installation figures

In June 2024, rooftop solar PV installations in Australia dropped to their lowest point since January, with 247MW installed.

Solar accounted for 53% of all new electricity-generating capacity in 2023, making up over half of new generating capacity for the first time.

Continuing a downward trend of capacity additions, India has added 1.7GW of solar capacity in the second quarter of 2023, according to consultancy Mercom India Research.

As solar PV continues its accelerated growth, 2023 is expected to be no exception with 270GW of capacity to be added, according to Wood Mackenzie.

Solar installations in India were up 35% year-on-year (YoY) in Q1-3 2022, but the average system cost went increased 7.5% for the same period, according to consultancy Mercom Capital Group.

Spain is on track to install more than 4GW of utility-scale solar in 2022, a 25% increase on last year’s figures, according to José Donoso, head of the country’s PV association, UNEF.

The European Union’s (EU) solar PV sector has navigated a year beset by supply chain disruptions and module prices hikes to post record levels of annual deployment, according to research from SolarPower Europe (SPE).

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.

Figures coming to light in recent days show industry reached all-time highs in Germany and Spain and became part of broader renewable milestones in at least the UK and Australia.

Incentive programme will see country become Southeast Asia's top solar installer by year-end but battling congestion will require more investment, says consultancy.