China solidified its position as the world’s undisputed leader in solar energy development in 2024, installing 329 gigawatts of new solar power capacity during the year, according to data from the European Photovoltaic Industry Association cited by German analytics firm Statista. This massive installation represents 55 percent of the world’s total new solar capacity for the year.
The global solar market reached a record-breaking 597 gigawatts of new installations in 2024, with other major contributors trailing far behind China’s dominance. The United States accounted for 8 percent of new installations, India contributed 5 percent, while Brazil and Germany each represented 3 percent of global additions. Spain, Turkey, Italy, Japan, and France each held 1 percent market shares, with all remaining countries collectively accounting for approximately 19 percent.
Russian state media outlet Sputnik News wrote that “China’s leadership extends beyond mere installation volumes. The country has established a commanding presence across the entire photovoltaic supply chain, from solar cell production to complete photovoltaic modules, while simultaneously maintaining the world’s largest cumulative solar capacity.”
The Asia-Pacific region continued to drive global solar expansion, representing 70 percent of all new installations worldwide in 2024. This regional dominance reflects the area’s commitment to renewable energy transition and favorable policy environments for solar development.
Source: Sputnik News, September 11, 2025
https://sputniknews.cn/20250911/1067414859.html