Sunny skies ahead: the solar market and supply chain in 2024 and beyond

Solar power is at the forefront of the global shift toward clean energy. As technological advancements drive down costs, solar power is paving the way for a resilient, low-carbon future. And with its immense growth potential, now is the time to explore investment opportunities.

Despite US election uncertainty, and potential trade actions on some key solar components, the ten-year solar outlook is bright. Total global PV capacity is expected to quadruple in the next decade - reaching 6.3 terawatts (TWdc). And with US and Indian solar manufacturing incentives proving successful, an increase in PV manufacturing capacity will likewise open supply chain investment opportunities.

In this brochure, we’ll explore the challenges and opportunities in the solar market, unlocking the data you need to capitalise on the solar revolution. Since the roadmap to investing and development may not be straightforward, it’s important to understand all the factors at play.

Deciding how and where to invest in the risk-reward spectrum is increasingly challenging, but solar will continue to be a strong industry with promising investment opportunities this year.

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