In 2023, the global photovoltaic installed capacity will exceed 340GW, with a growth rate of more th

On February 15, the China Photovoltaic Industry Association held a seminar on the development review of the photovoltaic industry in 2022 and the prospect of the situation in 2023 in Beijing. He said that in 2023, the growth of new energy in China will remain stable, thanks to the implementation of preliminary work on the base project (Desert Gobi Desert Project), so as to ensure the growth of photovoltaic power generation projects.

National energy markets:

China's new installed capacity will reach 87GW in 2022, with a growth rate of nearly 55%; it is expected to exceed 120GW in 2023;

In 2022, the EU's new installed capacity will reach about 41.4GW, with a growth rate of nearly 47%. In 2023, more photovoltaic production capacity will be invested. According to the REpowerEU target, photovoltaic installed capacity will reach 600GW by 2030, and the annual installed capacity will be about 45GW (42GW -50GW);

The U.S. government approved the "Cut Inflation Act" in 2022, planning to spend $369 billion on energy and climate, including providing tax credits (ITC) for clean power and energy storage industries, and providing subsidies and loans to states and public facilities project. The Cutting Inflation Act will boost clean energy capacity growth, with annual installations of wind farms, photovoltaic systems and battery storage more than tripling by 2030. In 2021, the United States will achieve 26.9GW of photovoltaic installed capacity, a year-on-year increase of 40%. In 2022, due to the impact of the US government’s trade restrictions on China, the industry’s supply chain will be broken, and the United States will add 18.6GW of photovoltaic installed capacity. In 2023, it is expected to return to 2021 year level;

Due to the decline of photovoltaic FIT in Japan from 2022 to 2023, the new scale is expected to decrease. The new feed-in tariff (FIP) launched in April 2022 may increase the growth of photovoltaic and onshore wind power capacity, but short-term forecasts still exist Uncertainty.

In 2023, the global photovoltaic installed capacity will exceed 340GW, with a growth rate of more than 35%.