Growth in utility-scale and distributed solar PV more than doubles, representing nearly 80% of worldwide renewable electricity capacity expansion. Low module costs, relatively efficient permitting processes
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In our most realistic scenario, we anticipate a 10% increase in installations to 655 GW in 2025, with annual growth rates remaining in the low double digits between 2027-2029, reaching 930
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We expect national installed capacity in 2025 to contract by 28% compared to 2024, reaching 1.4 GWdc. Several state markets, including California, Massachusetts, Oregon, and
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A substantial shift is underway in 2025. Despite significant overcapacity in every segment of module component manufacturing, manufacturers have pledged to limit production.
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The IEA-PVPS 2025 Snapshot of Global PV Markets reveals a pivotal moment for solar power: global PV capacity surpassed 2.2 TW, with more than 600 GW installed in 2024 alone. As
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We expect this trend will continue in 2025, with 32.5 GW of new utility-scale solar capacity to be added. Texas (11.6 GW) and California (2.9 GW) will account for almost half of the
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In the first six months of 2025, the world added 380 GW of new solar capacity — 64% higher than during the same period in 2024, when 232 GW were installed. In 2024, it took until
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China remained the dominant market, installing between 309 GW and 357 GW and accounting for nearly 60% of all new installations. The European Union followed with 66 GW, led by Germany (17.2
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Pumped storage (note that this is included in total hydropower capacity, but not in total renewable capacity) Marine energy Wind energy Onshore wind energy Offshore wind energy Solar
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– AEO 2025 projections for cumulative PV capacity in 2050 are on average 18% higher than AEO 2023 projections and 4% lower than relevant NREL Standard Scenario projections.
Learn MoreV4V Super Power Africa is a leading energy storage equipment manufacturer and integrator based in South Africa, serving the African continent. We specialize in lithium‑ion battery storage, sodium‑ion battery storage, system‑level battery management (BMS), energy conversion systems (PCS), communication cabinets for telecom infrastructure, commercial & industrial energy storage cabinets, integrated photovoltaic storage systems, distributed energy resources, deep discharge applications, and turnkey energy storage solutions. As a full‑service energy storage equipment manufacturer, we also provide containerised BESS, modular battery racks, backup emergency power, and zero‑carbon microgrids. Our advanced lithium‑ion and sodium‑ion solutions ensure safety, scalability, and high performance for residential, commercial, industrial, and utility projects across Africa.
Our modular energy storage portfolio ranges from compact distributed energy resources to 20ft/40ft mobile containers and outdoor all‑in‑one storage cabinets. We are a leading energy storage equipment manufacturer, offering communication cabinets for 5G/telecom, server racks for data centers, and lithium‑ion & sodium‑ion battery modules with integrated BMS. Our stackable design allows flexible capacity expansion, while our grid‑forming technology ensures stable off‑grid operation. Whether for off‑grid power systems, backup emergency power, PV+storage integration or large zero‑carbon parks, our products feature advanced thermal management, PCS and EMS integration, deep discharge cycling, and compliance with South African and international standards. We also provide professional energy storage system installation and after‑sales support across Africa.