India, US & Middle East to add 100 GW solar in 2025

According to Wood Mackenzie, India, the US and Middle East will add 100 GW solar in 2025, while China remains the largest global solar manufacturer.

By Nandini Yelabaka 03 May 2025 in Project Bytes

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TOPCon and HJT technologies are set to replace PERC, improving module performance. Image Credit/Source: TheOtherKev/ Pixabay

India, the US, and the Middle East are expected to add 100 GW of solar capacity in 2025, according to recent Wood Mackenzie. China is set to continue as the largest solar manufacturer, holding about 75% of global capacity for key module components. The report notes that after two years of price decline, module prices are expected to increase, affecting industry dynamics. A shift toward advanced technologies like TOPCon and HJT is anticipated, gradually replacing PERC in large-scale projects and improving technical performance. The solar sector may also encounter policy uncertainties, as elections in multiple countries have created a more unpredictable regulatory environment, which could influence market development and investment decisions across regions.

#India #MiddleEastSolar #USRenewables #WoodMackenzie

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