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 2022, with a forecast until 2027
(in gigawatts)
Characteristic
Capacity in gigawatts
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SolarPower Europe. (June 30, 2023). Cumulative installations of solar PV capacity worldwide from 2015 to 2022, with a forecast until 2027 (in gigawatts) [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/1024067/forecast-for-total-installations-of-solar-energy-capacity/
SolarPower Europe. "Cumulative installations of solar PV capacity worldwide from 2015 to 2022, with a forecast until 2027 (in gigawatts)." Chart. June 30, 2023. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/1024067/forecast-for-total-installations-of-solar-energy-capacity/
SolarPower Europe. (2023). Cumulative installations of solar PV capacity worldwide from 2015 to 2022, with a forecast until 2027 (in gigawatts). Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/1024067/forecast-for-total-installations-of-solar-energy-capacity/
SolarPower Europe. "Cumulative Installations of Solar Pv Capacity Worldwide from 2015 to 2022, with a Forecast until 2027 (in Gigawatts)." Statista, Statista Inc., 30 Jun 2023, https://www.statista.com/statistics/1024067/forecast-for-total-installations-of-solar-energy-capacity/
SolarPower Europe, Cumulative installations of solar PV capacity worldwide from 2015 to 2022, with a forecast until 2027 (in gigawatts) Statista, https://www.statista.com/statistics/1024067/forecast-for-total-installations-of-solar-energy-capacity/ (last visited July 03, 2024)
Cumulative installations of solar PV capacity worldwide from 2015 to 2022, with a forecast until 2027 (in gigawatts) [Graph], SolarPower Europe, June 30, 2023. [Online]. Available: https://www.statista.com/statistics/1024067/forecast-for-total-installations-of-solar-energy-capacity/