Global solar power market value 2015-2022

The global solar energy market is expected to reach 422 billion U.S. dollars in 2022, in comparison to 86 billion U.S. dollars in 2015. Solar energy is one of the most popular renewable energy sources and in recent years more capacity was deployed than traditional energy sources. The success related to the solar energy segment can be attributed to the declining cost of installing solar photovoltaic systems. Regional solar markets China and the United States were two of the largest solar markets in the world, driving a large portion of global solar demand. Europe, on the other hand, had experienced a declining solar market for over five years, but has seen growth recently due to Turkey’s expansion of solar capacity. These mature markets are expected to reduce their hold on the market as emerging markets in Latin America, the Middle East, and Africa grow. However, solar prices in emerging markets will be much higher than in developed markets as business situations can be less than ideal. In these cases, development financing institutions may help cover risks associated with financing solar projects.

全球太阳能市场规模预计将在2022年达到4220亿美元，较2015年的860亿美元显著增长。太阳能作为最受欢迎的可再生能源之一，近年来其部署容量已超过传统能源。太阳能领域的成功主要归因于太阳能光伏系统安装成本的降低。在区域太阳能市场中，中国和美国是全球最大的两个太阳能市场，推动了全球太阳能需求的较大份额。另一方面，欧洲已连续五年太阳能市场呈下降趋势，但近期由于土耳其太阳能容量的扩张，市场已有所增长。这些成熟市场预计将逐渐减少其在市场中的控制力，而拉丁美洲、中东和非洲等新兴市场的发展壮大。然而，由于商业环境可能不尽理想，新兴市场的太阳能价格将远高于发达市场。在这种情况下，发展融资机构可能有助于缓解与太阳能项目融资相关的风险。