Global Market Outlook for Solar Power 2025–2029

Global Market Outlook for Solar Power 2025–2029
Comprehensive market analysis of global solar power trends – now available for download

SolarPower Europe’s Global Market Outlook for Solar Power 2025–2029 provides a data-driven assessment of global PV market developments in 2024 and offers projections through 2029. With approximately 600 GW installed last year, solar power continues to lead new capacity additions and plays a central role in the energy transition.

The report includes:

Market forecasts under three scenarios through 2029
Regional growth analysis and technology trends
Insights on grid integration, investment frameworks, and policy design
Recommendations for enabling conditions across diverse markets

Publishers: SolarPower Europe | Solar Promotion GmbH

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Further Content

Publications

Understanding the Perspectives of Installers in the Mediterranean Energy Landscape

Issue 10 | October 9, 2024

Installers in Italy, Portugal, and Spain are shaping the solar market, expanding beyond PV to new technologies and sectors.

Publications

Understanding the Perspectives of Installers in the German Energy Landscape

Issue 9 | September 20, 2024

German installers play a key role in the energy transition, shaping the future of solar, wind, and efficient heating systems.

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PV Plant Operation, Monitoring and Artificial Intelligence Applications

Thursday, August 28, 2025, 02:00 pm - 03:30 pm

Intersolar South America Conference 2025 | Conference Program

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The smarter E Europe Conferences 2025

Setting the Scene "Off-Grid"

Wednesday, May 07, 2025, 04:00 pm - 05:30 pm

The smarter E Europe Conferences 2025 | Conference Program

Photovoltaic prices have fallen continuously in recent years - a trend that should translate into a growing market for off-grid solutions. Declining costs are crucial for rural electrification in particular, making sustainable energy supply economically viable in remote regions. However, so far many of these price advantages have not yet reached the people that need them most. Do existing framework conditions to foster rural electrification still work in this new market reality? Which measures are needed to ensure that cost reductions reach our target group? This session discusses strategies for improving the availability of low-cost off-grid solutions, financing and innovative business models. A look at successful practical examples shows which political, economic and technological levers need to be pulled to make off-grid PV accessible on a large scale.