The solar value chain refers to the entire process involved in the production, distribution, and installation of solar energy systems. Home » A brief overview of the upstream and downstream sectors of the PV industry Unicorn Solar provides a brief overview of the upstream and downstream sectors of the PV industry, intending to highlight what happened in 2023 and the first half of 2024. The first part includes manufacturing. In 2024, between 554 GWdc and 602 GWdc of PV were added globally, bringing the cumulative installed capacity to 2. China continued to dominate the global market, representing ~60% of 2024 installs, up 52% y/y. The IEA reported Pakistan's rapid rise to. The U. power generation for the next two years. As a result of new solar projects coming on line this year, we forecast that U.