Global solar power generation

What is the contribution of solar energy to global electricity production?

While the contribution of solar energy to global electricity production remains generally low at 3.6%, it has firmly established itself among other renewable energy technologies, comprising nearly 31% of the total installed renewable energy capacity in 2022 (IRENA, 2023).

How will solar PV & wind impact global electricity generation?

The share of solar PV and wind in global electricity generation is forecast to double to 25% in 2028 in our main case. This rapid expansion in the next five years will have implications for power systems worldwide.

Will solar power increase global renewable power capacity by 2030?

Globally, solar PV alone accounted for three-quarters of renewable capacity additions worldwide. Prior to the COP28 climate change conference in Dubai, the International Energy Agency (IEA) urged governments to support five pillars for action by 2030, among them the goal of tripling global renewable power capacity.

When will solar power become a global trend?

New solar capacity added between now and 2030 will account for 80% of the growth in renewable power globally by the end of this decade. Adoption accelerates due to declining costs, shorter permitting timelines and widespread social acceptance.

What is the global solar power tracker?

The Global Solar Power Tracker is a worldwide dataset of utility-scale solar photovoltaic (PV) and solar thermal facilities. It covers all operating solar farm phases with capacities of 1 megawatt (MW) or more and all announced, pre-construction, construction, and shelved projects with capacities greater than 20 MW.

What percentage of global electricity generation is renewable?

In 2028, renewable energy sources account for over 42% of global electricity generation, with the share of wind and solar PV doubling to 25%. IEA. Licence: CC BY 4.0 China accounts for almost 60% of new renewable capacity expected to become operational globally by 2028.