The solar energy industry is thriving: China takes the lead.

According to data from the German Solar Industry Association, Germany's installed capacity of solar power generation has exceeded 100 million kilowatts, ranking fourth globally, following China, the United States, and India. Globally, solar power generation will also maintain double-digit growth in the coming years.

According to forecasts by institutions such as the German Solar Industry Association and the European Photovoltaic Industry Association, by 2025, the newly added installed capacity of global solar power generation is expected to exceed 600 million kilowatts, approximately twice that of 2022. In the next few years, the global installed capacity of solar power generation will continue to grow rapidly.

Despite Germany's disadvantages in population size, land area, and sunshine hours, its solar power generation still ranks among the top. By the end of 2024, Germany's total installed capacity of solar power generation has exceeded 100 million kilowatts, second only to China, the United States, and India, which have far superior population, area, and lighting conditions. The German Solar Industry Association pointed out that in 2024 alone, Germany added 0.175 billion kilowatts of solar power generation installed capacity. Chairman König told DPA that Germany's solar growth rate in 2025 may slow slightly, especially the private residential rooftop solar panel installation market may experience a slight cooling; however, at the same time, the private residential balcony solar power generation panel market remains strong momentum.

China takes the lead.

In 2024, China's newly added installed capacity of solar power generation reached 329 million kilowatts, equivalent to twice the sum of the rankings from No. 2 to No. 10. According to data from the National Energy Administration of China, the total installed capacity of solar power generation nationwide has reached 890 million kilowatts.

With the rapid advancement of solar power generation worldwide, the transmission grid is also facing increasing challenges. To cope with the large amount of solar electricity during peak sunlight hours, the grid urgently needs larger-capacity energy storage facilities to avoid waste.

Hans Diess, former CEO of Volkswagen, who stepped down in 2022, told DPA in an interview that more electric vehicles are likely to partially take on the role of grid energy storage facilities in the near future. He pointed out that the first batch of electric vehicles with grid energy storage functions has already hit the market, which can greatly reduce car owners' vehicle usage costs. This industry executive, now working for the charging station service provider Mobility House, said that this new technology could help boost the sluggish European electric vehicle market.

Original source: https://www.toutiao.com/article/1831814529474560/

Disclaimer: The article represents the author's personal views.