Global solar container shipments in 2021

How did solar PV perform in 2022?

Solar PV maintained its record-breaking streak, with new capacity increasing 37% in 2022, while global solar production reached an average of 6.2%, up from 5% in 2021. For the tenth consecutive year, Asia dominated regionally in new solar PV installations, contributing 64% of the global added capacity in 2022.

Will the global solar market grow in 2022?

For each year up to 2025, we have considerably increased our forecasts, but 2022 will stand out. In our Medium Scenario, we see the global solar market increase by 25% to 203 GW in 2022, the first time that annual PV installations will cross the 200 GW level, which we had previously expected to be accomplished only in 2024.

How has global solar PV manufacturing capacity changed over the last decade?

Global solar PV manufacturing capacity has increasingly moved from Europe, Japan and the United States to China over the last decade. China has invested over USD 50 billion in new PV supply capacity – ten times more than Europe − and created more than 300 000 manufacturing jobs across the solar PV value chain since 2011.

Which country has the largest solar PV market in Oceania?

Australia remained the largest solar PV market in Oceania adding around 3.9 GW in 2022 for a total capacity of nearly 30 GW. 70 Solar PV generation rose around 20% to 34.3 TWh, contributing 14.7% of Australia's total electricity generation; rooftop PV alone accounted for 25.8% of renewable generation and for 9.3% of all generation. 71

What are China's solar PV exports?

In 2021, the value of China’s solar PV exports was over USD 30 billion, almost 7% of China’s trade surplus over the last five years. In addition, Chinese investments in Malaysia and Viet Nam also made these countries major exporters of PV products, accounting for around 10% and 5% respectively of their trade surpluses since 2017.

How big is the container fleet in 2021?

In 2021, about 1.95 billion metric tons of cargo were shipped globally, up from some 0.1 billion metric tons in 1980. Naturally, the global container fleet has grown in size as well. Between 1980 and 2022, the deadweight tonnage of container ships grew from about 11 million metric tons to roughly 293 million metric tons.