Solar jumps 12% in 2021, with the Americas accelerating fast

Global solar installations have increased by 12.2% year on year, from 146.5 GW in 2020 to 164.3 GW in 2021, according to Rethink Energy data tracking – a little lower than our 169 GW prediction. Regional year-on-year growth rates were: 13.9% in China 20.1% in Europe 24.4% in the USA 318% in India – but 18.1% if compared to what 2020 would have been without lockdowns A fall of 10.7% in Japan, South Korea and Taiwan 39.4% in Latin America Just like 2020, demand for photovoltaics skyrocketed in 2021, but this time around supply was limited: without supply chain issues over 200 GW might have been built. Supply and demand will be just as tight in 2022 – but with…