About Photovoltaic panel utilization rate in the region
Global solar photovoltaic capacity by region 2023. Solar photovoltaic capacity worldwide in 2023, by region (in megawatts).
Global solar photovoltaic capacity by region 2023. Solar photovoltaic capacity worldwide in 2023, by region (in megawatts).
The global installed solar capacity over the past ten years and the contributions of the top fourteen countries are depicted in Table 1, Table 2 (IRENA, 2023). Table 1 shows a tremendous increase of approximately 22% in solar energy installed capacity between 2021 and 2022.
In total, 93% of the global population lives in countries that have an average daily solar PV potential between 3.0 and 5.0 kWh/kWp. Around 70 countries boast excellent conditions for solar PV, where average daily output exceeds 4.5 kilowatt hours per installed kilowatt of capacity (kWh/kWp) – enough to boil around 25 liters of water.
Manufacturing capacity and production in 2027 is an expected value based on announced policies and projects. APAC = Asia-Pacific region excluding India and China.
Reaching an annual solar PV generation level of approximately 8 300 TWh in 2030, in alignment with the Net Zero Scenario, up from the current 1 300 TWh, will require annual average generation growth of around 26% during 2023-2030.
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