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Home / BNEF warns global solar demand could decline for first time in two decades
Back·June 11, 2026·pv magazine Global
Read at pv magazine Global

BNEF warns global solar demand could decline for first time in two decades

SolarNews Brief

BNEF is warning that global solar deployment may record its first annual decline in two decades. The key signal for the industry is not only weaker demand growth, but the growing role of storage, curtailment management and market design in unlocking the next stage of solar expansion.

BloombergNEF's solar outlook, discussed at SNEC 2026, points to a possible annual decline in global solar installations for the first time in about 20 years. The analysis highlights slowing Chinese deployment, negative pricing, curtailment and the need for energy storage to absorb daytime solar output, while projecting 158 GW / 459 GWh of battery additions in 2026.

Read the full story at pv magazine Global

Source: pv magazine Global. Solar News summarizes; the complete story is on the publisher's site.

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