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New energy, new environmental protection

Introduction


According to the latest report by the International Energy Agency, global energy demand is expected to grow by more than a third by 2040, driven by continued economic expansion in Asia. Oil and gas will continue to dominate the global energy mix, but their share is set to decline as renewables, led by solar PV, play an increasingly important role.

The IEA’s latest World Energy Outlook projects that solar PV will be the world’s largest source of electricity by 2040, with almost three times as much capacity as wind power and nearly four times as much as nuclear. Solar PV is already the world’s fastest-growing energy source, with capacity more than doubling every four years.

Global investments in renewable energy are expected to rise to $750 billion by 2030, with solar PV receiving the lion’s share. This is a huge increase from the $130 billion invested in 2010.


The IEA’s report is a wake-up call for policy makers and businesses around the world. It is time to embrace the unstoppable rise of solar PV and other renewables and to make the most of their enormous potential.

The cost of solar PV has fallen by more than 80% since 2010, making it one of the most competitive forms of energy. There is now enough installed capacity to meet the annual electricity needs of more than 140 million households – and the number is growing rapidly.

Solar PV is not only becoming more affordable, it is also becoming more efficient. Advances in technology are enabling solar The IEA’s report is a wake-up call for policy makers and businesses around the world. It is time to embrace the unstoppable rise of solar PV and other renewables and to make the most of their enormous potential. panels to capture more of the sun’s energy and convert it into electricity.

Solar PV is a versatile technology that can be used in a variety of applications, from large-scale power plants to small rooftop systems. It can also be used to power a wide range of devices, from phones and laptops to cars and trains.

There are now more than two million solar PV systems in the world, and the number is growing rapidly. Solar PV is particularly popular in China, where the government is investing heavily in renewable energy.

The IEA’s report is a timely reminder that we need to accelerate the transition to a clean energy future. Solar PV is a key part of the solution.