Solar power

Solar power harnesses the sun's energy, which is virtually limitless and available worldwide. In one hour, the Earth receives as much energy from the sun as the entire population of the planet uses in a year. Large-scale solar farms can capture this abundant resource, making solar a reliable and sustainable energy option.

Solar energy technology has matured and come down significantly in cost. Once a solar farm is built, operating costs are minimal. The fuel (i.e. sunlight) is free, and solar panels have low maintenance requirements, providing long-term cost benefits compared to many fossil-based energy sources.

Solar power generation only occurs during the day, but energy storage systems like batteries allow excess electricity generated during sunny periods to be stored and used at night or during cloudy weather. This ensures a consistent and reliable power supply.Solar power is the fastest-growing technology in the global energy mix. According to the International Energy Agency (IEA), solar power is growing so fast that it is projected to be a bigger energy source than both coal and natural gas by 2027.