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November 18,2024

Global Solar Capacity to Exceed 7200 GW by 2030

Global Solar Capacity surged from 1.22 GW in 2000 to 1,418.97 GW in 2023, growing at 40% annually. By 2030, it’s expected to reach 5,457–7,203 GW. Solar investments, accounting for 59% of Renewable Energy funds, hit $393 billion. Technological advancements, including higher efficiency modules and reduced silicon use, drive affordability and growth.

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