In a landmark achievement, solar energy installations have eclipsed global coal capacity, marking a turning point in the clean energy transition. Driven by plummeting technology costs and aggressive climate policies, countries like China, the U.S., and India are spearheading this shift.
Experts highlight that government subsidies and corporate sustainability goals accelerated adoption. However, aging grid systems struggle to manage renewable intermittency.
‘Grid modernization is the next frontier,’states energy analyst Clara Mendez.
Key challenges include:
- Storage limitations for solar power
- Coal-dependent regions resisting phaseouts
- Funding gaps for infrastructure upgrades
Despite hurdles, analysts predict solar dominance will expand as costs drop further, reshaping global energy markets.