Trends in Global Solar PV Installation in 2021

Initiative Electricity Sector Transitions
Type Data Insight
Date 10 October 2022

Battery storage
Benefits of electricity trade
Business models
Climate change
Consumer behavior
Decentralized supply
Demand Response
Demand-side management
Digitalization
Distributed generation
Efficient consumption
Electricity
Electricity demand growth
Electricity markets
Electrification
Energy efficiency
Energy mix
Energy policy
Energy security
Enregy transitions
Fuel costs
General Equilibrium models
Green Bonds
Grid flexibility
Investments
LCOE
Liquid Fuels
Market design
Market Reforms
Natural Gas Demand
Network regulations
New regulations
Policy
Price reforms
Public-private partnerships
Reliability
Renewable energy
Seasonality in demand
Smart grid
Smart meters
Solar PV
Stranded assets
Sustainable finance
Sustainable investment
System flexibility
Technological disruptions
Temperature
Transition risks
Wind Power

Abstract

In 2021, global solar photovoltaic (PV) capacity increased by a record 175 gigawatts (GW). This brought the total global cumulative installed PV capacity to around 942 GW at the end of 2021.

Authors

Amro Elshurafa

Fellow Amro is an expert with over 20 years of experience in energy and technology garnered on three continents. His research… Amro is an expert with over 20 years of experience in energy and technology garnered on three continents. His research interests lie in renewable energy policy, power systems modeling, net-zero power, and hybrid microgrid design and optimization. He has led and executed several national modeling initiatives both at the distributed and utility scales. Some aspects of his research have been adopted by BP in creating their seminal annual statistical review. Amro is the author of 50+ papers and the inventor of several patents. He holds a Ph.D. in Electrical Engineering and an MBA in Finance.

Expertise