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2024/1/3 8:41:54

WoodMac: Global photovoltaic installed capacity growth will slow down in 2024

The head of Wood Mackenzie's global solar sector said that if the 2023 forecast is realized, the average annual growth rate of photovoltaic installations from 2019 to 2023 will be 28%, with an increase of 56% in 2023 compared with 2022. The current average speed is expected to remain from 2024 to 2028. The growth trend of the global solar photovoltaic market is a typical S-shaped curve. Starting from 2024, the industry will pass an inflection point and growth will show a relatively slow situation.

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