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solar energy adoption is growing rapidly, driving the global transition to renewable energy.the top 15 countries by cumulative installed capacity (megawatts) by 2023 are shown, showing each country’s solar installed capacity by 2023 and the average annual growth rate from 2013 to 2023 (data from the institute for energy research’s statistical review of world energy 2024 report).

china's installed solar capacity far exceeds that of any other country。so far, china's installed solar capacity has reached 609,921 megawatts.the average annual growth rate is 42%, and there is no sign of slowing down.however, other small countries have even higher growth rates.brazil, vietnam and poland have all achieved extraordinary growth rates over the past 10 years, with average annual growth rates exceeding 120%.solar power is now brazil's second-largest source of electricity.

overall, the asia-pacific region is leading the solar transition, including china, japan, india, australia, south korea and vietnam.given their high energy demand and heavy reliance on coal, asian countries are working together to transition to renewable energy.。investment in renewable energy in the asia-pacific region is expected to double to $1.3 trillion by 2030, wood mackenzie said.

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