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SolarPower Europe: Global rooftop PV soars 50% to 118GW by 2022 2023-06-20
SolarPower Europe released the latest version of its global market outlook for 2023-2027 at last week's Intersolar Europe in Munich, Germany. 239GW of new solar capacity will be installed globally in 2022, with the rooftop PV market accounting for 49.5% of the new market, the highest level since 2016. . The rooftop sector in Brazil, Italy and Spain grew by 193%, 127% and 105% respectively.

Rooftop PV grew by 50% in 2022, with installations increasing to 118GW from 79GW in 2021, according to the report. rooftop markets in Italy and Spain grew by 127% and 105%, respectively, thanks to residential installations in Italy and end-use consumption in Spain; rooftop growth rates in Denmark, India, Austria, China, Greece and South Africa all exceeded 50%. Among the top 20 solar markets, Australia, South Korea and Japan saw a decrease in rooftop solar installations compared to last year, down 2.3 GW, 1.1 GW and 0.5 GW, respectively. however, all other top 20 markets saw growth in the rooftop segment.



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