@worldeconomicforum #Solar is the fastest-growing #energy source in the US, generating 27% more power last year than the year before. However, around the world, coal use is at an all-time high. The World Economic Forum has published a report, Scaling Financing for Coal Phase-out in Emerging Economies, which explores #innovative financing strategies to retire #coal plants early. Tap the link in our bio to read it. #WindPower #Renewables #EnergyTransition #CleanEnergy #windpower #solarpower #renewableenergy ♬ original sound - World Economic Forum

Seduced by the Sun: From Soweto’s Rhythm to Solar’s Reign

Just as Victony’s “Soweto” pulses with irresistible rhythm and desire, another kind of seduction unfolds—the world being drawn inexorably toward the sun’s power. The song celebrates being captivated by beauty, while the rise of solar energy celebrates humanity’s growing captivation with sunlight as the ultimate source of strength. Both remind us that attraction, whether to a person or to the promise of clean power, can reshape our movements, our choices, and even the future we dance into.

🎶 ☀️💃⚡🌍🎶🔥📈🌅🔆🇨🇳 🔊 Soweto by Victony, Omah Lay, and Tempoe

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Solar energy has moved from the margins of the energy system to its center.

In just a few years, its growth has been extraordinary, reshaping electricity markets and challenging fossil fuels. Between 2022 and 2024, global solar capacity doubled, supplying about 7 percent of the world’s electricity. By mid‑2025, wind and solar together overtook coal for the first time, marking a historic milestone in the energy transition.

⚡ Rapid Growth in Numbers

The pace of solar deployment is unprecedented. In 2024, global installed capacity reached roughly 2.2 terawatts, doubling from the level in 2022. Annual installations in 2024 alone were around 600 gigawatts, representing a 33 percent increase compared to 2023. China dominated the market, adding 357 gigawatts in a single year and accounting for more than half of global growth. The European Union followed with 62.6 gigawatts, the United States with 47.1 gigawatts, and India with 31.9 gigawatts. Solar’s contribution to electricity demand was equally striking: in 2025, it accounted for 83 percent of the increase in global electricity consumption, making it the largest source of new electricity for three consecutive years.

🌍 A Turning Point in the Energy Mix

The first half of 2025 marked a crucial turning point. For the first time, renewables became the world’s leading source of electricity, overtaking coal. Solar was the backbone of this shift, driving the majority of new capacity worldwide. Projections suggest that by 2030, renewables could add 4,600 gigawatts of new capacity, with solar contributing nearly 80 percent of that growth. This trajectory positions solar not just as a complementary technology but as the dominant force in the global energy mix.

✅ Advantages of Solar

Solar energy’s advantages explain its rapid rise. Costs have fallen dramatically, with module prices dropping due to oversupply and manufacturing scale. The technology is versatile, working at all levels from rooftop systems to utility‑scale farms. Its climate benefits are clear, offering major reductions in carbon emissions and accelerating decarbonization. Solar also enhances energy security by reducing dependence on imported fossil fuels and creates economic opportunities through job growth in manufacturing, installation, and maintenance.

⚠️ Challenges and Downward Pressures

Despite its success, solar faces significant challenges. Grid infrastructure is struggling to keep pace with rapid deployment, creating bottlenecks in integration. Heavy reliance on China for modules and components raises geopolitical and trade risks. Oversupply has led to falling module prices, which, while beneficial for consumers, squeeze manufacturer margins and threaten financial stability. Growth remains uneven, concentrated in Asia‑Pacific while Africa and Latin America lag behind. Policy volatility, including shifts in subsidies, tariffs, and permitting rules, also poses risks to sustained expansion.

🌅 Conclusion

Solar energy is now the largest driver of electricity growth worldwide. Its advantages—low cost, scalability, and climate benefits—make it indispensable, but challenges in grid readiness, supply chains, and policy stability must be addressed to sustain momentum. The balance between explosive growth and structural adaptation will determine whether solar truly powers the planet in the coming decade.

#SolarSurge ☀️ #CleanPower ⚡ #EnergyTransition 🌍 #FutureBright 🔆 #RenewablesRise 📈