Despite the continued global pandemic and end of year disruptions in Asia, the annual photovoltaic (PV) market has continued to grow, reaching 175 GW worldwide in 2021.
Australia installed 4.9 GW and has once again reached the highest installed PV capacity per inhabitant with 1011 W/cap in 2021.
Including Australian PV data captured by the APVI, the ‘Trends in Photovoltaic Applications 2022 report’ has just been released by the IEA PVPS Program.
Now in its 27th year, the report is the most comprehensive overview of the PV sector, covering policies, drivers, statistics, and industry analysis.
To read the report, click here.
Australia installed 4.9 GW in 2021, a stable level since 2018 and a tremendous level given the population.
For several years Australia has been experiencing a boom in utility-scale applications together with a robust demand for distributed PV systems.
The total installed PV capacity in Australia reached 26 GW at the end of 2021.
Over 945.7 GW of PV power plants were producing electricity worldwide at the end of 2021, of which around 70% have been installed during the last five years.
Over the years, an increasing number of markets have started contributing to global PV installations, and 2021 closed with a record number of new countries installing significant numbers of PV.