Between 2025 and 2029, it is forecast that China will be the leading country in terms of new solar PV (photovoltaic) capacity installations, with a total of 2.4 terawatts on a high scenario and 1.7 terawatts on a low scenario. The United States is expected to install 320 gigawatts of solar PV capacity by 2029 on a high scenario. In 2024, there were almost 600 gigawatts worth of new PVĀ capacity installed worldwide.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
SolarPower Europe. (May 8, 2025). Projected new installations of solar PV capacity worldwide between 2025 and 2029, by select country (in gigawatts) [Graph]. In Statista. Retrieved June 06, 2025, from https://www.statista.com/statistics/1024149/forecast-for-new-installations-of-solar-energy-capacity-by-country/
SolarPower Europe. "Projected new installations of solar PV capacity worldwide between 2025 and 2029, by select country (in gigawatts)." Chart. May 8, 2025. Statista. Accessed June 06, 2025. https://www.statista.com/statistics/1024149/forecast-for-new-installations-of-solar-energy-capacity-by-country/
SolarPower Europe. (2025). Projected new installations of solar PV capacity worldwide between 2025 and 2029, by select country (in gigawatts). Statista. Statista Inc.. Accessed: June 06, 2025. https://www.statista.com/statistics/1024149/forecast-for-new-installations-of-solar-energy-capacity-by-country/
SolarPower Europe. "Projected New Installations of Solar Pv Capacity Worldwide between 2025 and 2029, by Select Country (in Gigawatts)." Statista, Statista Inc., 8 May 2025, https://www.statista.com/statistics/1024149/forecast-for-new-installations-of-solar-energy-capacity-by-country/
SolarPower Europe, Projected new installations of solar PV capacity worldwide between 2025 and 2029, by select country (in gigawatts) Statista, https://www.statista.com/statistics/1024149/forecast-for-new-installations-of-solar-energy-capacity-by-country/ (last visited June 06, 2025)
Projected new installations of solar PV capacity worldwide between 2025 and 2029, by select country (in gigawatts) [Graph], SolarPower Europe, May 8, 2025. [Online]. Available: https://www.statista.com/statistics/1024149/forecast-for-new-installations-of-solar-energy-capacity-by-country/