Recording of Monday, June 22, 2026 | The smarter E Europe Conferences 2026 | Language: English | Duration: 9:57 .

Significant Growth and Future Projections in Solar Energy

Solar energy production has seen a remarkable increase, reaching 3 terawatts in 2024, tripling its contribution to global electricity from 3% in 2020 to 9% now. The solar energy market deployed 664 gigawatts in a year, marking a 12% increase, with solar energy representing 80% of the total installed capacity. China's performance significantly impacted this growth, contributing over 100 gigawatts in just one month, leading to its dominance with nearly 50% of global solar capacity. Solar technology addresses the energy trilemma of sustainability, energy security, and affordability, making it a key component in achieving sustainable energy goals. The market is projected to experience fluctuations due to anticipated declines in China, yet long-term demand is expected to increase to 860 gigawatts per year by 2027, particularly in Southeast Asia, Africa, and the Middle East. The renewable sector aims for a total of 7.1 terawatts and remains pivotal in reaching the 11 terawatt goal established at COP28. Challenges like curtailments and permitting issues need to be addressed for sustained growth.

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Speaker

Michael Schmela
Executive Advisor & Director of Market Intelligence
SolarPower Europe
Belgium

Talk of session: Global Solar Market Outlook: What is Powering Sustained Solar Growth Around the World?

After another record year for global PV installations in 2025 - largely driven by China - the outlook for 2026 is more complex. Policy shifts in China, political headwinds in mature markets and rising geopolitical tensions are altering growth dynamics, while emerging markets are showing accelerated growth on the back of low-cost modules. This session brings together leaders from major solar markets to assess risks, opportunities and strategies in the context of sustainedglobal expansion. Key topics: Launch of the Global Solar Market Outlook 2026-2030 China's new solar strategy and policy Growth drivers in emerging markets Positioning solar in a shifting geopolitical landscape

Further Talks of this session:

The Solar & Storage Superpower: China's Next Chapter

Speaker

Corrine Lin
CEO
InfoLink Consulting Co,. Ltd.
China

To Talk

Executive Panel: How Has the New Energy Crisis Changed Solar Growth Dynamics Around the World

Speaker

To Talk