Clean electricity sources met all growth in global electricity demand in 2025, preventing an increase in fossil generation.
Solar photovoltaic (PV) uses electronic devices, also called solar cells, to convert sunlight directly into electricity. It is one of the fastest-growing renewable energy technologies and is playing an
US Solar Market Insight is a quarterly publication of Wood Mackenzie and the Solar Energy Industries Association (SEIA).
Clean energy generation exceeded demand for the first time in 2025 Annual change in electricity generation versus demand, terawatt-hour Demand Solar Other clean
The regional growth in natural gas-fired generation responds partly to the growing electricity demand from data centers. U.S. generation fueled by coal increased by 13% in 2025 to
In 2022, the world added more new solar capacity than all other energy sources for electricity combined. Global energy generation from solar photovoltaic (PV) panels, which convert
The lifetime cost per kWh of new solar and wind capacity added in Europe in 2021 will average at least four to six times less than the marginal generating costs of
The demand for electrical energy in Spain increased in 2025 and registered a 2.8% rise. Factoring in the calendar effect and temperatures, this increase was 1.6%. This year, nearly 10 new GW of installed
Note: ERCOT=Electric Reliability Council of Texas In our most recent Short-Term Energy Outlook (STEO), we forecast that annual electric power generation from utility-scale solar will
The world generated 2,109.76TWh of electricity from solar in the first nine months of the year, a 31% increase over the same period in 2025.
As the world''s energy needs increase and electricity makes up a growing share of final energy consumption, spectacular solar growth, alongside increased wind generation, met and
Benefitting from favorable policies and declining costs of modules, photovoltaic solar installation has grown consistently. In 2023, China added 60% of the world''s new capacity. Between 1992
Solar PV and wind will account for 95% of global renewable expansion, benefiting from lower generation costs than both fossil and non‑fossil fuel alternatives. Over
We forecast wind capacity additions will increase by around 8 GW in 2025 and 9 GW in 2026, slight increases from the 7 GW added in 2024. In contrast to solar and wind, generating
The EU''s electricity transition reached a new milestone in 2025 with wind and solar generating more power than fossil fuels.
Solar PV accounts for almost 80% of the global increase, followed by wind, hydropower, bioenergy and geothermal. In more than 80% of countries
Welcome to the Global Market Outlook for Solar Power 2025-2029 The year 2024 was a true landmark year for solar power. Global solar installations reached nearly 600 GW – an
Solar power generation, 2025 Electricity generation from solar, measured in terawatt-hours.
Renewable Energy Progress Tracker Explore electricity, heat and renewable fuels data from Renewables 2025 and renewables ambitions by 2030
In the first half of 2025, Germany and many other European countries generated more solar power than ever before. This was offset by lower electricity generation from wind energy.
While growth in power generation has come from all sources, there has been a surge in investment in renewables, led by solar PV, which constitutes more than
India Energy Outlook 2021 explores the opportunities and challenges ahead for India as it seeks to ensure reliable, affordable and sustainable energy to a growing population. The report examines
Oversupply, when generation exceeds customer electricity demand In 2024, CAISO curtailed 3.4 million megawatthours (MWh) of utility-scale wind and solar output, a 29% increase
Solar generates more energy in US than coal for first time Jun 11 2026 06.00 EDT Labor to set terms for datacentre and AI growth as it vows not to repeat mistakes of resources boom Jun 11
This column highlights the rapid growth of solar PV driven by its strong cost competitiveness, contribution to energy security, and role in decarbonization. While 2025 saw record
The strongest net electricity producer was wind power, followed by photovoltaics, which increased its production by 21 percent and thus overtook
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