In 2025, solar PV set new annual growth records for both installed capacity (510 GW) and electricity generation (636 TWh). This remarkable expansion has also brought economic and technical challenges, including negative wholesale electricity prices and increased curtailment. Solar PV accounts for almost 80% of the global. In our latest Short-Term Energy Outlook (STEO), we expect U. electricity generation will grow by 1. The three main dispatchable sources of electricity generation (natural gas, coal, and nuclear) accounted for 75% of. Renewable sources of electricity generation are continuing to grow strongly around the world, with global capacity expected to more than double by 2030, according to the IEA's latest medium-term forecast.
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