The power of global installed solar energy systems this year is expected to grow by 29 percent compared to last year, reaching 593 Gigavatts, which will become a record and exceed the forecasts of the sector.
According to the report of the International Energy Analytical Center Ember, the world solar energy power continues to grow after an increase of 87 percent in 2023.
In the period from January to July, 292 gigavatts of new power was put into operation, it is expected that when maintaining this pace in 2024, 593 gigavatts of solar energy will be added, which is 29 percent more compared to 2023.
It is assumed that this growth will surpass the forecasts of the sector and become a record.
China, the USA, India, Germany and Brazil will have 75 percent of the total power introduced this year.
It is expected that China, where in the first half of the year there was an increase in capacities by 28 percent compared to the same period last year, will establish 334 Gigavatts this year and will take 56 percent of the total new input on a global scale.
In India this year, 23 gigavatts of solar energy is expected to put into operation.
In Turkey, the growth of solar energy power is twice the last year’s indicator
According to Ember, Türkiye is one of countries with the greatest acceleration of the installation of solar energy systems compared to last year.
In Portugal, from January to July, solar plants increased by about 2.3 times compared to the same period last year, which is the highest rate, after which Turkey and India follow. In these countries, the power of solar energy this year is 2.1 and 1.8 times more, respectively, compared to last year.
On average, in the world over the specified period, the installation of solar energy increased by 1.3 times.
Analysis shows that the increase in solar energy this year will exceed the total capacity of coal power plants put into operation since 2010 (540 Gigavatts).
EUAN GREM EUBER analyst, commenting on the report, noted that solar energy again surpassed expectations, adding that “the sun also becomes the cheapest source of electricity on a global scale.”
“strong growth in large markets in combination with rapid development in other regions leads to an unprecedented increase in solar power. The countries should plan the future, focusing on solar energy in order to maximize the advantages of the cheap energy that it offers,” he added.