The world’s top 10 solar inverter providers accounted for 86% market share in 2022, a year where the market saw a 48% increase in size year-on-year (YoY).
Trina Solar has produced the first of its 210mm n-type i-TOPCon cells at its production facility in Qinghai province, China, as the scale of n-type solar production continues to ramp up across the industry.
Chinese module manufacturer GCL System Integration (GCL SI) has commissioned the first phase of its 20GW tunnel oxide passivated contact (TOPCon) cell plant in Wuhu, China.
There are currently over 40GW of Chinese-made solar modules in storage across Europe with a cumulative value of around €7 billion (US$7.8 billion), according to data from research firm Rystad Energy.
2022 saw the solar PV market enter a ‘new growth dimension’, where 239GW of solar capacity was added across the world representing two thirds of all new renewables capacity.