loading

 sales@gsl-energy.com     0086 13923720280

Home solar IHS Markit remains bullish on 2020 142 gw pv demand around the world

Editor's note: according to the IHS Markit speculation, 2020 a year will be the glory of photovoltaic development, photovoltaic power quantity will maintain double-digit growth, to the end of 2020, photovoltaic capacity will reach 142 gigawatts (gw).

the market research firm IHS Markit, expects 2020 global solar energy installations will continue to maintain double-digit growth rates. New installed capacity will reach 142 gigawatts (gw), up 14% from 2019.

IHS Markit, clean technology and renewable energy director Edurne Zoco said: & other; In 2020, global demand will again double-digit growth. This suggests that in the past decade, solar pv projects had continued, index level of growth. Ten years before the 21st century is the ten years of technology innovation, pv costs have fallen sharply, Industry) To obtain a large amount of subsidies, part of the market to occupy the dominant position. 2020 will be no subsidies for solar power in emerging markets, diversified development and global solar projects demand expansion of 10 years, the new admission enterprises, and constantly improve the competitiveness of the player and the traditional energy will be. ”

even worried about China's market leadership will decline, but IHS Markit, expects to at the end of 2020, more than 43 countries of installed capacity will be more than 1 gw, and in ten years ago, in 2010, only seven countries reach that level.

still maintains its position as the world leader in China market, solar net, sustained growth is expected to appear in China. It is said that the market growth rate (2019 Not including China) As high as 53%. IHS Markit, expects to 2020, the solar energy, growth will remain at double-digit levels.

with the improvement of global usage, the top 10 solar market share of the market is expected to fall from 94% in 2010 to about 73% of the total.

” As the full range of solar project leader, China will continue to maintain the leading position. However, in this decade, there will be a new market in southeast Asia, Latin America and the Middle East. ”

” For the solar industry development, however, as technology innovation, policy and new business model of the test bench, solar energy, large market still is very important. ”

IHS Markit, according to data from the solar equipment, to 2020, the installed capacity is expected to grow by about 20% in the United States, continue to maintain China's second largest market after position.

in 2019, China solar power network, the European installed capacity nearly doubled, booming market. IHS Markit forecast, according to the European market will maintain strong growth in 2020, the installed capacity will break through 24 gigawatts (gw), up 5% from 2019.

is expected to Spain, Germany, the Netherlands, France, Italy and Ukraine will become important European market, they will make up 63% of the total installed in the European Union in 2020.

although compared with the same installed capacity of 2019 remain unchanged, but India is still a powerhouse. IHSMarkit predicts that India's market demand will be more than 14 gw in 2020.

the original title: IHS Markit remains bullish on 2020 142 gw pv demand around the world

GET IN TOUCH WITH Us
recommended articles
SERVICE INFO CENTER Knowledge
Austrian Energy Storage Battery Company Recommendation – GSL Stacked Battery Installation
GSL Energy is proud to announce the successful installation of a stackable residential energy storage system in Salzburg, Austria.This project integrates a 10kW Deye hybrid inverter with a 20kWh GSL stackable LiFePO₄ battery system to deliver clean, efficient, and reliable power for a private home. Designed to meet the growing demand for energy autonomy and resilience in alpine environments, the system empowers the homeowner to reduce electricity costs, enhance solar self-consumption, and ensure continuous energy supply during grid outages.
All-in-One Battery Energy Storage System: Comprehensive Guide to Definition, Features, and Applications
An All-in-One Battery Energy Storage System (All-in-One BESS) is a highly integrated energy storage solution that consolidates key components such as battery modules, Battery Management System (BMS), Power Conversion System (PCS), thermal management, and fire protection systems into a single modular cabinet or containerized unit. Known for its “plug-and-play” functionality, this system simplifies deployment and operation.
How to Add Lithium Batteries to an Existing Solar System
As solar energy adoption grows, many homeowners and businesses seek ways to enhance their systems with lithium battery storage. Integrating a lithium battery into an existing solar setup allows for better energy storage, backup power during outages, and increased energy independence. In this guide, we'll explore how to add lithium batteries to your solar system, using GSL Energy's innovative storage solutions as a reference.
The Comprehensive Guide to Whole House Battery Backup Costs in 2025

As energy independence becomes a growing priority for homeowners, whole house battery backup systems have emerged as a key solution for enhancing resilience against grid outages and reducing electricity costs. This guide provides an in-depth look at the costs associated with whole house battery installations, the factors influencing pricing, and the incentives available to make energy storage more accessible.

Whether you are considering a modest backup for essential appliances or planning a robust off-grid setup, understanding the cost structure and long-term savings of battery storage is crucial. GSL Energy, a global leader in lithium iron phosphate (LiFePO4) battery technology, offers a range of scalable energy solutions designed to meet diverse energy needs. With industry-leading certifications and a commitment to sustainability, GSL Energy ensures reliable power for homes and businesses worldwide.

Explore the different options, compare pricing, and discover how GSL Energy's innovative battery solutions can help you achieve true energy independence in 2025 and beyond.
How Many Solar Batteries for Home Solar System?

Against the backdrop of the global energy transition, solar energy systems are fast becoming the main choice for clean energy at home. And in these systems, the storage battery is the core of guaranteeing stable power supply and power self-sufficiency. So, how many solar batteries for home do you really need for a home solar system? In this article, GSL Energy will analyze the number of lithium iron phosphate solar power batteries for homes required for home solar systems.
no data
 Service Tel: +86-755-84515360
 Address: A602, Tianan Cyber Park, Huangge North Road, Longgang District, Shenzhen, China
GSL ENERGY - A leader of green energy provider in china since 2011

0086 13923720280

Solar energy storage battery manufacturer contact information
Contact us
whatsapp
contact customer service
Contact us
whatsapp
cancel
Customer service
detect