Solar PV Investment to Eclipse $500 Billion in 2024, Outpacing All Other Energy Sources Combined

The IEA has made a big forecast for the solar photovoltaics (PV) sector – $500 billion in 2024. That’s not only a big deal for solar energy but also means it will be more than all other forms of electricity generation combined. This is a big shift in the global energy landscape, driven by economic and environmental imperatives. According to the IEA’s World Energy Investment 2024 report, total energy spending will exceed $3 trillion for the first time, with $2 trillion going to clean energy technologies. Solar PV will get over $500 billion, more than all other forms of energy … Continue reading Solar PV Investment to Eclipse $500 Billion in 2024, Outpacing All Other Energy Sources Combined