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1、G lob a l Ma rke t OutlookS up p orte d b y:www.sola rp owe re urop e.orgF OCU S ON CHI NAF or S ola r P owe r 2024-20283F o r e wo r d Wel come to the Gl obal Mar k et Outl ook for Sol ar Power 2024-2028.F or a n e sta b lishe d se c tor like sola r,a p p roa c hing d oub le growth in one ye a r wa

2、 s simp ly not p a rt of a ny a na lysts sc rip t.But it ha p p e ne d in 2023.T he world d e p loye d 447 G W of ne w sola r P V c a p a c ity la st ye a r;a n inc re d ib le 87%more tha n 2022 a nd a c hie ving a growth ra te we ha ve nt se e n sinc e 2010,whe n the glob a l sola r ma rke t wa s o

3、nly 4%of tod a ys size.I n la st ye a rs G lob a l Ma rke t O utlook,we a c tua lly d id a ntic ip a te growth for se ve ra l re a sons,b ut not a s high a s wha t wa s a c hie ve d.At tha t time,a ve ry strong growth in glob a l ma nufa c turing c a p a c itie s wa s a lre a d y visib le,ma king p

4、rod uc ts a va ila b le a ga in a fte r the p re ssure s of the p a nd e mic a nd e ne rgy c risis.T his,of c ourse,a lso b rought ove rc a p a c ity e ffe c tive ly d oub ling sup p ly a ga inst d e ma nd.R e sulting p ric e d rop s trigge re d b y he fty c omp e tition from a ll the se ne w c a p

5、a c itie s wa s e xp e c te d a s we ll(though not a t the se ve rity the ind ustry e ve ntua lly e xp e rie nc e d).I n fa c t,our growth fore c a st for a ll glob a l ma rke ts c omb ine d,othe r tha n China,wa s ne a rly sp ot on we d e via te d only b y 3%a b solute.T he a c c ura c y a nd va lu

6、e of the a nnua l G lob a l Ma rke t O utlook for S ola r P owe r would not b e p ossib le without the ind ustry sta ke hold e rs a nd a ll na tiona l a nd re giona l sola r ind ustry a ssoc ia tions tha t p rovid e the ir inp ut a nd e xp e rtise e a c h ye a r.We would like to e xte nd our gra tit