Solar grew more than any other renewable energy technology in 2022, driven by the energy crisis and Russia’s invasion of Ukraine. InfoLink Consulting says that global solar demand reached 278 GW last year, up 56%, or roughly 100 GW, from 178 GW in 2021, with bigger changes in supply and demand expected in 2023. InfoLink Chief Analyst Corrine Lin predicts three major trends for the year ahead.
JinkoSolar has rapidly upgraded its PERC capacity to produce TOPCon cells and modules and the whole industry is now following suit. InfoLink estimates that more than 400 GW of TOPCon production capacity could be online by the end of 2023.
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