Which countries have the most solar PV installed capacity in 2022?

In 2022, the most significant expansion in the solar PV market occurred in China, the US, and India, with increments of 86.1 GW, 17.8 GW, and 13.5 GW, respectively (IRENA, 2023). Fig. 2 shows the contribution of each continent in the world's solar PV installed capacity in 2018, followed by 2030 and 2050 based on IRENA’s REmap analysis.

How has solar PV capacity changed over the past decade?

During the past decade, the total installed solar PV capacity has increased by two orders of magnitude from about 110 MW in 2010 to 12 GW at the end of 2020. The main drivers for this growth were Algeria, Egypt, Morocco and South Africa, which now account for roughly 60% of the total capacity.

Which countries have the most PV installations in the world?

The majority share of global PV installations is held by Asia-Pacific and has once again increased in 2023, rising to over 60%, with a cumulative installed capacity of at least 947 GW. A closer look shows us that it is China, not Asia-Pacific as a whole, that has increased its share (see Figures 6A and 6B).

Is the solar photovoltaic industry ready for the future?

This huge challenge raisesthe question of whether PV technology and the industry are ready for it. In the past decade, the global production of the solar photovoltaic manufacturing industry has increased from 21 GW in 2010 to almost 150 GW in 2020 with a compound annual growth rate (CAGR) of more than 21%.

Which countries install the most solar power in the world?

In 2018, a cumulative capacity of more than 480 GWp of PV power was installed worldwide . Over one-third of the global capacity was installed in China, while the second third was made up of a combi-nation of Japan, the United States, and Germany. In total, the top 15 countries accounted for 90% of all PV capacity (Figure 3.13).

What is the average solar PV output per kilowatt hour?

In total, 93% of the global population lives in countries that have an average daily solar PV potential between 3.0 and 5.0 kWh/kWp. Around 70 countries boast excellent conditions for solar PV, where average daily output exceeds 4.5 kilowatt hours per installed kilowatt of capacity (kWh/kWp) – enough to boil around 25 liters of water.