photovoltaic industry added about 444 gigawatts of new capacity in 2023, a 76% growth on 2022 build

We only see about 574GW(DC) of module build in 2024, mainly limited by local factors such as access to grid, land and labor

China alone added 216.9GW(AC) or 268GW(DC) in 2023, 60% of the world market, and we do not expect it to fall

Enough polysilicon could be produced by major suppliers to make 1.1 terawatts of modules this year

We have tightened the criteria for tier 1 manufacturers and hence the tier 1 lists have been shortened, but there is still enough module assembly capacity belonging to the tier 1 players to make 783GW of modules per year

BNEF suggests from 520 to 655 GW possible solar installations, with 574 GW about the middle value.

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