global Aggregate For PV Exceeded 1.18 TW At 2022-End
IEA PVPS: As Global Solar Capacity Grows, Market Concentration Fuels Fears Of Market Stability
Despite challenges related to COVID, high module prices, trade disputes and grid congestion in several geographies, the world added a minimum of 236 GW of new solar PV capacity in 2022, its highest annual ever.
Germany Installed 919 MW Solar In Sept. 2023
PV Installations Dropped Below GW Level For 1st Time In 6 Months, But Over 10 GW Added In 9M/2023
With 919 MW, Germany saw its monthly solar PV installations in September 2023 decline by over 21% even as its annual total during initial 9 months added up to over 10 GW.
US Forecast To Install 35 GW DC New Solar in 2023
EUPD Research Expects IRA To Enable 233 GW DC Solar & 69 GW Storage Capacity Additions Till 2028
The EUPD Research of Germany forecasts the US to install 233 GW DC of new solar PV capacity between 2023 and 2028, thanks mainly to the enactment of the Inflation Reduction Act (IRA).
Germany Reaches 2023 Annual Installation Target Already in August
Country’s 8M/2023 Solar PV Installations Slightly Dropped Month On Month But Still Over 1 GW
Latest renewable energy installations data from Bundesnetzagentur shows Germany’s monthly installations for solar PV dropped compared to previous months to 1.056 GW However, adjusted registrations from the beginning of the year now takes the country’s 8M/2023 installations to 8.99 GW.
China To Install Over 150 GW New Solar In 2023
Rystad Energy Forecasts China’s Cumulative Solar Capacity To Exceed 1 TW Milestone By 2026
China, the world’s largest solar PV market, is likely to exit 2023 with over 150 GW new capacity installed, adding another 165 GW in 2024 and 170 GW in 2025 to take the cumulative capacity to 900 GW by 2025-end, eventually exceeding 1 TW mark in 20.
France Installs Close To 1.4 GW Solar In H1/2023
France Inching Closer To 1st PPE Milestone Of 20.1 GW For Cumulative Solar By 2023-End
France exited H1/2023 with the addition of 1.378 GW of new solar PV capacity, including 774 MW in Q2, according to the Données et Etudes Statistiques or Data and Statistical Studies Department (SDES).
US Installed 5.6 GW DC New Solar In Q2/2023
US Exits H1/2023 With Nearly 12 GW DC; SEIA & Wood Mackenzie Forecast Around 20 GW DC In Q3 & Q4
As supply chain challenges abate and policies under Inflation Reduction Act (IRA) start to take hold, the Solar Energy Industries Association (SEIA) and Wood Mackenzie expect a record solar year for the US, forecasting the country to exit 2023 with 5.
BloombergNEF’s 2023 Solar Installation Forecast
Analysts Expect Almost 400 GW New Build PV Capacity As Module Prices Hit Record Lows
Falling prices of solar modules and rapid build of PV projects in China and elsewhere are expected to drive solar installations in 2023 to a ‘record high’ volume of nearly 400 GW, according to Bloomberg New Energy Finance (BloombergNEF). An.
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