4Q 2021

Global Solar Energy Database 4Q21

Despite major supply chain disruption and variable economic conditions brought on by the COVID-19 pandemic, 2021 was another strong year for solar PV deployment. The global market for solar PV continues to grow and is estimated to add 165 GW of capacity in 2021. Many COVID-19 recovery plans have placed an emphasis on decarbonizing the economy and investing in renewable energy. While policy varies widely by region, an emphasis on decarbonization in many countries is likely to encourage solar deployment in the coming years.

China continues to lead the way in solar PV deployment and had another strong year of installations in 2021. Thanks to this strong growth in China, Guidehouse Insights estimates that about 60% of all added capacity in 2021 will come from Asia Pacific.

This Guidehouse Insights report presents a forecast of annual capacity additions, cumulative capacity, and revenue for the global solar PV market through 2030. It focuses on tracking and compiling key market data for global regions and 27 countries, including historical annual and cumulative installed megawatts and 10-year forecasts. It covers both the distributed solar PV and utility-scale solar PV markets. Segmentation includes residential, commercial, industrial, and utility-scale applications.

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Tables | Charts | Figures 16
  • Which countries are expected to represent the largest markets for solar energy capacity additions in the coming decade?
  • How much solar capacity is anticipated to be installed over the next decade in key regions tracked?
  • What mix of residential, utility-scale, commercial, and industrial solar is expected in different countries and regions worldwide?
  • Electricity generation utilities
  • Independent power producers
  • Solar power plant operations and maintenance companies
  • Materials manufacturers for solar energy components
  • Government agencies, policymakers, and researchers
  • Investor community

How to Use This File: Global Solar Energy Database 4Q21

Global Solar Energy Database 4Q21

Total Annual Solar Capacity Additions by Application, World Markets: 2021-2030

Total Annual Solar Capacity Additions by Segment, World Markets: 2021-2030

Total Annual Solar Revenue by Segment, World Markets: 4Q21

Total Annual Solar Revenue by Region, World Markets: 4Q21

Total Annual Solar Capacity Additions by Region, World Markets: 2021-2030

Top 5 Countries by Total Annual Solar Capacity Additions, World Markets: 2021-2030

Annual New Installed Solar Capacity by Country, World Markets: 2021-2030

Cumulative Installed Solar Capacity by Country, World Markets: 2021-2030

Total Annual Solar Revenue by Country, World Markets: 2021-2030




  • Total Annual Solar Capacity Additions by Application, World Markets: 2021-2030
  • Total Annual Solar Capacity Additions by Segment, World Markets: 2021-2030
  • Total Annual Solar Revenue by Segment, World Markets: 4Q21
  • Total Annual Solar Revenue by Region, World Markets: 4Q21
  • Total Annual Solar Capacity Additions by Region, World Markets: 2021-2030
  • Top 5 Countries by Total Annual Solar Capacity Additions, World Markets: 2021-2030
  • Total Annual Solar Capacity Additions by Application, World Markets: 2021-2030
  • Total Annual Solar Capacity Additions by Segment, World Markets: 2021-2030
  • Total Annual Solar Revenue by Segment, World Markets: 4Q21
  • Total Annual Solar Revenue by Region, World Markets: 4Q21
  • Total Annual Solar Capacity Additions by Region, World Markets: 2021-2030
  • Top 5 Countries by Total Annual Solar Capacity Additions, World Markets: 2021-2030
  • Annual New Installed Solar Capacity by Country, World Markets: 2021-2030
  • Cumulative Installed Solar Capacity by Country, World Markets: 2021-2030
  • Total Annual Solar Revenue by Country, World Markets: 2021-2030
  • Global Solar Energy Database 4Q21