The solar expansion is led by Germany, which last year added 14-GW DC, including 6.5 GW DC of rooftop PV systems for residential use. According to Rystad Energy, solar will lead growth for the first time in 2024 both in terms of capacity and generation.
Wind power generation is also projected to increase in 2024 but it will fail to reach last year's rise by 50 TWh which was achieved on the back of capacity additions and a windier year, especially in the final quarter.
In 2024, wind generation is expected to increase by 38 TWh.
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