Global Solar Project Analysis: Pipeline Expansion Growth Slowed To 8% As Project Costs Face Upward Pressures
Renewables / Global / Mon 10 Jun, 2024
Key View
- Over the past six months, the global solar project pipeline expanded by about 8% in project count, which reflects a slowdown from the 15% noted previously in December 2023.
- Our Key Projects Data (KPD) shows that 109GW of large-scale solar projects are planned to come online in 2024, which is 37% less than our forecast. We believe this is due