2018 global solar container development trends

What is the global solar PV supply chain worth?

In that last year, the global solar PV chain reached an industrial business value of some 104.7 billion U.S. dollars, with China dominating the market, and followed by the United States and Malaysia. Discover all statistics and data on Global solar PV supply chain now on statista.com!

How many GW of solar energy will be available in 2018?

The government is planning to introduce more than 1 GW of solar energy in the coming years. Several announcements have been made, 3 MW of utility-scale PV was operational begin of 2018, and 800 MW more had been approved.

Is the distributed PV market increasing?

The distributed PV market has been around 16-19 GW since 2011, but it is finally on the rise, with a global total of more than 36,8 GW. The US and European markets are transitioning towards self-consumption, and new business models are emerging.

What influenced the growth of global PV production in 2017?

The global PV installed capacity reached 99 GW in 2017, achieving a 29% year-on-year growth. The production of polysilicon, ingots, wafers, PV cells and modules also increased to record levels. The Chinese market significantly influenced the growth of the entire global PV production in 2017.

What is the size of Taiwan's solar market?

Taiwan's solar market has been led by agricultural facilities and commercial rooftops. The country aims to reach 6,5 GW by 2020 and 20 GW by 2025. In 2012, Taiwan launched the “Million Roof Solar Project” to develop the PV market in the country, with the support of municipalities.

Where did most solar power come from in 2017?

In 2017, more than 60% of the solar power came from centralized PV, mainly driven by China, the USA, and emerging PV markets. However, 14 GW of solar power came from distributed PV, with China being the largest contributor.