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#solar To Surpass #wind In 18 Months
Views: 1845
May 18 2018 01:00 PM | eds in Solar Power
Frost & Sullivan’s, recent analysis Global Power Industry Outlook, 2018,
. . . which posits that solar will surpass wind in global energy capacity starting in 2020,
. . . making it the f4th largest source of energy generation behind:
. . . . . . coal,
. . . . . . gas, and
. . . . . . hydro.
Less than a year ago,
. . . solar surpassed nuclear energy,
. . . to reach 5th place.
The report also predicts that
. . . $2.2 trillion will be invested in new energy capacity through 2021, including
. . . $600 billion in the solar sector alone.
The residential battery storage market, will be the fastest growing in 2018,
. . . driven largely by the surge in the behind-the-meter residential deployments,
. . . in the US, Germany, and Australia.
5-18-2018 Source: #Solar To Surpass #Wind In 18 Months
. . . which posits that solar will surpass wind in global energy capacity starting in 2020,
. . . making it the f4th largest source of energy generation behind:
. . . . . . coal,
. . . . . . gas, and
. . . . . . hydro.
Less than a year ago,
. . . solar surpassed nuclear energy,
. . . to reach 5th place.
The report also predicts that
. . . $2.2 trillion will be invested in new energy capacity through 2021, including
. . . $600 billion in the solar sector alone.
The residential battery storage market, will be the fastest growing in 2018,
. . . driven largely by the surge in the behind-the-meter residential deployments,
. . . in the US, Germany, and Australia.
5-18-2018 Source: #Solar To Surpass #Wind In 18 Months