According to the STEPS scenario, global solar module production capacity will reach 1,546 GW by 2035, while under the APS scenario, capacity will increase to 1,695 GW. In 2023, global production capacity is 1,115 GW.
Global solar PV manufacturing capacity has increasingly moved from Europe, Japan and the United States to China over the last decade. China has invested over USD 50 billion in new PV supply capacity – ten times more than Europe − and created more than 300 000 manufacturing jobs across the solar PV value chain since 2011.
In 2023, global production capacity is 1,115 GW. The IEA said China is expected to maintain its lead in solar production, but its global market share may decline slightly as manufacturing expands elsewhere and incentives drive growth.
In the last years, global solar module production has increased considerably. In 2023, the world increased its module production by more than 230 gigawatts. Some of the largest solar module-producing companies include Longi Green Energy Technology, JinkoSolar, and Trina Solar.
China dominates the board with over 80% share of polysilicon production—the essential raw material for most solar panels. While this concentration brings economies of scale, it also creates critical
Global production of solar modules reached 728 GW in 2024. This represents an 18.5% increase on 2023, which equates to a significant slowdown when compared to the 61.7% year-on
Global capacity for manufacturing wafers and cells, which are key solar PV elements, and for assembling them into solar panels (also known as modules), exceeded demand by at least
Solar PV manufacturing capacity and production by country and region, 2021-2027 - Chart and data by the International Energy Agency.
Global solar production capacity reached almost 800 GW at the end of 2023 with 330 GW of new manufacturing plants built during the year, the IEA said in its "Renewables 2023" market
Global solar installations reached nearly 600 GW – an impressive 33% increase over the previous year – setting yet another record. Solar accounted for 81% of all new renewable energy
In the last years, global solar module production has increased considerably. In 2023, the world increased its module production by more than 230 gigawatts. Some of the largest solar...
According to the International Energy Agency (IEA), global solar panel production capacity will exceed 1.5TW by 2035. Its latest report, Energy Technology Outlook 2024, covers the solar, wind
In the latest consolidated data, global PV module production reached 726 GW and manufacturing capacity reached 1,405 GW/year, with 83% of capacity located in China.
Discover where solar panels are manufactured globally. China leads with 77.8% production, but learn about quality, ethics, and alternatives in our comprehensive 2025 guide.
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