Solar steps on the gas
Acceleration is the name of the game as the solar industry moves into the year’s final quarter. Global action on climate change is picking up as world leaders prepare to meet in Glasgow early next month for the COP26 negotiations. Reflecting this momentum, BloombergNEF now expects 191 GW of PV to be installed in 2021 – now the mid-scenario of the research company’s solar forecast.
The result would be a remarkable one for many reasons. Firstly, it would surpass the growth required for the 445 GW of solar to be installed annually through this decade, or 4,450 GW over 10 years, as set out in BloombergNEF’s “green scenario” for zero emissions by 2050. The modeling was published in the …
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