This solar market report delivers an in-depth analysis of the market''s key characteristics, including size, growth potential, and segmentation. It provides a detailed breakdown of the market across major
View Details
The global solar power market is currently growing at a 12.17% CAGR with the market value projected to more than double from USD 183.7 billion in 2022 to USD 460.5 billion by 2030,
View Details
Despite the changing market and policy conditions that the solar industry has faced this year, solar will remain the dominant power source added to the grid in the next five years.
View Details
Despite these headwinds, the global solar PV market is still expected to grow by 10% in 2025, reaching 655 GW under the Medium Scenario (see Fig. 4). This would mark a continuation of
View Details
However, the expansion of the global solar photovoltaic market faces persistent hurdles. Issues such as low workforce availability, grid integration limitations, and continued support for the fossil fuel sector
View Details
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
View Details
At the end of 2024, solar was the second-largest source of U.S. generation capacity, though still a growing percentage of the U.S. electric generation mix. In 2024, solar represented
View Details
The trajectory is clear: solar is set to dominate new electricity generation in the U.S. for years to come. Financing and policy may bring turbulence, but the long-term growth path remains
View Details
The Solar Power market in the U.S. is projected to grow significantly, reaching an estimated value of USD 103.96 billion by 2032, driven by the need to combat climate change through
View Details
At the end of 2024, solar was the second-largest source of U.S. generation capacity, though still a growing percentage of the U.S. electric generation mix. In 2024, solar represented
View Details
We expect the combined share of generation from solar power and wind power to rise from about 18% in 2025 to about 21% in 2027. In our STEO forecast, utility-scale solar is the fastest
View DetailsPDF version includes complete article with source references. Suitable for printing and offline reading.
