Solar is winning the energy race

AI Briefing

• – Solar power is becoming increasingly cost-competitive with fossil fuels, leading to a decline in demand for coal, gas, and nuclear energy.
• – The cost of solar panels has fallen by over 70% in the last decade, making it the most affordable option for many countries.
• – Global solar installations are expected to reach 720 GW by 2025, surpassing the 600 GW of wind power and cementing its position as the leading source of renewable energy.