The worldwide installed base of photovoltaic capacity currently is around 890 GW, generating 994 TWh solar energy in total. A growth of more than 200% is expected before the end of 2026, translating to an installed PV capacity of around 1,900 GW. But how can manufacturers ensure that PV modules perform to expectations, even after some time in operation?
The key markets for photovoltaics are expected to be China, Europe, the United States and India, but considerable growth potential is also visible in sub-Saharan Africa and the Middle East.
From this overall installed PV base, utility-scale projects continue to provide the majority of all solar PV additions worldwide. This means that a large number of new solar power plants will be built in the next few years.
