Global Solar Market on Course for Growth – Chall
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Posted On: 06/14/2025 11:31:49 AM
Global Solar Market on Course for Growth – Challenges Notwithstanding
This year’s edition of SolarPower Europe’s annual survey Global Market Outlook for Solar Power is testament to the ongoing photovoltaics boom: In 2024, 597gigawatts (GW) of new capacity was installed globally – a plus of 33 percent, and a new milestone.
Solar energy accounted for 81 percent of the global renewable energies deployment, having doubled the total worldwide capacity to more than 2.2 terawatts (TW) in just two years. The report’s Medium Scenario expects a rise to 655 GW for 2025. The Global Market Outlook for Solar Power was presented at the Intersolar Europe Conference in May 2025.
And the success story of solar energy continues: By 2029, the annual installed capacity could be up to 930 GW, paving the way towards a terawatt industry by 2030.
https://www.intersolar.de/news/global-solar-m...for-growth
icymi
This year’s edition of SolarPower Europe’s annual survey Global Market Outlook for Solar Power is testament to the ongoing photovoltaics boom: In 2024, 597gigawatts (GW) of new capacity was installed globally – a plus of 33 percent, and a new milestone.
Solar energy accounted for 81 percent of the global renewable energies deployment, having doubled the total worldwide capacity to more than 2.2 terawatts (TW) in just two years. The report’s Medium Scenario expects a rise to 655 GW for 2025. The Global Market Outlook for Solar Power was presented at the Intersolar Europe Conference in May 2025.
And the success story of solar energy continues: By 2029, the annual installed capacity could be up to 930 GW, paving the way towards a terawatt industry by 2030.
https://www.intersolar.de/news/global-solar-m...for-growth
icymi
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