Digital tools will help keep distributed solar PV growing strongly
2023-07-26
Deployment of distributed solar PV is rising rapidly. In 2022, distributed PV – or small solar PV installations that generate electricity for residential, commercial, industrial and off-grid applications – represented 48% of global solar PV capacity additions, and its annual growth was the highest in history. Annual growth of distributed PV is expected to be even stronger the next two years, according to the IEA’s latest Renewable Energy Market Update. In 2024, it is set to reach 140 gigawatts, an increase of more than 30% compared with 2022 levels.