Global solar installs in Q3 come to 105 GW, 398 GW expected for 2023

Global solar installations in Q3 came to 105 GW, with 276 GW commissioned in the first nine months, and an expected global total of 398 GW for the full year of 2023. In the first nine months of 2023, the global solar industry grew by a little over 80%, and we expect the full year figures to show a 71% growth rate. Next year, the solar industry will grow further, by between 25% and 40%, to at least 500 GW. Only from that point on will growth slow to more normal levels. China accounted for 58% of all global solar installations in Q3, and that for the full year of 2023, China will have hosted 55% of all new solar…