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Global solar demand on track for first annual decline in two decades
BloombergNEF lead solar analyst Jenny Chase has forecast that solar deployment will slow this year before returning to a much more conservative growth trajectory. The defining question facing the industry now is clear: what trends will step up to pull solar growth back upward?
Jun 14, 2026
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Global solar installations could reach 1 TW next year
BloombergNEF reports the world installed nearly 600 GW of solar power in 2024, closely aligning with projections that annual global solar installations will surpass 1 TW within the next few years. Although projections for 2025 currently fall short of that pace, early forecasts often underestimate actual deployment.
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Report shows car batteries can optimise power grid
A report commissioned by the Australian Renewable Energy Agency has found that if 10% of the nation’s vehicles are electric and utilise vehicle-to-grid connections, they could reduce peak electricity demand at local substations by 6% and save car owners hundreds of dollars per year on charging costs.
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