GITNUX MARKETDATA REPORT 2024
Solar Energy Production Statistics
Solar energy production is steadily increasing worldwide with a growth rate of around 20% per year, playing a significant role in the global renewable energy mix.
In the following blog post at https://gitnux.org/solar-energy-production/, we explore a series of key statistics highlighting the impressive growth and impact of solar energy production globally. From the significant increase in solar capacity installations to the declining costs and rising percentages of solar energy in various countries, these statistics shed light on the promising future of solar power as a sustainable and competitive energy source.
Statistic 1
"The solar industry in the U.S. continues to grow, with a record 3.8 GW of new solar photovoltaic capacity added in Q2 2021."
Statistic 2
"Solar energy provides less than 2% of U.S. electricity as of 2020."
Statistic 3
"As of 2021, China has the highest installed solar power capacity with 254 GW."
Statistic 4
"The growth rate of solar PV installations in India is estimated to be 18% over the decade from 2021-2031."
Statistic 5
"Only 0.7% of Australia's energy production was sourced from solar in 2019."
Statistic 6
"Solar energy production in Denmark increased by 33% in 2020."
Statistic 7
"Solar power generated 2.7% of the total electricity in the European Union in 2019."
Statistic 8
"Electricity production from solar energy in Germany has increased by more than 5 times between 2010 and 2019."
Statistic 9
"Worldwide, an estimated 628 GW of solar power was installed in 2020."
Statistic 10
"The cost of producing solar energy has fallen over 70% in the last decade, making it competitive with coal and gas."
Statistic 11
"In 2020, solar energy was the cheapest source of electricity for two-thirds of the world's population."
Statistic 12
"Solar power could supply one third of power in the U.S. South by 2037 if its current growth rate continues."
Statistic 13
"Solar power generation in Japan has increased by more than 140 times between 2010 and 2019."
Statistic 14
"If the current growth patterns continue, global solar capacity is projected to reach 800 GW by 2023."
Statistic 15
"Solar energy's share of total U.S. energy production was 1.8% in 2021, up from 0.1% in 2010."
Statistic 16
"Hawaii has the highest percentage of solar energy production in the U.S. at 21.7%."
Statistic 17
"Italy produced 23.7 TWh of solar electricity in 2020, covering 8.9% of the country's electricity demand."
Statistic 18
"The capacity of solar energy installations in South Africa has increased by 58% annually between 2015 and 2020."