Between 2023 and 2027, it is forecast that China will be the leading country in terms of new solar PV (photovoltaic) capacity installations, with a total of one terawatt on a high end scenario and 764 gigawatts on a low end scenario. The United States is expected to install 315 gigawatts of solar PV capacity by 2027 on a high end scenario. In 2022, there were 239 gigawatts worth of new PV
Projected new installations of solar PV capacity worldwide between 2023 and 2027, by select country (in gigawatts)
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Solar energy industry worldwide
Overview
6
- Basic Statistic Global cumulative renewable capacity installed 2023, by technology
- Premium Statistic Global renewable electricity generation 2022, by source
- Basic Statistic Renewable energy capacity added globally 2022, by technology
- Premium Statistic Percent change in global electricity generation 2022, by source
- Premium Statistic Global share of solar consumption 2022, by country
- Basic Statistic World's largest solar PV power plants worldwide 2023
Capacity
5
- Basic Statistic Global solar photovoltaic capacity by region 2023
- Basic Statistic Global cumulative solar PV capacity 2022, by select country
- Premium Statistic Solar PV - new installed capacity worldwide 2000-2022
- Basic Statistic Solar PV capacity - new installations worldwide by country 2022
- Basic Statistic Global solar PV capacity installations 2022
Generation
5
- Premium Statistic Global solar energy production 2009-2021
- Premium Statistic Electricity production from solar worldwide 2021, by region
- Premium Statistic Electricity production from solar worldwide 2022, by country
- Premium Statistic Share of solar electricity generation worldwide 2010-2022
- Premium Statistic Global share of solar power in overall electricity mix 2022, by country
Cost of solar
6
- Premium Statistic Global solar PV installed cost 2010-2022
- Premium Statistic Global solar PV capacity factor 2010-2022
- Premium Statistic Global average LCOE of solar PV 2010-2022
- Premium Statistic Global utility-scale solar PV systems cost 2022, by select country
- Premium Statistic Global LCOE in solar PV systems by key country 2021
- Premium Statistic Global CSP installed cost 2010-2022
Solar components
5
- Basic Statistic Global module manufacturing production 2000-2022
- Premium Statistic Distribution of solar cells manufacturing capacity 2021, by country or region
- Basic Statistic Global PV cell manufacturing distribution by region 2022
- Premium Statistic Distribution of solar modules manufacturing capacity 2021, by country or region
- Basic Statistic Global PV module manufacturing share 2022 by country
Companies
5
- Premium Statistic Global solar firms based on market capitalization 2024
- Premium Statistic Major global solar PV manufacturers 2022, by cell production
- Premium Statistic Major global solar PV manufacturers 2022, by module production
- Premium Statistic Global market share of solar PV crystalline and thin-film module manufacturers 2021
- Basic Statistic Global PV inverter market share by shipments 2022
Investments
4
Outlook
4
- Premium Statistic Total global solar PV capacity forecast 2015-2027
- Premium Statistic New installations of solar PV capacity forecast 2015-2027
- Premium Statistic Global new solar PV capacity forecast by select country 2023-2027
- Premium Statistic Projected global demand of annual floating solar PV energy 2018-2031
Further related statistics
18
- Newly installed solar power capacity China 2015-2022
- Cumulative installed solar power capacity China H1 2020, by region
- Global solar PV cumulative installed capacity share by country 2019
- Japan's market segmentation of solar industry by sector 2016
- New Brunswick's photovoltaic power capacity 2012-2016
- Japan's installed solar capacity 2013-2016
- Nova Scotia's solar photovoltaic power capacity 2012-2016
- Japan's installed solar capacity projection 2015-2020
- Newfoundland & Labrador's solar photovoltaic power capacity 2012-2016
- Commercial solar power capacity in the U.S. 2019, by company
- British Columbia's photovoltaic power capacity 2012-2016
- Alberta's photovoltaic power capacity 2012-2016
- Global solar PV capacity installations 2022
- Saskatchewan's capacity for photovoltaic power 2012-2016
- Ontario's photovoltaic power capacity 2012-2016
- U.S. corporate capacity of installed solar energy 2008-2022
- Global installed prices of residential PV by key country 2017
- Power generation volume from residential PV Japan FY 2012-2019
Further Content: You might find this interesting as well
Statistics
- Newly installed solar power capacity China 2015-2022
- Cumulative installed solar power capacity China H1 2020, by region
- Global solar PV cumulative installed capacity share by country 2019
- Japan's market segmentation of solar industry by sector 2016
- New Brunswick's photovoltaic power capacity 2012-2016
- Japan's installed solar capacity 2013-2016
- Nova Scotia's solar photovoltaic power capacity 2012-2016
- Japan's installed solar capacity projection 2015-2020
- Newfoundland & Labrador's solar photovoltaic power capacity 2012-2016
- Commercial solar power capacity in the U.S. 2019, by company
- British Columbia's photovoltaic power capacity 2012-2016
- Alberta's photovoltaic power capacity 2012-2016
- Global solar PV capacity installations 2022
- Saskatchewan's capacity for photovoltaic power 2012-2016
- Ontario's photovoltaic power capacity 2012-2016
- U.S. corporate capacity of installed solar energy 2008-2022
- Global installed prices of residential PV by key country 2017
- Power generation volume from residential PV Japan FY 2012-2019
SolarPower Europe. (June 30, 2023). Projected new installations of solar PV capacity worldwide between 2023 and 2027, by select country (in gigawatts) [Graph]. In Statista. Retrieved May 13, 2024, from https://www.statista.com/statistics/1024149/forecast-for-new-installations-of-solar-energy-capacity-by-country/
SolarPower Europe. "Projected new installations of solar PV capacity worldwide between 2023 and 2027, by select country (in gigawatts)." Chart. June 30, 2023. Statista. Accessed May 13, 2024. https://www.statista.com/statistics/1024149/forecast-for-new-installations-of-solar-energy-capacity-by-country/
SolarPower Europe. (2023). Projected new installations of solar PV capacity worldwide between 2023 and 2027, by select country (in gigawatts). Statista. Statista Inc.. Accessed: May 13, 2024. https://www.statista.com/statistics/1024149/forecast-for-new-installations-of-solar-energy-capacity-by-country/
SolarPower Europe. "Projected New Installations of Solar Pv Capacity Worldwide between 2023 and 2027, by Select Country (in Gigawatts)." Statista, Statista Inc., 30 Jun 2023, https://www.statista.com/statistics/1024149/forecast-for-new-installations-of-solar-energy-capacity-by-country/
SolarPower Europe, Projected new installations of solar PV capacity worldwide between 2023 and 2027, by select country (in gigawatts) Statista, https://www.statista.com/statistics/1024149/forecast-for-new-installations-of-solar-energy-capacity-by-country/ (last visited May 13, 2024)
Projected new installations of solar PV capacity worldwide between 2023 and 2027, by select country (in gigawatts) [Graph], SolarPower Europe, June 30, 2023. [Online]. Available: https://www.statista.com/statistics/1024149/forecast-for-new-installations-of-solar-energy-capacity-by-country/