Global Solar Manufacturing Capacity Set to Expand to Over 1.3 TW by 2028

Due to delays in polysilicon investments, India's self-sufficiency in PV is estimated to reach only about 50%

April 29, 2024

/ Manufacturing, Markets & Policy, Solar,

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights

Global solar manufacturing capacity under construction indicates an increase of 330 GW in 2023 to almost 800 GW – triple the 2021 level, according to the International Energy Agency (IEA). This surplus in capacity is projected to more than double the forecast installations for 2023, creating a significant supply surplus.

Continue Reading with Premium Access

Get unlimited access to in-depth analysis, exclusive interviews, and comprehensive coverage of India's renewable energy sector.

✓Unlimited article access

✓Exclusive market insights

✓Premium research reports

✓Ad-free reading experience

Loading subscription plans...

Already a subscriber? Sign In

Arjun Joshi

Comments

Get the most relevant India solar and clean energy news.

Global Solar Manufacturing Capacity Set to Expand to Over 1.3 TW by 2028

Continue Reading with Premium Access

Comments

Get the most relevant India solar and clean energy news.

RECENT POSTS