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Solar Installation Growth Expected to Reach 700 GW by 2025

According to Andries Wantenaar of Rethink Energy, approximately 330 GW of solar modules were manufactured globally during 2022. Wantenaar expects that these modules will primarily be installed in 2023, with worldwide solar installation growth of 330 GW or more this year. Wantenaar quotes a Trendforce analysis that argues “351 GW will be installed worldwide in 2023, with a 53.4% growth rate.”

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