4 FAQs about Global solar photovoltaic power generation data

Is solar photovoltaic the new cornerstone of the global power sector?

In the past three months, the International Energy Agency, the International Renewable Energy Agency, and BloombergNEF published preliminary data for the power sector in 2024. These data hammer the same powerful message: solar photovoltaic (PV) has become the new cornerstone of the global power sector.

What is solar photovoltaics (PV)?

Solar photovoltaics (PV) is a very modular technology that can be manufactured in large plants, which creates economies of scale, but can also be deployed in very small quantities at a time. This allows for a wide range of applications, from small residential roof-top systems up to utility-scale power generation installations.

What is the global solar power tracker?

The Global Solar Power Tracker is a worldwide dataset of utility-scale solar photovoltaic (PV) and solar thermal facilities. It covers all operating solar farm phases with capacities of 1 megawatt (MW) or more and all announced, pre-construction, construction, and shelved projects with capacities greater than 20 MW.

How much power is generated by solar PV in 2023?

Power generation from solar PV increased by a record 320 TWh in 2023, up by 25% on 2022. Solar PV accounted for 5.4% of total global electricity generation, and it remains the third largest renewable electricity technology behind hydropower and wind.

View/Download Global solar photovoltaic power generation data [PDF]

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