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Global Solar Expansion: How Fixed-Tilt Racking Anchors the Next Wave of PV Growth

2025-06-25

The Solar Acceleration: By the Numbers

  • Historic Milestone: Cumulative global PV capacity reached 2.2 terawatts in 2025 (IEA).

  • 2024 Surge: 600 GW of new installations—equivalent to powering 90 million homes annually.

  • Regional Leaders:

    • Europe: Corporate PPAs dominated 19 GW of renewables deals (Wood Mackenzie), with Germany and Spain accounting for 60% of activity.

    • Americas: US tax credit extensions underpin 35% YoY growth in utility-scale projects.

    • Asia-Pacific: India targets 500 GW renewables by 2030, driving demand for cost-optimized solutions.

PV solar market 2024.png

2025-2030: Navigating the Transition

While 2025 faces a temporary slowdown due to module oversupply, the market will rebound by 2026 as:

  1. Grid infrastructure investments catch up

  2. Emerging markets (Brazil, Vietnam, South Africa) scale deployment

  3. Utility-scale solar and agrivoltaics diversify application needs

FarSun's Role in Building Solar Resilience

As non-tracking, fixed-tilt specialists, we address core industry challenges:
 Lifetime Value: Our MAC steel structures withstand coastal and desert environments (certified to ASTM B117-19).
 Project Economics: Simplified designs reduce BOS costs by up to 17% versus complex tracking systems.
 Adaptability: Pre-engineered kits for rooftop and ground-mount applications across 40+ countries.

Conclusion
In an era where reliability defines ROI, FarSun provides the foundational infrastructure for bankable solar assets. Partner with us to build energy resilience—without compromise.