More than 31 markets will have more than 1GW of new PV installations globally by 2023

07-09-2023

More than 31 markets will have more than 1GW of new PV installations globally by 2023


  In the global market in 2023, there will be more than 31 markets with more than 1GW of new PV installed capacity, five more than in 2022. The vast majority of PV markets will maintain a strong growth trend until 2030. Rooftop PV growth is particularly strong.


  European electricity prices get a crazy increase in 2022 due to gas shortages. Despite an EU policy to limit tariffs, PV and wind developers continue to reap huge benefits from high tariffs.

Solar Mounting

  According to the data, there are now 2TW of PV and wind projects in the US waiting for grid approval; more than 596GW of projects in the US, Spain, Italy and France are waiting for grid permits; and the situation in Germany is slightly better, with labor shortages limiting the construction of projects, especially in the rooftop PV sector.(News from guangfu.bjx.com)



Have a question, need help designing a system or just want to know more about MG Solar? Feel free to contact us by email or toll-free call.

Privacy policy