iea pvps

Gaëtan Masson of IEA PVPS warns of overcapacity, collapsing prices and slipping module quality in the new Trends in PV Applications report.

Floating solar remains constrained by a range of technical and regulatory uncertainties, according to an IEA PVPS report.

The world reached 2.2TW of cumulative installed solar capacity in 2024, with China alone accounting for 1TW of total operating capacity.

2023 was a 'record year' for solar installations, dominated by China which is 'well above the sum of all other markets globally', the IEA said.

Distributed solar PV, and hybrid PV, systems can play a key role in providing grid balancing mechanisms, according to the IEA.

Floating PV's carbon footprint could be around seven times lower than ground-mounted solar systems, according to a TNO-IEA report.

Latest review comes to underscore once more the industry’s solid year prior to the chaos brought about by COVID-19, with Spain, Vietnam and Ukraine joining usual names on top-ten.