China Controls 80% of World's Solar Panel Supply Chain

In 2023, solar energy accounted for three-quarters of renewable capacity additions worldwide. Most of this growth occurred in Asia, the EU, and the U.S., continuing a trend observed over the past decade. In this graphic, Visual Capitalist's Bruno Venditti illustrates the rise in installed solar photovoltaic (PV) capacity in China, the EU, and the U.S. between 2010 and 2022, measured in gigawatts (GW). Bruegel compiled the data.. Chinese Dominance As of 2022, China’s total installed capacity stands at 393 GW, nearly double that of the EU’s…