Gdoc/Admin
Daily Data InsightsIn 2004, it took the world a year to add a gigawatt of solar power — now it takes a day

In 2004, it took the world a year to add a gigawatt of solar power — now it takes a day

A line graph depicting the average number of days it took to install a gigawatt of solar energy capacity worldwide from 2001 to 2023. The vertical axis represents the number of days on a logarithmic scale, spanning from 1 to 1000 days. The horizontal axis indicates the years from 2001 to 2023. 

In 2004, the average time was about 1 year, which is marked on the graph. A downward trend shows significant decreases in installation time over the years. By 2010, it took under 30 days, and by 2015, just over 7 days. The most notable point is in 2023, where it dropped to about 1 day on average for installation. 

The data source is attributed to IRENA (2024), with calculation by Our World in Data, and the chart is identified as CC BY, indicating it is licensed for sharing and adaptation with appropriate credit.

To mitigate the negative impacts of climate change, the world needs to quickly transition from fossil fuels to low-carbon energy sources such as solar power.

The chart shows how much this transition has accelerated in the last two decades.

In 2004, it took the world about a year to add one gigawatt of solar power capacity. By 2023, the same amount was added, on average, every single day.

For reference, a gigawatt of solar is enough to power approximately 200,000 homes in the US.

Much of this growth has been driven by China, which by 2023 accounted for about 43% of the cumulative installed capacity worldwide.

A big reason for this acceleration has been a large decrease in the price of solar panels. Since 2001, the price has dropped by about 95%, from $6.21 to $0.31 per watt.

Learn more about why renewables like solar became so cheap so fast

Our latest Daily Data Insights

See all Daily Data Insights

Get Daily Data Insights delivered to your inbox

Receive an email from us when we publish a Daily Data Insight (every weekday).

By subscribing you are agreeing to the terms of our privacy policy.