Aside from helping to protect the environment through the reduction of fossil fuel consumption, solar power also boosts the economy — providing jobs, adding to the technology base, and giving businesses opportunities for cost savings on operating expenses.
Solar power was the fastest-growing source of new energy globally in 2016, the latest year for which data is available, outpacing growth in all other forms of power generation for the first time. And the future is only getting brighter: The International Energy Agency (IEA) predicts that solar energy will continue to dominate the alternative energy sector, with global capacity in five years expected to be greater than the current combined total of India and Japan’s power capabilities.(…)
