Human progress and development have forced us to develop new ways to obtain energy, which is cleaner and more environmentally friendly. Officially, various tests have shown that solar energy is the most profitable and sustainable energy source in history.This International Energy Agency (IEA) According to reports, in a recent study, it was found that solar energy is the cheapest in the world, as long as it is accompanied by policies that help its development and financing.
This 2020 World Energy OutlookA study called “Four Roads to 2040” was proposed. Among them, everyone sees an increase in renewable energy on the planet.They make sure that the main stage of the IEA has a Increase solar production by 43% by 2040 More than he thought in 2018.
Data previously processed by the IEA shows that all technologies range from 7% to 8%, depending on the development stage of each country. However, when they reviewed the evidence at the national level, they found that the cost of capital is much lower for solar energy. Increased from 2.6% to 5.0% in Europe and Europe United States, The ratio of China and India dropped from 8.8% to 10%, and from 4.4% to 5.5%.
They also clarified that the “20% to 50% cheaper” statistics apply to Companies building solar projects, Rather than directly to consumers. The cost of building plants is one of the factors that explain why the world continues to switch from coal and natural gas to electricity.
Australia gives an example
October 11, 2020, South Australia Fully powered and solar powered for 1 hour. Although this achievement does not seem important, it is the first in Australia and the world.
For the first time, a powerful country like this has been fed for an entire hour in a large officially ruled area like South Australia. If the state followed this column regularly, it would accustom more than 1.7 million residents to affordable and sustainable coverage.
Successful projects, such as The largest farm in the world Elon Musk’s solar panels and Australia’s landmark buildings have inspired investors’ confidence and hope. Economically speaking, as the business and development prospects of renewable energy are leaping forward every year, news continues to improve.