In response to an unprecedented health crisis, countries had hoped to seize the post Covid-19 opportunity for a green and sustainable recovery. Renewable energy sector experienced record growth in power capacity in 2022 due to the newly installed PV systems, overall rise in electricity demand, government incentives and growing awareness of need to transition to clean energy sources. The solar PV market maintained its record-breaking streak, with new capacity installations totalling to approximately 191 GW in 2022 (IRENA, 2023). This was the largest annual capacity increase ever recorded and brought the cumulative global solar PV capacity to 1,133 GW. The solar PV market continued its steady growth despite disruptions across the solar value chain, mainly due to sharp increases in the costs of raw materials and shipping. In 2022, 114 ISA countries (members and signatories) represented approximately 489 GW (43%) of the global solar PV capacity. Europe & others region account for 56% of the total installed solar capacity among the ISA members followed by the Asia-Pacific (36%), Latin America & Caribbean and Africa regions contributing to approximately 7% and 1% respectively.