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    Home > Chemicals Industry > International Chemical > In the third quarter, the world's three major solar markets added 9.4 GW of new installed capacity

    In the third quarter, the world's three major solar markets added 9.4 GW of new installed capacity

    • Last Update: 2023-01-02
    • Source: Internet
    • Author: User
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    China, the United States and India, the world's top three solar markets, added a combined 9.
    4 GW of solar energy
    in the third quarter of 2019.

    According to a report by Wood Mackenzie and the Solar Energy Industries Association (SEIA), the US solar market installed 2.
    6 GW of solar projects in the third quarter of 2019, bringing the country's total solar capacity to 71.
    3 GW
    .

    In the third quarter, 2.
    6 GW of solar projects were installed in the United States, an increase of nearly 24%
    over the previous quarter.
    Driven by increased residential installations, the market grew by more than
    48% over the same period last year.
    U.
    S.
    residents installed 712 megawatts of solar energy, the highest level
    in the country since 2013, the report said.

    Meanwhile, data from India's Mercom showed that solar installations in India rose to about 2.
    2 GW in the third quarter, up nearly 44% from the previous quarter, ranking third
    in the global market.

    Data from China's National Energy Administration showed that the country installed only 4.
    6 GW of solar capacity in the third quarter, down about 26%
    from the previous quarter.

    From January to September, the United States added 7.
    4 GW of solar PV, an increase of nearly 15%, India added 5.
    4 GW, down 18% year-on-year, and China added 16 GW, down nearly 54%
    year-on-year.

    The decline in installations in China is mainly attributed to its decision to prioritize subsidy-free wind and solar projects, namely the 531 PV New Deal
    that shocked the global solar market in 2018.

    Earlier this year, the Chinese government approved more than 20 GW of solar and wind projects as part of
    its plan to install subsidy-free renewable energy projects in the country.

    China, the United States and India, the world's top three solar markets, added a combined 9.
    4 GW of solar energy
    in the third quarter of 2019.

    solar energy

    According to a report by Wood Mackenzie and the Solar Energy Industries Association (SEIA), the US solar market installed 2.
    6 GW of solar projects in the third quarter of 2019, bringing the country's total solar capacity to 71.
    3 GW
    .

    In the third quarter, 2.
    6 GW of solar projects were installed in the United States, an increase of nearly 24%
    over the previous quarter.
    Driven by increased residential installations, the market grew by more than
    48% over the same period last year.
    U.
    S.
    residents installed 712 megawatts of solar energy, the highest level
    in the country since 2013, the report said.

    Meanwhile, data from India's Mercom showed that solar installations in India rose to about 2.
    2 GW in the third quarter, up nearly 44% from the previous quarter, ranking third
    in the global market.

    Data from China's National Energy Administration showed that the country installed only 4.
    6 GW of solar capacity in the third quarter, down about 26%
    from the previous quarter.

    From January to September, the United States added 7.
    4 GW of solar PV, an increase of nearly 15%, India added 5.
    4 GW, down 18% year-on-year, and China added 16 GW, down nearly 54%
    year-on-year.

    The decline in installations in China is mainly attributed to its decision to prioritize subsidy-free wind and solar projects, namely the 531 PV New Deal
    that shocked the global solar market in 2018.

    Earlier this year, the Chinese government approved more than 20 GW of solar and wind projects as part of
    its plan to install subsidy-free renewable energy projects in the country.

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