Climate Changed
China, India Lead Global Solar Power Expansion
- Scale and speed of construction are reducing costs: IEEFA
- New solar capacity added last year jumped 31% from 2016
Solar and Wind Power Dominate Electricity's Future
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India and China are driving a rapid global expansion in large-scale, solar power developments as the cost of building new projects falls, according to an analysis by Institute for Energy Economics and Financial Analysis.
“Solar energy is taking an increasingly prominent role in driving the ongoing transformation of global electricity generation markets alongside gains in storage, wind, hydroelectricity and energy efficiency,” IEEFA said in a report.