Solar Capacity Grows 35% in Q1 2025

According to IRENA's quarterly report, renewable energy investments surpassed $150 billion in Q1 2025, with solar leading the charge. Global solar capacity grew by 35% compared to the same period last year.

Key Statistics

• China added 80 GW (44% of global)
• US installations up 45% due to Inflation Reduction Act
• Solar panel costs dropped another 12%
• Germany hit 20 GW in Q1 alone

Homeowners can now save up to 40% on electricity bills with rooftop solar. Analysts predict solar will become the world's largest electricity source by 2027.