The global solar market will continue to slow in 2025 after 2024 saw the total capacity growth rate decrease by over 50%, according to a report from SolarPower Europe (SPE).
India has nearly trebled its annual nameplate for solar cells from 9GW to 25GW between March 2024 and March 2025, according to the Ministry of New and Renewable Energy (MNRE).
US community solar has installed a record of 1.7GW in 2024, a 35% increase from 2023, according to a report from Wood Mackenzie and trade body the Coalition for Community Solar Access.