The global solar industry is set to install 113 GW of photovoltaic power this year, with China leading the way, IHS Global forecast. China will lead the industry again in 2018, reaching the record 53GW set in 2017 with an upside potential of 60 gigawatts in 2018, according to the market research firm. The country is expected to surpass the 53 GW record set last year, possibly producing up to 60 GW, the market research firm predicted. Solar installations in India are projected at a total of 1,260 gigawatts by 2022, according to an analysis from GTM Research.
The global solar industry is set to install 113 GW of photovoltaic power this year, with China leading the way, IHS Global forecast. The country is expected to surpass the 53 GW record set last year, possibly producing up to 60 GW, the market research firm predicted. Solar installations in India are projected at a total of 1,260 gigawatts by 2022, according to an analysis from GTM Research.