INDUSTRY NEWS

BNEF: Global solar additions could reach 655GWdc in 2024

2024-02-28
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BNEF estimates that China will account for 54.7% of global solar PV capacity additions in 2024. Image: RWE.

The world could install up to 655GWdc of solar PV capacity this year, up from about 444GWdc in 2023, according to BloombergNEF’s (BNEF) 1Q 2024 Global PV Market Outlook.

The report offered multiple scenario about the installed global solar PV capacity, with the conservative and optimistic forecasts being 520GWdc and 655GWdc respectively. In the mid-scenario forecast for global PV installations, the world will install 574GWdc.

(The above content is reproduced from pv-tech,By Simon Yuen)

 

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