According to GlobalData, solar PV accounted for 4% of Canada’s total installed power generation capacity and 1% of total power generation in 2023. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Canada Solar PV Analysis: Market Outlook to 2035 report. Buy the report here.
Installed capacity is forecast to increase from 2024 to 2035, at which point solar PV is expected to account for 8% of total installed generation capacity.
For more detailed analysis of the solar PV sector in Canada, buy the report here.
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