New Energy
Global Solar Installations on Track for Another Record Year
This article is for subscribers only.
Solar capacity around the world will be installed at a record pace in 2024, as bargain panel prices help countries’ efforts to deploy cleaner energy.
Global additions are set to hit 593 gigawatts this year, a jump of about 29% from last year, London-based energy research firm Ember said in a new report. The increase comes on top of a near doubling of new installations in 2023, and largely matches a forecast from BloombergNEF.