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220GW of global photovoltaic installed capacity in 2022

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Published by Mars March 14,2022

    In 2021, the new installed capacity of photovoltaics Solar Power Kits For Home in the world will reach 170GW, and more than 140 countries and regions have already proposed carbon neutrality goals.

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    Affected by the overseas epidemic in 2021, under the condition of high prices in the photovoltaic industry chain, the installed capacity demand has not been fully released. With the fall in prices, it is expected that PV installed capacity will increase by about 30% year-on-year in 2022, reaching 200-220GW.

    Among them, the top five countries in terms of installed capacity demand are China, the United States, India, Brazil, and Australia, accounting for about 60% of global demand.

    In 2022, the global installed capacity will be differentiated in many places. The GW-level market will reach 28, of which 7 GW-level markets will be added, and the 28 GW-level installed capacity will account for 92.3% of the global installed capacity.

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    In terms of sub-regions, the demand in the Asia-Pacific region is growing steadily, and China, India, Vietnam, and Australia are the main incremental markets.

    The European market demand is still strong, and the 10 GW-level market will account for 80.6% of the overall European demand; due to the active promotion of incentive policies and bidding, the Italian, Portuguese, Greek and British markets will become the fastest growing European markets in 22 years. .

    The photovoltaic market in the Americas is highly concentrated, with the United States, Brazil and Chile occupying the top three market positions, and markets such as Colombia and Canada are expected to explode.

    The market in the Middle East and Africa has huge room for growth. The installed capacity is mainly ground-based power plants and industrial and commercial. It is expected that the total newly installed capacity will exceed 10GW in 2022.

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