December 2025
IEA PVPS has released a Fact Sheet on the report Trends in Photovoltaic Applications 2025.
This document provides a clear and concise overview of the latest global developments in PV deployment, markets, and technologies. The Fact Sheet highlights that global cumulative installed PV capacity exceeded 2 260 GW by the end of 2024, with 553–601 GW newly installed in 2024 alone, marking another record year for solar PV.
Highlights:
• Key figures on global and regional PV deployment;
• Market developments across major regions and emerging PV markets;
• Technology trends, including module efficiencies, bifacial deployment, and system applications.
This Fact Sheet is designed to help stakeholders quickly understand the current status and recent evolution of global PV markets and technologies.
