Overall situation of global photovoltaic application market in 2023
In 2023, the global photovoltaic installed capacity will be 390GW, a year-on-year increase of 69.6%, and the cumulative installed capacity will be about 1546GW. In 2023, the global photovoltaic installed capacity will hit a new high.
In 2023, China will still maintain its leading position in the global new installed capacity market, with an annual new installed capacity of 216.3GW on the AC side, setting a new historical high. The new photovoltaic installed capacity has remained the world's first for 11 consecutive years since 2013. In 2023, China's new photovoltaic installed capacity will exceed half of the world's new installed capacity, and the cumulative installed capacity will account for nearly 40% of the world.
