India and China have been confirmed as leaders of a rapid global expansion in large-scale, solar power developments, according to the Institute for Energy Economics and Financial Analysis.
“Solar energy is taking an increasingly prominent role in driving the on-going transformation of global electricity generation markets alongside gains in storage, wind, hydroelectricity and energy efficiency,” IEEFA said in a report.
According to IEEFA, China and India are responsible for the world’s largest operating utility-scale solar projects.
Last year alone, China added 53 gigawatts of the 98 gigawatts of new solar capacity.
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