Solar is crushing gas growth worldwide, a new report finds

Solar energy is rapidly outpacing natural gas in terms of global growth, according to a recent report that highlights a significant shift in the energy landscape. The findings reveal that solar power installations have surged worldwide, driven by falling costs and supportive policies, while gas expansion is slowing considerably. This trend marks a pivotal moment in the transition towards cleaner energy sources, underscoring solar’s emerging dominance in the power sector. The report details how solar capacity additions have consistently exceeded those of gas for several years, with the gap widening in 2025. Factors contributing to this include technological advancements, increased investment, and heightened climate commitments by governments and corporations. Meanwhile, natural gas projects face mounting challenges such as regulatory hurdles, rising costs, and growing environmental concerns, which have collectively dampened their growth prospects. Industry experts quoted in the report emphasise the transformative impact of solar’s rapid expansion on global energy markets. They note that solar’s scalability and declining price trajectory make it a more attractive option for meeting rising electricity demand, especially in developing regions. The shift also signals a broader move away from fossil fuels, aligning with international climate goals and signalling potential changes in energy geopolitics. Looking ahead, the report suggests that solar’s momentum is likely to continue, potentially reshaping energy investment patterns and infrastructure development worldwide. However, it also highlights the need for enhanced grid integration and storage solutions to manage the intermittent nature of solar power. Policymakers and industry stakeholders are urged to accelerate efforts in these areas to fully capitalise on solar’s growth and ensure a stable, sustainable energy future.