- 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?
- Which segments and regions will lead the market by solar revenue in the next decade?
- What is the breakdown of annual versus cumulative installed solar capacity by country?
4Q 2022
Global Solar Energy Database 4Q22
In the last year, the global solar industry has had significant tailwinds in the form of regulatory support and energy crisis. The industry and policymakers are responding to recent challenges with renewed commitments to the global energy transition; falling costs for solar power installations and its associated storage technology, as well as adjustments to market design models, are taking hold. Compounded, these key developments present a strong outlook for the global solar industry over time.
During the 10-year forecast period in the Global Solar Energy Database 4Q22 (2022-2031), the global solar power market is expected to install approximately 2,963 GW, led by China, which leads overall in annual installed capacity figures. Around 230 GW of overall global solar power capacity is expected to be installed in 2023, an increase from the previous forecast indicative of favourable market conditions. Also in 2023, North America is expected to install around 42.7 GW of capacity, with Europe following at 37.6 GW.
Building on the Guidehouse Insight solar market model, this Global Solar Energy Database provides the latest key market data for 32 countries in all global regions during the forecast period of 2022-2031. The report delivers total solar capacity addition figures (MW) by application and customer segment, as well as related CAPEX information. Segmentation includes onshore and offshore and distributed solar.
Pages
14
Tables | Charts | Figures
16
Key Questions Addressed
Who Needs This Report
- 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
Table Of Contents
How to Use This File: Global Solar Energy Database 4Q22
Global Solar Energy Database 4Q22
Total Annual Solar Capacity Additions by Application, World Markets: 2022-2031
Total Annual Solar Capacity Additions by Segment, World Markets: 2022-2031
Total Annual Solar Revenue by Segment, World Markets: 4Q22
Total Annual Solar Revenue by Region, World Markets: 4Q22
Total Annual Solar Capacity Additions by Region, World Markets: 2022-2031
Top 5 Countries by Total Annual Solar Capacity Additions, World Markets: 2022-2031
Annual New Installed Solar Capacity by Country, World Markets: 2022-2031
Cumulative Installed Solar Capacity by Country, World Markets: 2022-2031
Total Annual Solar Revenue by Country, World Markets: 2022-2031
Global Solar Energy Database 4Q22
List of Charts and Figures
- Total Annual Solar Capacity Additions by Application
- Total Annual Solar Capacity Additions by Segment
- Total Solar Revenue by Segment, World Markets
- Total Solar Revenue by Region, World Markets
- Total Annual Solar Capacity Additions by Region, World Markets: 2022-2031
- Top 5 Countries by Total Annual Solar Capacity Additions, World Markets: 2022-2031
List of Tables
- Total Annual Solar Capacity Additions by Application, World Markets: 2022-2031
- Total Annual Solar Capacity Additions by Segment, World Markets: 2022-2031
- Total Annual Solar Revenue by Segment, World Markets: 4Q22
- Total Annual Solar Revenue by Region, World Markets: 4Q22
- Total Annual Solar Capacity Additions by Region, World Markets: 2022-2031
- Top 5 Countries by Total Annual Solar Capacity Additions, World Markets: 2022-2031
- Annual New Installed Solar Capacity by Country, World Markets: 2022-2031
- Cumulative Installed Solar Capacity by Country, World Markets: 2022-2031
- Total Annual Solar Revenue by Country, World Markets: 2022-2031
- Global Solar Energy Database 4Q22
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