On this week's episode of #TruthtoPower, IntelStor's Founder & CEO, Philip Totaro digs into the installed capacity and market share of the global #solar market from the IntelStor Future of Renewables #marketresearch Report.

The global market for solar PV technology is 2.1TW as of the end of 2025, with global deployment in 214 countries. China is close to achieving a major milestone of more than 1 TW installed, which they should achieve before the end of 2026.

Almost every country in the world is seeing their solar PV capacity surge as installation costs are close to all-time lows, despite supply chain issues. Annual capacity additions for solar PV began the century at only 280 MW per year, and have surged to more than 10 X that amount by 2023.

By 2030, the global solar PV market will reach more than 3 TW with more than 1.9 TW or 63.7% in the Asia Pacific region. Europe will grow to a total of 562.2 GW installed followed by the Americas at 460 GW. The Africa & Middle East region will see some significant capacity growth, but will still only have just over 69 GW installed by 2030 for a global total of just 2.3%.

This show examines data driven insights for the energy sector, with a focus on renewables. To subscribe to IntelStor Research Notes and get early access to our latest content as well as these Truth to Power weekly editorials, visit https://lnkd.in/e98Z9qs3