Global Market Outlook for Solar Power 2025-2029

6 May 2025

Global Market Outlook for Solar Power 2025–2029 provides an in-depth forecast and analysis of the global solar power sector, with a special focus on India’s rapid growth and emerging role as the world’s third-largest solar market.

About this report

The Global Market Outlook for Solar Power 2025–2029 is SolarPower Europe’s flagship annual publication, delivering the most authoritative analysis of solar market trends worldwide. The 2025 edition reports a record 597 GW of solar capacity installed in 2024, bringing total global capacity to 2.2 TW. With forecasts up to 2029 and a spotlight on India — now the world’s third-largest solar market — the report outlines critical challenges and solutions for sustaining growth, from policy reform to grid upgrades. It’s an essential guide for industry professionals, investors, and policymakers navigating the next stage of the energy transition.

Questions about this report
Raffaele Rossi
Head of Market Intelligence
Bethany Meban
Head of Press and Political Communications
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