Global Solar Capacity Growing Exponentially

After taking 22 years to reach its first terawatt of solar power, the world will reach its second AND third terawatt in just five years.

And this is why global power sector emissions are going to start declining.

➡️ 10 GW was passed in 2008
➡️ 100 GW was passed in 2012
➡️ 1 TW was passed in 2022.
➡️ 2 TW will be passed in 2025
➡️ 3 TW will be passed in 2027

Before long, we will be installing 1 TW solar every year. Even at a conservative 13.5% capacity factor that’s still 1,200 TWh of generation per year.

And that means solar power alone would be enough to more than cover rising electricity demand (per the IEA STEPS and APS scenarios).

And that’s without even counting new wind, hydro, nuclear, etc.