How has global solar PV manufacturing capacity changed over the last decade?

Global solar PV manufacturing capacity has increasingly moved from Europe, Japan and the United States to China over the last decade. China has invested over USD 50 billion in new PV supply capacity – ten times more than Europe − and created more than 300 000 manufacturing jobs across the solar PV value chain since 2011.

Is solar photovoltaics the future of energy production?

Solar photovoltaics is set to be the number one technology deployed across the globe for energy production, increasing the world’s installed capacity by 75% through 2027, adding 2,400 GW over the period, said the International Energy Agency (IEA).

Which countries produce solar PV?

Australia Spain Canada Portugal United States Switzerland Europe Thailand Finland France Belgium Japan Italy Poland World Indonesia Greece Mexico China South Africa Netherlands Chile Korea 0 60 20 40 0 4 8 12 Solar PV manufacturing capacity and production by country and region, 2021-2027 - Chart and data by the International Energy Agency.

Which companies produce the most solar modules in the world?

In the last years, global solar module production has increased considerably. In 2023, the world increased its module production by 37 gigawatts. Some of the largest solar module-producing companies include Longi Green Energy Technology, JinkoSolar, and Trina Solar.

How has China halved the emissions intensity of solar PV Manufacturing?

Continuous innovation led by China has halved the emissions intensity of solar PV manufacturing since 2011. This is the result of more efficient use of materials and energy – and greater low-carbon electricity production.

Which country produces the most solar modules in 2023?

In 2023, the world increased its module production by 37 gigawatts. Some of the largest solar module-producing companies include Longi Green Energy Technology, JinkoSolar, and Trina Solar. China is undeniably the world leader in the manufacturing of solar system components.