nuclear-news

Amid an energy crisis, the renewables juggernaut gathers pace

The continuing collapse in the cost of renewables offers a stark contrast to
skyrocketing fossil fuel prices – and a cause for optimism. As emissions
continue to rise and governments fail to respond with anything like the
urgency required, it’s tempting to conclude that the prospects for a
liveable planet are growing dim.

But as spring arrives, there is one
striking spark of light. Sunlight, to be precise – captured on solar
panels and pumping out electrons down the wires, on a scale unimaginable
even a decade ago.The amount of solar installed worldwide doubled between
2022 and 2024 alone. In the first three quarters of 2025, it accounted for
83% of all new electricity-generating capacity. Key to this is the
continuing collapse in costs, which have fallen by close to 90% per kWh in
just the last decade.

Crucially, the cost of batteries – essential for
storing the power generated – has plunged by a similar amount in that
time. In his new book, Here Comes the Sun, veteran environmentalist Bill
McKibben highlights some of the consequences of this double whammy in price
and pace. In Pakistan alone, to give one example, enough solar has been
installed in the last 18 months to account for one-third of the country’s
current grid capacity.

 Positive News 25th March 2026, https://www.positive.news/environment/energy/amid-an-energy-crisis-the-renewables-juggernaut-gathers-pace/

April 28, 2026 - Posted by Christina Macpherson | renewable