Solar PV share of renewable capacity growth vs Electricity demand growth

In 2024, solar PV share of renewable capacity growth worldwide stood at 80% (forecast), against 4.4% for electricity demand growth.

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Global, spaced by time. Both series are in %, so they share one axis; the legend names each line.

Solar PV share of renewable capacity growth and Electricity demand growth

Unit: % · 11 observations

2 series · one axis

Forecast: dashed line, hollow markers, shaded band No figure published for these periods

Solar PV share of renewable capacity growth and Electricity demand growth: GlobalSolar PV share of renewable capacity growth and Electricity demand growth. 2 indicators on one axis: Solar PV share of renewable capacity growth, Electricity demand growth. 11 observations from 2009 to 2027, ranging from -2% to 80%, of which 6 are forecasts. Latest values: Solar PV share of renewable capacity growth 80% (2024–2030); Electricity demand growth 3.8% (2027). % -20 0 20 40 60 80 2009 2012 2015 2018 2021 2024 2027 FORECAST 3.8% Solar PV share of renewable capacity growth Electricity demand growth 80%
Solar PV share of renewable capacity growth and Electricity demand growth: GlobalSolar PV share of renewable capacity growth and Electricity demand growth. 2 indicators on one axis: Solar PV share of renewable capacity growth, Electricity demand growth. 11 observations from 2009 to 2027, ranging from -2% to 80%, of which 6 are forecasts. Latest values: Solar PV share of renewable capacity growth 80% (2024–2030); Electricity demand growth 3.8% (2027). % -30 0 30 60 90 2009 2012 2015 2018 2021 2024 2027 FORECAST 3.8% Solar PV share of renewable capacity growth Electricity demand growth 80%
Solar PV share of renewable capacity growth and Electricity demand growth: GlobalSolar PV share of renewable capacity growth and Electricity demand growth. 2 indicators on one axis: Solar PV share of renewable capacity growth, Electricity demand growth. 11 observations from 2009 to 2027, ranging from -2% to 80%, of which 6 are forecasts. Latest values: Solar PV share of renewable capacity growth 80% (2024–2030); Electricity demand growth 3.8% (2027). % -30 0 30 60 90 2009 2012 2015 2018 2021 2024 2027 FORECAST 3.8% Solar PV share of renewable capacity growth Electricity demand growth 80%
View the underlying data
Solar PV share of renewable capacity growth and Electricity demand growth: Global
Indicator Period Type Value
Solar PV share of renewable capacity growth 2024–2030 Forecast 80%
Solar PV share of renewable capacity growth 2019–2024 Forecast 60%
Electricity demand growth 2027 Forecast 3.8%
Electricity demand growth 2026 Forecast 3.7%
Electricity demand growth 2025 Actual 3%
Electricity demand growth 2024 Actual 4.4%
Electricity demand growth 2021 Forecast 3%
Electricity demand growth 2020 Forecast -2%
Electricity demand growth 2015–2023 Actual 2.6%
Electricity demand growth 2010 Actual 7.2%
Electricity demand growth 2009 Actual -0.6%

Shared periods

Side by side

Only one period is published for both series. Comparing anything else would mean comparing different years.

Period Solar PV share of renewable capacity growth Electricity demand growth
2024 80% 4.4%

Provenance

Where these numbers come from

Solar PV share of renewable capacity growth

Share of forecast renewable power capacity growth attributable to solar PV.

2 observations in Global · source organisations: IEA

Electricity demand growth

Year-on-year percentage change in total electricity demand.

9 observations in Global · source organisations: IEA

Data published under CC BY 4.0. Series A as JSON · Series B as JSON

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