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Daily Newsletter

16 September 2024

Daily Newsletter

16 September 2024

Solar PV Market Overview

Per GlobalData, the cumulative installed capacity of the solar PV market was 1,480.3 GW in 2023, and is expected to achieve a CAGR of >16% during 2023-2035. The escalating demand for solar PV installations in both utility and residential sectors contributes to the solar PV market growth significantly. The report further covers the geo-political scenario, major active and upcoming plants, market size, and market drivers and challenges for 12 key solar PV market countries.

Solar PV Market Overview

Per GlobalData, the cumulative installed capacity of the solar PV market was 1,480.3 GW in 2023, and is expected to achieve a CAGR of >16% during 2023-2035. The escalating demand for solar PV installations in both utility and residential sectors contributes to the solar PV market growth significantly. The report further covers the geo-political scenario, major active and upcoming plants, market size, and market drivers and challenges for 12 key solar PV market countries.

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