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Solar panel capacity will soon overtake nuclear worldwide for the first time

Solar panel capacity to overtake nuclear energy next year in historic landmark, Solar still generates less electricity than nuclear but it is growing rapidly, Independent, Ian Johnston Environment Correspondent , @montaukian, 22 Aug 17, Solar panel capacity is set to overtake nuclear worldwide for the first time within the next few months, according to expert predictions.

The total capacity of nuclear power is currently about 391.5 gigawatts but the total capacity of photovoltaic cells is expected to hit 390 gigawatts by the end of this year with demand growing at up to eight per cent per year, according to GTM Research…

Stephen Lacy, writing on GTM’s website, said: “It’s still going to be a record-breaking year for new solar capacity additions – yet again…..

Mr Lacy said: “In the last three years, growth rates and cost reductions for solar have far exceeded projections. Meanwhile, high costs, slow construction and competitive renewable alternatives are causing the global nuclear industry to falter.

“The trend lines are becoming clearer every year.”

The Sun delivers enough energy to the Earth in an hour to provide humans with everything they need for an entire year.

August 23, 2017 - Posted by Christina Macpherson | 2 WORLD, renewable