Total global solar PV capacity forecast 2015-2024

Global cumulative solar PV (photovoltaic) capacity 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 2019, figures increased by 404.4 gigawatts. Moreover, cumulative solar PV capacity is expected to reach over 1.4 terawatts by 2024, this would mean an increase of nearly 794 gigawatts compared to 2019.

Forecast of cumulative installations of solar PV capacity worldwide from 2015 to 2024

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Release date




Survey time period

2015 to 2024

Supplementary notes

* The figures are projections and are derived Statista calculations, representing the mean value of EPIA's two scenarios (high and low).

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Statistics on "Global solar photovoltaic industry"

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