Electricity generation from U.S. solar grows 28% year-over-year

Solar continues to dominate new electricity generation capacity added to the grid in the United States, according to the Energy Information Administration''s (EIA) latest release of its Electric

Global Market Outlook for Solar Power 2025-2029

Solar experienced the fastest growth among all power generation technologies in terms of electricity output, three times as much as wind power, which was ranked second.

Solar PV Significantly Grew Globally in 2024, Bolstered by Cheaper

In 2024, the growth in electricity generation from solar PV alone surpassed that of all other renewable energy (RE) technologies combined. This is despite a substantial rebound in

Quarterly Solar Industry Update

The International Energy Agency projects significant growth for photovoltaics (PV) in 2024 over the record-breaking year in 2023. Over the next two years, virtually all new electric

Solar Market Insight Report Q3 2025

Photovoltaic (PV) solar accounted for 56% of all new electricity-generating capacity additions in the first half of 2025, remaining the dominant form of new electricity-generating capacity

The Outlook for Global Solar Energy Continues to Be Bright

Policymakers in some of the world''s largest economies are reducing support for solar power generation. Even so, Goldman Sachs Research expects rapid growth in the sector, with global

Growth of photovoltaics

From 2016 to 2022, PV has seen an annual capacity and production growth rate of around 26%, doubling approximately every three years.

Solar PV

Find up-to-date statistics and facts on the global solar photovoltaic industry.

Renewable electricity – Renewables 2025 – Analysis

Growth in utility-scale and distributed solar PV more than doubles, representing nearly 80% of worldwide renewable electricity capacity expansion. Low module costs, relatively efficient permitting processes

Solar power generation drives electricity generation growth over the

We expect the combined share of generation from solar power and wind power to rise from about 18% in 2025 to about 21% in 2027. In our STEO forecast, utility-scale solar is the fastest