Global solar capacity to hit 115 GW this year

WORLD – The global solar demand may increase by 5% year-on-year in 2020 despite the Covid-19 crisis, a new report by research firm Wood Mackenzie has indicated. If confirmed, this growth would mean a newly installed PV capacity of around 115 GW for this year with China once again being the world’s largest market with 39 GW capacity. “The most severe of lockdowns have ended in almost all countries, with construction on PV sites able to continue as planned, albeit with many projects facing delays caused by disruption earlier in…

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