This is the best summary I could come up with:

The report said that the oversupply of PV modules last year “shed light on the difficulties to align production and demand in a very versatile environment.” It noted that while production capacities increased significantly in China, growth only happened in a limited number of countries beyond China.

Approximately 45% of new capacity was on rooftops, continuing gradual growth seen since 2018 as rooftop markets opened in new countries, while decreasing installation costs and higher consumption costs made it more accessible for residential investors.

Spain, the Netherlands, Chile and Greece led in this metric, but more populous countries such as Germany and Japan also passed 10% for the first time.

The IEA-PVPS said that with increasingly high PV penetration rates in more countries, transmission and distribution system operators are having to “anticipate and more actively manage PV.” In some smaller regions, penetration rates were so high that rooftop solar provided 100% of power over several hours multiple times.

The IEA-PVPS said the cost burden of managing, reinforcing and renewing grid infrastructure is becoming “one of the more sensitive topics.”

Looking at solar amid the broader energy transition, the IEA-PVPS said that PV is playing a “major role” and in 2023 represented more than 75% of all new renewable electricity technologies, which it attributes to consistent cost reduction, technical performance and accessibility, and generally faster permitting procedures than wind or hydro.

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