According to a research report recently released by the European Photovoltaic Industry Association (SolarPower Europe), the installed capacity of photovoltaic systems worldwide in 2022 is 239GW, of which 118GW of rooftop photovoltaic systems are installed, accounting for 49.5% of the new installed capacity and the highest share in the past three years. The rooftop industry in Brazil, Italy, and Spain grew by 193%, 127%, and 105%, respectively.
The European Photovoltaic Industry Association recently released the latest version of the research report "Global Photovoltaic Market Outlook 2023-2027" during the Intersolar Europe conference held in Munich, Germany.
According to this report, the global installed capacity of new photovoltaic systems in 2022 was 239GW, with an annual growth rate of 45%, which is the highest level since 2016 and another record breaking year for the global photovoltaic market. The Chinese photovoltaic market installed nearly 100GW of photovoltaic systems in 2022, with a growth rate of 72%. The United States still ranks second, despite a 6.9% decrease in installation volume to 21.9GW; Following closely behind India and Brazil, with 17.4GW and 10.9GW respectively. According to a report by the European Photovoltaic Industry Association, Spain has become the largest photovoltaic market in Europe with the installation of 8.4GW of photovoltaic systems. These survey data are slightly different from data from other research institutions. For example, according to a research report released by Bloomberg New Energy Finance, the global installed capacity of new photovoltaic systems reached 268GW in 2022.
Overall, 26 countries worldwide installed over 1GW of photovoltaic systems in 2022. These countries are China, the United States, India, Brazil, Spain, Germany, Japan, Poland, the Netherlands, Australia, South Korea, Italy, France, Taiwan, Chile, Denmark, Türkiye, Greece, South Africa, Austria, the United Kingdom, Mexico, Hungary, Pakistan, Israel and Switzerland.
The rooftop photovoltaic systems installed by countries around the world in 2022 increased by nearly 50% last year, with installed capacity increasing from 79GW in 2021 to 118GW. Despite the high prices of photovoltaic modules in 2021 and 2022, the installed capacity of utility scale photovoltaic systems installed in 2022 increased by 41% to 121GW.
The European Photovoltaic Industry Association stated that "utility scale photovoltaic systems remain the main contributor to total installed capacity, but the share of installed utility photovoltaic systems and rooftop photovoltaic systems has never been so close in three years. Utility scale photovoltaic systems account for 50.5% of total installed capacity, while rooftop photovoltaic systems account for 49.5%
Among the top 20 photovoltaic markets in the world, the installed photovoltaic capacity of roof photovoltaic systems installed in Australia, South Korea and Japan decreased by 2.3GW, 1.1GW and 0.5GW compared with last year. However, the rooftop market in other countries has shown growth.
The European Photovoltaic Industry Association stated that "the most impressive progress can be seen in the Brazilian photovoltaic market, which has increased.

The European Photovoltaic Industry Association stated that "the most impressive progress can be seen in the Brazilian photovoltaic market, with an increase of 5.3GW. The increase of 193% compared to 2021 is due to developers hoping to install a large number of photovoltaic systems before the rule change in 2023, in an attempt to benefit from the generous terms of the net metering plan
The growth rates of the rooftop photovoltaic market in Italy and Spain are 127% and 105%, respectively. The growth rate of rooftop photovoltaic markets in Denmark, India, Austria, China, Greece, and South Africa has all exceeded 50%. China leads the global rooftop photovoltaic market with an installed capacity of 51.1GW, accounting for 54% of the global rooftop photovoltaic market in 2022.
The European Photovoltaic Industry Association predicts that by 2023, the installed capacity of rooftop photovoltaic systems installed globally will increase by 35%, expected to increase to 159GW. According to the medium-term scenario, this number may rise to 183GW by 2024 and 268GW by 2027. Compared to 2022, this growth will be more stable as it will be driven by the return of energy prices to lower levels.
On a global scale, it is expected that the installed capacity of utility scale photovoltaic systems installed in 2023 will reach 182GW, an increase of 51% compared to 2022. It is expected to reach 218GW in 2024 and further increase to 349GW by 2027.
The European Photovoltaic Industry Association concluded, "Our forecast is very optimistic, and we expect that 341GW to 402GW of photovoltaic systems will be installed globally by 2023. Based on the current development trend of the photovoltaic market, 800GW of photovoltaic systems will be installed globally in 2027, and 1TW may be installed by 2030.