“Within the next five years, the world will likely have over 1 terawatt of solar capacity installed, according to the latest global data from Wood Mackenzie Power & Renewables. That’s a trillion watts. That’s enough to serve more than one-third of America’s electricity consumption.
Our last major capacity projection was one year ago, when the GTM Research team forecasted 871 gigawatts by 2022. The latest projections show higher-than-expected growth for every year after 2018.”
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