Solar power continues to surge in 2024

Ember analysis indicates that global solar capacity additions will reach 593 GW in 2024, a 29% increase over 2023. This growth is driven by continued dominance in China and the US, as well as emerging markets like Pakistan and Saudi Arabia, significantly exceeding several industry forecasts.

• The world is projected to install 593 GW of solar power in 2024, representing a 29% increase over the previous year's installations.
• China is expected to account for 56% of global solar capacity additions in 2024, with a projected total of 334 GW, maintaining a share similar to its 57% contribution in 2023.
• Five countries—China, the United States, India, Germany, and Brazil—are on track to provide 75% of the world's solar capacity additions in 2024.
• India's solar installations are projected to reach 23 GW by the end of 2024, a 77% increase compared to 2023, after having already surpassed its total 2023 installations by May 2024.
• In the United States, solar additions from January to June 2024 totaled 20 GW, a 55% increase over the same period in 2023, with utility-scale solar making up over 80% of these additions.
• Germany's solar additions in the first four months of 2024 reached 5 GW, exceeding its previous target of 88 GW total capacity by the end of the year; if the pace continues, it will install 17 GW in 2024.
• Export data from China indicates the emergence of new solar markets, with Pakistan importing 12.5 GW and Saudi Arabia importing 9.7 GW of solar panels in the first seven months of 2024.
• The 2024 estimate of 593 GW is nearly 200 GW higher than the International Energy Agency's (IEA) main case outlook from January 2024, though it aligns with Bloomberg New Energy Finance (BNEF) forecasts.

APA

Ember (2024). Solar power continues to surge in 2024. https://ember-energy.org/latest-insights/solar-power-continues-to-surge-in-2024

Chicago

Ember. Solar power continues to surge in 2024. 2024. https://ember-energy.org/latest-insights/solar-power-continues-to-surge-in-2024.

Wikipedia

{{cite report |author=Ember |title=Solar power continues to surge in 2024 |date=19 September 2024 |url=https://ember-energy.org/latest-insights/solar-power-continues-to-surge-in-2024 |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{ember2024solar, author = {{Ember}}, title = {{Solar power continues to surge in 2024}}, institution = {Ember}, year = {2024}, month = sep, url = {https://ember-energy.org/latest-insights/solar-power-continues-to-surge-in-2024}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }