Presentations are available for download in PDF format below. In 2022, only 10% (2.7 GWdc) of modules reported a tariff, compared to 56% (13.2 GWdc) in 2021.Quarterly cell imports grew for the second quarter in a row in Q4 2022 (+60 MWdc, +9% quarter-over-quarter). Census data, 2.5 GWdc of cells were imported in 2022. Collectively, Malaysia, Vietnam, Thailand, and Cambodia represented 73% of c-Si module imports (75% including c-Si cells).Census data, 28.7 GWdc of modules and 2.5 GWdc of cells were imported in 2022, an increase of 21% y/y (+5 GW) and 7% y/y (178 megawatts), respectively. In 2022, the United States produced a around 5 GW of PV modules.In 2022, 96% of PV shipments were mono crystalline silicon (c-Si) technology, compared to 35% in 2015.In 2022, global PV shipments were approximately 283 GW-an increase of 46% from 2021.Global module prices have declined steadily since fall 2022 despite strong demand, reaching lows in April 2023 that have not been seen for 2 years.After plunging to a 1.5-year low of $20/kilogram (kg) in mid-January, global polysilicon spot prices rebounded to $30/kg in mid-February and then dropped to $24/kg by mid-April.The median reported price by EnergySage for residential PV systems increased 6.3% y/y to $2.85/Wdc – the third straight period of increase, after never having done so before.The median system price for a select group of utility-scale PV projects in 2022 was $1.49/watt alternating current (Wac)-up 13% y/y.The United States installed approximately 14.1 gigawatt-hours (GWh), 4.8 GWac of energy storage onto the electric grid in 2022, up 34% y/y.Department of Energy, Office of Energy Efficiency and Renewable Energy, operated by the Alliance for Sustainable Energy, LLC. NREL is a national laboratory of the U.S. The United States installed 17.0 gigawatts alternating current (GWac) (20.2 GWdc) of PV in 2022, ending the year with 110.1 GWac (140.6 GWdc) of cumulative PV installations. Learn more about NREL's security and privacy policies.However, 16 states generated more than 5% of their electricity from solar, with California leading the way at 27.3%.Solar still represented only 9.0% of net summer capacity and 4.7% of annual generation in 2022.electric generation capacity, compared to 4% in 2010. In 2022, PV represented approximately 46% of new U.S.Analyst project 2023 annual installations to grow to more than 300 (gigawatts) GW and by 2025 more than 400 GW.was the second-largest market in terms of cumulative and annual installations. China’s annual PV installations grew 57% year-over-year (y/y) in 2022, representing 42% of total global demand, with the majority coming from distributed PV.IEA reported that in 2022, 231 gigawatts direct current (GWdc) of photovoltaics (PV) were installed globally, bringing cumulative PV installs to 1.2 terawatts direct current (TWdc).Key updates from the Spring 2023 Quarterly Solar Industry Update presentation, released April 27, 2023:
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