12/2/2023 0 Comments Beyond compare 3 license key![]() Solar PV proved to be resilient in the face of supply chain bottlenecks, high commodity prices and the increase in interest rates experienced in 2022, and achieved another record annual increase in capacity (220 GW). The second largest generation growth (a 17% share of the total) was recorded in the European Union, followed by the United States (15%). Solar PV accounted for 4.5% of total global electricity generation, and it remains the third largest renewable electricity technology behind hydropower and wind.Ĭhina was responsible for about 38% of solar PV generation growth in 2022, thanks to large capacity additions in 20. Power generation from solar PV increased by a record 270 TWh in 2022, up by 26% on 2021. Deployment is expected to remain on this level in the medium term thanks to continuous demand for renewable energy from industry and electricity retailers.
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