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Solar energy statistics 2025

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By the Numbers

Facts at a Glance Canada''s total wind, solar and storage installed capacity grew 46% in the past 5 years (2019-2024), including nearly 5 GW of new wind, 2 GW of new utility-scale solar, 600 MW of new on-site solar, and 200 MW of new

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FAQs 6

How much solar energy will be produced in 2025?

In 2025, the major contributors to solar energy production are projected to include 2341 GW from utility-scale solar projects, 3631 GW from distributed generation, and around 94544 GWh from solar thermal energy systems.

Is the solar energy industry booming in 2025?

The solar energy industry is booming in 2025. We’ve gathered over 90 key solar energy statistics to show you exactly what’s happening in this fast-growing sector. Our data comes from trusted sources. These include IEA, SEIA, Forbes, and official government reports. Each statistic has been verified for accuracy.

What happened to solar power in 2025?

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 module prices fell due to oversupply, installation volumes continued to grow, highlighting both the strength and volatility of the global PV industry.

What percentage of Americans install solar energy in 2023?

Regionally, the percentage varied significantly. U.S. homes installed 6.8 GW of solar energy capacity in 2023, a 12% increase from 2022. Among homeowners without solar power, 66.5% express interest in installing in the future. Notable statistics regarding this cohort include the following:

How many homes use solar energy in 2022?

In 2022, 4.4% of single-family homes across the U.S. generated electricity from solar panels. Regionally, the percentage varied significantly. U.S. homes installed 6.8 GW of solar energy capacity in 2023, a 12% increase from 2022.

Is solar energy a good investment in 2025?

By 2025, 34.8% of new energy investments will be directed towards solar technologies, reflecting a 9.7% increase from the previous year. With government incentives and subsidies, the transition to solar energy is becoming more feasible for both consumers and businesses alike.

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