The average annual G W! Is 540! International Energy Agency: Global PV Installed Capacity Growth Will Be fatigue in the Next 10 Years

2025-11-17 09:02:51

The report points out that countries with insufficient access to electricity are facing challenges such as high financing costs, debt pressures and tight development budgets. At present, the progress of electrification is slow, and if we follow the current trend, it will be difficult for the world to achieve the goal of universal electricity consumption in the next decade or even by the middle of this century.

On November 12, the International Energy Agency (IEA) released its World Energy Outlook 2025 report, which predicts that by 2035. The newly installed capacity of solar photovoltaic in the world is estimated to be 540 GW annually.

The report points out that renewable energy is the fastest growing major energy source in all scenarios, with solar photovoltaic leading the way. However, under the "Current Policy Scenario" (CPS), which considers only currently implemented policies and regulations, global annual solar capacity additions will remain at 2024 levels and grow fatigue as the challenges of grid access and system integration intensify.

Even so, the share of renewable energy in the global power generation mix will increase from about one-third in 2024 to nearly half in 2035. However, coal will remain the largest single source of electricity for the next decade.

However, under the established policy scenario (STEPS), due to policy changes, the installed capacity of renewable energy in the United States by 2035 is expected to decrease by about 30% compared with last year. However, renewable energy continues to expand rapidly worldwide.

China will continue to be the world's largest renewable energy market, expected to contribute 45% – 60% of the world's new installed capacity in the next decade, and will remain a major manufacturer of most renewable energy technologies.

The report also points out that speeding up the renewal of photovoltaic power plants and replacing old components with today's high-efficiency components can not only cope with the mismatch between supply and demand in the current market, but also significantly improve power generation capacity. According to the IEA analysis, if the average efficiency of modules increases by 2 percentage points, the power generation under the same installed capacity can increase by more than 10%; if the renewal speed is accelerated, the global photovoltaic power generation is expected to increase by about 15% by 2035.

The report also points out that the pattern of the global energy market is increasingly being influenced by a number of emerging economies, including India and Southeast Asian countries . And includes parts of the Middle East , Latin America and Africa. The IEA said that these emerging economies are "taking over China's baton", but also pointed out that it is difficult for any single country to fully replicate China's energy development path.

Finally, the report points out that countries with insufficient access to electricity are facing challenges such as high financing costs, debt pressures and tight development budgets. At present, the progress of electrification is slow, and if we follow the current trend, it will be difficult for the world to achieve the goal of universal electricity consumption in the next decade or even by the middle of this century.

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The report points out that countries with insufficient access to electricity are facing challenges such as high financing costs, debt pressures and tight development budgets. At present, the progress of electrification is slow, and if we follow the current trend, it will be difficult for the world to achieve the goal of universal electricity consumption in the next decade or even by the middle of this century.

2025-11-17 09:02:51

According to SEIA data, more than 500 new projects are at risk of "stalling" because they have not yet received all the federal, state and local permits needed for deployment, including 73 GW of solar power projects and 43 GW of energy storage projects, totaling nearly 116 GW of new installed capacity.

2025-11-11 13:06:06

According to foreign media reports, on September 16, the Saudi Power Purchasing Company (SPPC) announced the launch of the seventh round of the National Renewable Energy Program (NREP) pre-qualification (RFQ) tender announcement for solar and wind energy projects.

2025-09-22 17:40:23

According to the Islamic Republic News Agency on September 22, Iran and China's photovoltaic enterprises signed a 7 GW solar module procurement agreement, which was funded by the Iranian National Development Fund.

2025-09-22 17:34:23

According to foreign media reports, on September 12, India's Ministry of New and Renewable Energy (MNRE) issued a draft amendment proposing to include solar wafers in the list of approved models and manufacturers (ALMM).

2025-09-16 18:02:27

It is reported that DEWA, located in Dubai Mohammed Bin Rashid Al Maktoum Solar Park, is in the bidding stage of the seventh phase of the project, which will build 2G W photovoltaic solar power plant and 1.4G W/8G Wh battery energy storage system. After completion, the project will become one of the largest integrated optical storage projects in the world.

2025-09-10 15:24:23

According to foreign media reports, the shares of Swiss photovoltaic company Meyerberg may be delisted from the Swiss Stock Exchange (SIX). According to the latest announcement of the SIX Group Regulatory Board, it has approved the delisting application submitted by the SIX Exchange Regulatory Authority (SIX Exchange Regulation).

2025-09-10 09:22:27

According to the China Trade Relief Information Network, on July 22, the European Commission announced that. Application filed on Apr. 18 and 19, 2025, by Interfloat Group, I. E, Interfloat Corporation and GMB Glasmanufaktur Brandenburg GmbH, The second anti-dumping and countervailing sunset review investigation was launched on solar glass originating in China to examine the impact of dumping and subsidies on EU domestic industries if the existing anti-dumping and countervailing measures were abolished.

2025-07-28 17:56:47

Wood Mackenzie believes that the long-term outlook for renewable energy in the United States is facing a downward trend, and predicts that with the elimination of tax credits, the 10-year installed capacity of solar energy may fall by 17% to a low of 375 gigawatts of alternating current. In addition, the installed capacity of wind power will decrease by about 20% in 10 years, and the uncertainty in the future will further increase.

2025-07-15 11:12:56

According to foreign media reports, on July 1, local time, the U.S. Senate voted 51-50 to pass President Trump's comprehensive tax cuts and spending bill (known as the "Big and American" bill).

2025-07-02 17:30:07

According to Reuters, a senator in the U.S. Senate has proposed to completely eliminate tax credits for solar and wind energy by 2028 and extend tax credits for hydropower, nuclear power and geothermal energy favored by the Trump administration to 2036.

2025-06-17 18:13:23

Under the terms of two separate agreements signed by the two companies, First Solar is expected to receive a tax credit of $0.96 for every $1 of tax credits in the first half of 2024.

2023-12-28 15:55:37

According to the data of Indonesian Cement Association, as of September 2025, the total demand for cement in China decreased by 3% compared with the same period last year, of which the sales of bulk cement decreased by 10%, while the sales of bagged cement remained stable, with a slight decrease of only 0.1%. In the context of the overall pressure on the market, Indocement has shown strong business resilience. The company's total sales of cement and clinker reached 14.4 million tons, down only 2% from the same period last year, outperforming the industry average.