Distribution of solar PV capacity additions worldwide in 2024, with a forecast until 2029, by region

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Release date

2025

Region

Worldwide

Survey time period

2024

Special properties

* Figures starting in 2025 are forecast

Supplementary notes

Figures may not add to 100 percent due to rounding. 

Citation formats

Share of new solar PV capacity forecast 2024-2029, by region

Published by
Won So,
Jan 20, 2026

In 2024, roughly ** percent of new solar photovoltaic capacity worldwide was installed in China. China's role in the global solar PV market is expected to decrease slightly in the next few years, with the country's share of new solar installations decreasing to ** percent in 2029. In that same year, Europe is forecast to account for ** percent of installed solar capacity. 

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