Policymakers in some of the world's largest economies are reducing support for solar power generation. Even so, Goldman Sachs Research expects rapid growth in the sector, with global solar installations set to rise to 914 Gigawatts (Gw) in 2030, 57% above 2024 levels. In 2024, solar photovoltaic capacity additions surpassed 600 gigawatts, accounting for over 80 percent of the total renewable power installed during that year. By breaking down solar into utility-scale and distributed capacity, the Global Solar Power Tracker provides key insights for the. Renewables 2025 includes this dynamic data dashboard which enables users to explore historical data and forecasts for all sectors and technologies. In 2025, solar PV set new annual growth records for both installed capacity (510 GW) and electricity. Elektrotim SA has signed a contract with the Polish unit of Lithuania-based Eternia Solar to deploy the power evacuation infrastructure for its 30-MW Klodzko photovoltaic (PV) farm.
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