Solar PV
Global solar photovoltaic capacity has grown from around 40 gigawatts in 2010 to approximately 2.2 terawatts in 2024. Only in that last year,
Global solar photovoltaic capacity has grown from around 40 gigawatts in 2010 to approximately 2.2 terawatts in 2024. Only in that last year,
Solar energy is the fastest-growing electricity source globally. Explore installed capacity, cost trends, top countries, technology types, and
These data hammer the same powerful message: solar photovoltaic (PV) has become the new cornerstone of the global power sector. In all areas:
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In 2025, renewables accounted for 88.4% of all new generating capacity, while natural gas added just 11.4%, according to FERC data.
It''s clear that solar will continue to be the dominant source of new power capacity in the United States, even as gas generation (from both new and existing sources) continues to grow.
Solar PV accounts for almost 80% of the global increase, followed by wind, hydropower, bioenergy and geothermal. In more than 80% of countries
Renewable power made up almost 50% of the world''s electricity capacity last year after a record increase in solar installations, data from the International Renewable Energy Agency shared
Combining utility-scale and small-scale solar generation in 2025 increases the share of wind and solar to 19% of total net generation. Wind and solar are considered intermittent electricity
A new IEEE report shows solar dominated new generation in 2024, with 70% of added global capacity from PV and record installations in China and the United States.
As the energy crisis fueled by Russia''s invasion of Ukraine has subsided, demand for residential solar systems in the EU has declined and several residential solar incentive schemes
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