The global solar market is heading for its first contraction in more than 20 years after hitting a new record of 664 GW in installations in 2025, although that marked a slowdown of growth to 12% year-over-over.

The world’s solar fleet surpassed 3 TW in early 2026 but with China forecast to install less solar this year than last, the global solar market appears on course for its first…

The global solar market is heading for its first contraction in more than 20 years after hitting a new record of 664 GW in installations in 2025, although that marked a slowdown…