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The Annual Compound Growth Rate Of Global Photovoltaic Glass Demand From 2021 To 2030 Is Expected To Reach 19 percent

Dec 24, 2021

The annual compound growth rate of global photovoltaic glass demand from 2021 to 2030 is expected to reach 19 percent


Under the global vision of "carbon neutrality", there is huge room for renewable energy power generation in the future. With the advent of the era of parity, coupled with excellent resource endowments, photovoltaics are expected to gradually become the main energy source from the current auxiliary energy in this major transformation of the energy transition. Based on our calculations, the average annual global PV installed capacity from 2021 to 2025 is about 242GW, and the global average annual PV installed capacity from 2026 to 2030 is about 653GW. With the gradual increase in the penetration rate of dual-glass modules and the gradual increase in the proportion of large-size modules, the annual compound growth rate of global photovoltaic glass demand from 2021 to 2030 is expected to reach 19 percent , of which the global photovoltaic glass demand from 2026 to 2030 will be higher than that of 2021-2025 Significant increase in the year.



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