Photovoltaics continues adding capacity at a rapid pace, with 2024 being a record year for solar PV deployment.
Electric vehicle (EV) sales grew 25% in 2024, contributing to an increased demand for solar and wind energy.
Daytime charging of EVs can align with solar generation, providing short-duration energy storage and supporting the growth of solar PV adoption.
By the end of the decade, the cumulative installed capacity of solar PV is expected to surpass the combined capacity of other electricity generation technologies.