Global Solar Energy Capacity Surges Amidst Technological Advancements and Policy Support

The solar energy industry worldwide is witnessing remarkable expansion, propelled by continuous technological advancements and supportive governmental policies. Innovations such as perovskite–silicon tandem cells are enhancing solar panel efficiency, potentially increasing power output by over 20% compared to traditional silicon cells. Concurrently, substantial investments are being channeled into large-scale solar projects and infrastructure development. For instance, the U.S. Department of the Interior’s recent approval of the Greenlink West transmission line in Nevada is set to unlock 4 GW of solar capacity, underscoring the nation’s commitment to expanding renewable energy infrastructure. Globally, countries are accelerating solar installations to meet climate goals, with China on track to surpass its 2030 target of 1,200 GW of utility-scale solar and wind power capacity ahead of schedule. This global momentum reflects a collective effort to transition towards sustainable energy sources, with solar power playing a pivotal role in reducing carbon emissions and combating climate change. Read more.