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dc • China continued to dominate the global market, representing ~60% of 2024 installs, up 52% y/y. The rest of the world was up 11% y/y. • The IEA reported Pakistan's rapid rise to fourth place in annual global PV. . Led by the rapid rise of solar PV, renewables' expansion is taking place in a context of supply chain strains, grid integration challenges, financial pressures and policy shifts. Renewables 2025, the IEA's main annual report on the sector, sees global renewable power capacity increasing by 4 600. . The global solar market is burgeoning, and it's predicted that the world will have 1 trillion watts of installed solar PV capacity by 2023.Read More Download PDF
