The world is adopting renewable energy at an unprecedented pace, and solar power is leading the way. The energy transition is a major factor in the rise of renewables, but solar’s growth is partly due to how cheap it has become over time. Solar energy costs have fallen exponentially over the recent past, and it’s now the cheapest source of new energy generation.
Here are the top 20 countries with the largest solar power capacity in the world.
Rank | Country | Installed capacity |
1. | China | 254,355 megawatts |
2. | United States | 75,572 megawatts |
3. | Japan | 67,000 megawatts |
4. | Germany | 53,783 megawatts |
5. | India | 39,211 megawatts |
6. | Italy | 21,600 megawatts |
7. | Australia | 17,627 megawatts |
8. | Vietnam | 16,504 megawatts |
9. | South Korea | 14,575 megawatts |
10. | Spain | 14,089 megawatts |
11. | United Kingdom | 13,563 megawatts |
12. | France | 11,733 megawatts |
13. | Netherlands | 10,213 megawatts |
14. | Brazil | 7,881 megawatts |
15. | Turkey | 6,668 megawatts |
16. | South Africa | 5,990 megawatts |
17. | Taiwan | 5,817 megawatts |
18. | Belgium | 5,646 megawatts |
19. | Mexico | 5,644 megawatts |
20. | Ukraine | 5,360 megawatts |