Analysis chart of wind solar and energy storage sectors

How many solar and wind installations are there in 2024?

China officially installed 277 GW of utility and distributed solar and 80 GW of wind in 2024, and GEM has tracked 136 GW of those utility-scale solar and wind installations to the asset level. In the first seven months of 2024, solar and wind in the United States produced more energy than coal, a first for the country.

How many GW of solar & wind installations are there in China?

GEM has tracked at least 891 GW of operating utility-scale solar and wind capacity in China. China officially installed 277 GW of utility and distributed solar and 80 GW of wind in 2024, and GEM has tracked 136 GW of those utility-scale solar and wind installations to the asset level.

What is the share of global electricity generation from different sources?

A stacked area chart showing the share of global electricity generation from different sources from 2000 to 2024. The chart highlights that clean electricity surpassed 40% of global generation in 2024. Hydro contributed 14%, nuclear 9%, wind 8%, solar 7%, and other renewables 3%.

Are utility-scale solar and wind the same?

Utility-scale solar and wind are largely equal in their prospective development, with 2 TW and 2.5 TW respectively. However, solar photovoltaic (PV) is anticipated to account for 80% of global renewable energy capacity growth until 2030, due to the expanding distributed solar market and the construction of new large-scale projects.

How will the growing solar industry in Germany affect the market?

The growing solar industry in Germany is expected to propel the growth of solar market, which, in turn, is expected to drive the market over the forecast period. It is a domestic source of energy, which allows each state to generate its own energy without reliance on any international fuel sources.

What is the global wind power tracker?

The Global Wind Power Tracker is a worldwide dataset of utility-scale, on- and offshore wind facilities. It includes wind farm phases with capacities of 10 megawatts (MW) or more. Global Energy Monitor (GEM) develops and shares information in support of the worldwide movement for clean energy.