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Home  /  Technology Reviews  /  Solar Energy Stats for 2024

Solar Energy Stats for 2024

Jessica Hanshaw August 23, 2024 Technology Reviews Comments are off

Many governments have set ambitious targets around achieving net zero and transitioning to renewable energy. The three major renewable energy sources are wind, hydropower (water, including tidal) and solar.

Solar energy is perhaps now the fastest-growing of the three mentioned above. Over the past few years, energy from solar has been responsible for around three-quarters of the overall renewable energy capacity increase.

The Power of Sunlight as an Energy Source

Just 90 minutes of sunlight could generate enough energy to meet the world’s energy needs for a whole year

Carbon Dioxide Emissions

Generating 3,000 kWh from solar panels, as opposed to from a power station that runs on gas, can save more than a tonne of CO2 emissions.

Global Solar Capacity

By the end of 2023, the world’s total solar capacity reached an impressive 1.6 terawatts (TW). Such is the current (and expected) rate of growth, this figure is predicted to exceed 4.5 TW by 2050.

Global Leaders

China leads the way when it comes to solar energy and is in fact likely to meet its own 2030 solar targets six years early. In 2022, China’s total solar power capacity exceeded 600 GW.

The second largest contributor is the USA. In Europe, Greece, Hungary and Spain lead the pack.

Solar Energy in the UK

More than a million homes across the UK now utilise solar power. As of the end of March 2024, the UK’s total solar capacity was around 15.8 GW.

Solar panel installation in Portishead

If you are interested in adding solar panels to your property, there are a number of specialist installers who offer solar panel installation Portishead and the nearby areas. A number of these, such as https://redbridgeandsons.co.uk/solar-pv-panels/solar-panel-installers-portishead, also have useful online resources for you to read.

Economic Benefit

As well as the obvious environmental benefits, the solar industry is an increasingly large employer, boosting economic growth and helping reduce unemployment. In the UK alone, there are more than 6,000 people employed in the sector – a number that will only increase.

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About Author

Jessica Hanshaw

Hello guys! My name is Jessica ; God creates me with lots of creative ability. But you know what? I never realized my hidden creativity characteristic and I tried to do a lot of thing in my life which put me on the wrong platform all the time.

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