Against the backdrop of accelerating global energy transition, solar power is reshaping the world’s energy landscape at an unprecedented pace. According to the latest report released by the IEA Photovoltaic Power Systems Programme (IEA PVPS), global PV new installations reached a record 698 GW in 2025, a year‑on‑year increase of 16%. By the end of 2025, cumulative global PV capacity had surpassed the 3 TW mark, with solar power accounting for approximately 10.5% of global electricity demand. Meanwhile, the IEA’s Global Energy Review 2025 noted that new solar PV installations worldwide exceeded 600 GW in 2025, contributing over a quarter of the total growth in global energy demand – making solar the single largest source of incremental energy supply.
China's Dominant Role
China remains the dominant force in the global PV industry. In 2025, the country’s new PV installations reached 316.57 GW, a growth of 14.05% year‑on‑year, exceeding the total new capacity added during the entire 13th Five‑Year Plan period. By December 2025, the nation’s cumulative PV installed capacity had hit 1,200 GW, a 35% increase over the previous year. These figures underscore the rapid and sustained expansion of China’s solar sector, driving significant progress in the country’s low‑carbon energy transition.
Policy Momentum
Strong policy signals have also reinforced this momentum. On 9 July 2026, the State Council officially issued the "15th Five‑Year Plan" Carbon Peaking Action Plan, which sets a clear target of raising combined wind and solar installed capacity to at least 2,800 GW by 2030. Following closely, the National Development and Reform Commission and the National Energy Administration jointly released the Renewable Energy Development "15th Five‑Year Plan", specifying that new distributed renewable energy installations during the plan period shall exceed 300 GW, with a focus on diversifying and scaling up distributed renewable applications. These strategic directives collectively indicate that the PV industry is shifting from purely capacity‑driven growth to a new stage centred on high‑quality integration and systemic synergy.
Industry Transformation
As PV installed capacity continues to expand, the industry’s focal point is strategically shifting – towards system integration capability and operational flexibility, which are emerging as critical success factors. The PV sector is now accelerating its transition from “single‑product sales” to “full‑life‑cycle services”. In 2025, the global PV operations and maintenance (O&M) market reached 348 GW, driven by the surging demand from an ever‑growing stock of installed solar plants. End‑to‑end services covering design, manufacturing, installation, and maintenance are increasingly becoming the new industry norm.
Multifit: Your Turnkey Solution
At this pivotal moment of industry transformation, Multifit, with over a decade of deep‑rooted expertise in the solar energy sector, has built a comprehensive product portfolio that spans solar panels, inverters, controllers, and a mature cleaning equipment line. Responding decisively to the industry’s shift from “selling products” to “selling services”, Multifit has now rolled out an integrated one‑stop service system that covers project design, equipment production, construction and installation, as well as cleaning and ongoing maintenance – offering customers a true “turnkey” green energy solution.
From products to services, from individual links to full‑chain integration, Multifit is steadily contributing to the growth of PV both in China and globally, backed by solid industrial experience and forward‑looking strategic planning. Together with its partners, Multifit is committed to forging a cleaner, low‑carbon, and more sustainable future.
Post time: Sep-09-2026