Executive summary – Renewables 2025 – Analysis
Solar PV accounts for almost 80% of the global increase, followed by wind, hydropower, bioenergy and geothermal. In more than 80% of countries
TL;DR: Solar energy has become the world's fastest-growing electricity source, with global installed capacity exceeding 1,400 GW in 2024 and generation surpassing 1,300 TWh annually. The year 202...
Solar PV accounts for almost 80% of the global increase, followed by wind, hydropower, bioenergy and geothermal. In more than 80% of countries
Solar energy is the fastest-growing electricity source globally. Explore installed capacity, cost trends, top countries, technology types, and future projections.
The global power system will be dominated by two mega-trends over the rest of the decade: solar''s share in the electricity mix rising rapidly as it continues its exponential growth, and
With China implementing major changes to its solar market design this year, a temporary dip in global growth in 2026 appears very likely. Meanwhile, other regions are falling behind,
Policymakers in some of the world''s largest economies are reducing support for solar power generation. Even so, Goldman Sachs Research expects
In 2024, between 554 GWdc and 602 GWdc of PV were added globally, bringing the cumulative installed capacity to 2.2 TWdc. China continued to dominate the global market,
In the coming decade, solar PV is expected to continue being the largest contributor to global renewable energy installations, reaching a
The Global Solar Power Tracker is composed of worldwide facility-level data on utility-scale (1 MW+) solar photovoltaic (PV) and solar thermal facilities, as well as country-aggregated distributed (<1
The IEA PVPS Trends in Photovoltaic Applications 2025 report provides comprehensive data and analysis on global PV deployment, technology, and
Renewable energy statistics 2025 provides datasets on power-generation capacity for 2015-2024, actual power generation for 2015-2023 and renewable energy balances for over 150 countries and areas for