Accelerated development of the global photovoltaic industry, various countries actively promote technological applications

According to the annual report recently released by the International Energy Agency, the global solar photovoltaic capacity is expected to reach 375 gigawatts in 2023, with a year-on-year growth rate of 31.8% in total installed capacity. Looking at various countries and regions, China's new solar photovoltaic installed capacity in 2023 was equivalent to the global new solar photovoltaic installed capacity in the previous year. Demetrios, Head of the Energy Department at the World Bank, believes that developing the solar photovoltaic industry is crucial for addressing climate change and promoting energy transition.