Global pv market outlook 2019 ~ 2023

Solar photovoltaic webex: 2018 or will be remembered, because pv installed breakthrough of the year of 100 gw threshold, when the operation of pv to reach 500 gw or 0. 5 tw, or will be again remind of the moment.

in 2018 May also go down in history, because solar photovoltaic (pv) in the next stage of growth this year a brief & quot; Rest & quot; 。 Last year, a total of 102 around the world. 4 gw of installed grid. Compared with 2017 in 98. 5 gw of installed, increased by 4%; But compared with the previous two years, the growth rate of decline, the first two years of growth rate is very high & ndash; In 2017, about 30%, 50% in 2016.

although pv year-on-year growth is low, only for single digits, but it has once again become a capacity increase of the world's biggest power generation technology in 2018. Deployment of solar photovoltaic (pv) power is more than any other single technology. In fact, 2018 solar photovoltaic power net increment is when the coal and wind power net increment of two more times. As the year before, 2018 solar photovoltaic power than all fossil fuels and nuclear power of new capacity are higher, although not much has lead ( Less than 1%) 。 Compared with the fossil fuel power, solar photovoltaic (pv) of new power seems to be impressive, but the fact is that solar energy to tap into the huge potential is still a long way to go & ndash; In 2018 the world's electricity proportion is very small, only 2%.

the upside is, according to Lazard Capital data, leveling of solar pv in 2018 KWH cost ( LCOE) Fell by around 14%, the price of many sunny places of the world's power generation within 2 cents/KWH.

just low cost enough to promote growth, it also needs to design the right policy framework and energy markets. As the years of the world's biggest solar market, the Chinese government in the mid - 2018 canceled a generous feed-in tariff subsidy system, to adapt to the era of grid parity, looking for tools to research to better guide the growth, and makes power closer to demand. In 2018, new power atrophy to 44 Chinese photovoltaic market. 4 gigawatts (gw), with a record 52, 2017. Compared to 8 gw decreased by 16%. Although other major solar energy market is stagnant or shrinking (for many reasons India and Japan) , but many emerging markets to make up for the weakness of the first group. In 2018, 11 countries new power more than 1 gw; With 9 GW scale solar market in 2017, compared to two more. Our mid-term prediction, the number will increase to 16 countries in 2019.

Europe is one of the new solar growth areas. In the European Union binding national goals in 2020, driven by the continent in 2018 increased by 11. 3 gw installed, year-on-year, 9. Increased 21% compared to 3 gw. The middle scene of this year, we predicted a surge in demand by more than 80%, up to 20. 4 gigawatts (gw), and in 2020, we see the installed or to increase by 18% to 24. 1 gw, this will be a new installed record, more than 22 European new installed capacity in 2011. 5GW。

although several emerging markets in the impressive growth in 2018, but is likely to be the brightest star last year in Australia & other; Star & throughout; 。 2018 years, Australia has accelerated its staggering growth rate, the new power reached 5. 3 gw in 2017, 1. 3 gw has risen by nearly 300% & ndash; This high demand or is expected to continue.

in the middle of our scenario, we in 2019 is expected to add about 128 gw pv capacity, up 25% from a year earlier. We are of the world's largest photovoltaic market & ndash; 2019 years of Chinese market than last year's global market outlook, the more optimistic, expects the new installed capacity of 43 gw. This is because the Chinese government restructuring action seems to be faster than expected. In addition, in the next four years, we are optimistic about the global solar power market. Our mid-term prediction, demand will grow by 12% in 2020, up to 144 gw, will grow by 10% in 2021 to 158 gw, will grow by 7% in 2022 to 169 gigawatts (gw), 2023 to rise 6% to 180 gigawatts (gw).

as with previous years, the global market outlook in 2019 scenarios show that compared with the last version of the global market outlook, a higher growth. Scene in 2019, we estimate the mid - 2019 - total installed capacity of 645 gigawatts (gw), than last year's 'global market outlook increased by about 4%. Our new global market outlook for five years to join our most likely to be the middle of the scene, to the global solar power installed capacity in 2023 or will reach 1297 gw. Under the condition of the optimism, we predicted the end of 2023, the world photovoltaic capacity could reach 1610 gigawatts (gw), by 2021 the installed into tw installed already. Into the era of tw, however, are more likely to be remembered after the year was 2022, photovoltaic power generation or will account for about 4% of the world's electricity.

solar photovoltaic network statement: this information is reproduced from the power grid cooperation media or other Internet website, solar photovoltaic network published the article for the purpose of the information, does not mean that agree with his point of view or confirm its description. The article content is for reference only.

'photovoltaic (pv) of the world' this is a comprehensive system to introduce photovoltaic summary of past, present and future of the development of corpus, wide-ranging, and can meet the needs of different readers. This paper not only includes editor Wolfgang & middot; Dr Parr, herself, in its new energy career of more than 50 years, the deep understanding of the development of photovoltaic (pv) and system summary, also include the global photovoltaic industry professionals engaged in new energy or a review of the photovoltaic difficult development,