Solar Power Set to Dominate Global Energy Mix by Century’s End, Reports Indicate
Solar power has become the world’s cheapest electricity source with installation costs dropping 90% in 15 years. Energy experts predict solar will dominate global energy supply despite current challenges in storage and grid infrastructure.
Solar’s Rapid Ascent in Global Energy Markets
Solar electricity is accelerating at an unprecedented pace, with total generation capacity doubling between 2022 and 2024 to supply 7% of the world’s electricity, according to energy analysts. The first half of 2025 marked a historic turning point as wind and solar combined generated more power than coal for the first time, making renewables the world’s leading electricity source.