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Global solar capacity to reach 6 TW by 2031, says GlobalData

Summary by Pv Magazine USA
GlobalData says global renewable capacity will more than double to 8.4 TW by 2031, with PV reaching nearly 6 TW, a 13% compound annual growth rate from 2025 levels of 4.1 TW.From pv magazine Global GlobalData says global renewable capacity will more than double to 8.4 TW by 2031, with PV reaching nearly 6 TW, a 13% compound annual growth rate from 2025 levels of 4.1 TW. The “Renewable Energy: Strategic Intelligence” report says solar has become …
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GlobalData states that global renewable capacity will more than double to 8.4 TW in 2031, with photovoltaic energy reaching almost 6 TW, representing an annual growth rate of 13 % compared to 2025 levels, which is 4.1 TW. GlobalData states that global renewable capacity will more than double to 8.4 TW in 2031, with photovoltaic energy reaching almost 6 TW, representing an annual growth rate of 13 % compared to 2025 levels, which were 4.1 TW.

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pv magazine Australia broke the news in on Sunday, March 15, 2026.
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