Total global solar PV capacity forecast 2015-2028

Published by Lucía Fernández, Dec 7, 2024
Global cumulative solar PV (photovoltaic) capacity has presented a trend of continuous growth since 2015. The growth in the solar market represents a shift of global markets towards renewable and distributed energy technologies. Between 2015 and 2022, figures increased by more than 900 gigawatts. Moreover, cumulative solar PV capacity is expected to surpass 3.5 terawatts by 2027, representing an increase of over 2.3 terawatts compared to 2022.

Cumulative installations of solar PV capacity worldwide from 2015 to 2023, with a forecast until 2028 (in gigawatts)

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

2024

Region

Worldwide

Survey time period

2015 to 2023

Supplementary notes

* The figures from 2024 to 2028 are projections representing SolarPower Europe's medium scenario.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Solar energy industry worldwide "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Solar energy industry worldwide

Overview

6

Capacity

6

Generation

5

Cost of solar

4

Solar components

5

Companies

6

Investments

5

Outlook

4

Further related statistics

18

Further Content: You might find this interesting as well

Statistics

Topics

Global solar photovoltaicsU.S. solar photovoltaicsSolar energy in ChinaSolar power in the UKSolar PV in Europe
All features, all contents, at all times: Learn more about our professional solutions.

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.