The world installed 239 GW of new solar capacity in 2022, according to SolarPower Europe. The rooftop PV segment accounted for 49.5% of additions – the highest share in the past three years. The rooftop sectors in Brazil, Italy, and Spain grew by 193%, 127%, and 105%, respectively.

SolarPower Europe published the latest edition of its Global Market Outlook 2023-2027 during Intersolar Europe this week in Munich, Germany.

It says the world installed 239 GW of new solar capacity in 2022, equivalent to a 45% annual growth rate – the highest since 2016. It was another record year for solar, driven once again by China, with almost 100 GW added in a single year and a 72% growth rate. The United States held onto second place, despite a 6.9% drop in installations to 21.9 GW, followed by India with 17.4 GW, and Brazil with 10.9 GW. Spain is also becoming Europe’s largest PV market with 8.4 GW, according to SolarPower Europe. The figures differ slightly from other research firms. BloombergNEF, for example, said that global capacity additions hit 268 GW in 2022.

Overall, 26 countries added more than 1 GW of solar in 2022. These countries include China, the United States, India, Brazil, Spain, Germany, Japan, Poland, The Netherlands, Australia, South Korea, Italy, France, Taiwan, Chile, Denmark, Turkey, Greece, South Africa, Austria, the United Kingdom, Mexico, Hungary, Pakistan, Israel, and Switzerland.

The rooftop segment grew by 50% last year, with installations reaching 118 GW from 79 GW in 2021. Utility-scale solar grew by 41% to hit 121 GW, despite high module prices in 2021 and 2022.

“Large-scale systems remained the main contributor to the total capacity, but the shares of utility and rooftop solar have not been this close to each in three years; utility-scale contributed to 50.5% of total installations and rooftop contributed to 49.5%,” said SolarPower Europe.

Among the top 20 solar markets, Australia, South Korea, and Japan installed less rooftop solar compared to the previous year, with reductions of 2.3 GW, 1.1 GW, and 0.5 GW, respectively. However, all other top 20 markets posted growth in the rooftop segment.

To read the full article, please click – https://www.pv-magazine.com/2023/06/13/global-rooftop-pv-additions-soar-by-50-to-118-gw-in-2022/

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