Solar power is that the quickest growing source of worldwide energy | My Page

Solar power was the fastest-growing source of worldwide energy last year, overtaking growth from all other forms, according to the International Energy Agency (IEA). The spurt is largely attributed to lower costs and changing government policies encouraging a shift away from traditional power sources, like coal. China, for instance, has played a very important role in renewable energy's prominence, accounting for nearly half of all new solar panels put in worldwide.

Many specialists are heralding a "new era" in solar photovoltaics (PV), anticipating that solar PV capability growth will be beyond the other renewable technology up until 2022. In fact, the IEA has admitted it had underestimated how fast green energy was growing, noting that several countries are set for a solar boom within the returning years. India's renewable energy capacity is expected to double by 2022, overtaking the EU.

However, the IEA has said that despite these encouraging figures, there are uncertainties ahead. Donald Trump's pledge to revive coal has put the country's position as the second fastest-growing renewables market in jeopardy, especially if the US International Trade Commission were to impose tariffs on imports of Chinese solar panels. but the forecast for currently, according to the IEA, remains bright.

source: webserveu.com