According to Jinshi Data on February 27, at the seminar on the review of the photovoltaic industry development in 2024 and the outlook for 2025 held today, Wang Bohua, honorary chairman of the China Photovoltaic Industry Association, stated that global photovoltaic installations will continue to grow. In 2024, the global photovoltaic new installations are expected to increase by approximately 35.9% year-on-year, with all major global photovoltaic markets maintaining a growth rate of no less than 15%. In an optimistic scenario, the global photovoltaic new installations are predicted to grow by 10% year-on-year in 2025. Demand growth in emerging markets, such as the rapidly developing Middle East, is notable
