{"id":351232,"date":"2023-04-05T14:07:14","date_gmt":"2023-04-05T14:07:14","guid":{"rendered":"https:\/\/sandbox.lightsourcebp.com\/news\/5-reasons-solar-power-can-turbocharge-renewable-energy-market-2023\/"},"modified":"2024-04-15T04:16:35","modified_gmt":"2024-04-15T04:16:35","slug":"5-reasons-solar-power-can-turbocharge-renewable-energy-market-2023","status":"publish","type":"post","link":"https:\/\/sandbox.lightsourcebp.com\/gr\/news\/5-reasons-solar-power-can-turbocharge-renewable-energy-market-2023\/","title":{"rendered":"5 reasons solar power can turbocharge the renewable energy market in 2023"},"content":{"rendered":"
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5 reasons solar power can turbocharge the renewable energy market in 2023<\/h1>\n <\/div>\n <\/div>\n <\/div>\n\n
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As the cost-of-living crisis bites this winter, it\u2019s clear that we need an alternative to the fluctuating prices of fossil fuels. One of the clearest lessons of 2022 was the importance of speeding up the transition to renewable energy in 2023.<\/p>\n

The good news is that solar power is poised to put the world on a more optimistic path. In fact, as a result of falling costs and incentives around energy security, solar is not only expanding but set to overtake other energy sources by 2027<\/a>.<\/p>\n

The bright future of solar<\/h3>\n

\"\"<\/a>Amid the bleak headlines, renewable power is on the rise: that\u2019s the message coming loud and clear from the International Energy Association<\/a>.<\/p>\n

According to IEA\u2019s latest research, global renewable power capacity is expected to grow by 2,400GW<\/a> between 2022 and 2027 \u2013 equivalent to the entire power capacity of China today. This is 30%<\/a> higher than the growth it forecast just a year ago.<\/p>\n

Solar has a vital role to play in this transition. Global solar energy capacity is set to triple<\/a> by 2027, surpassing coal to become the largest source of power in the world.<\/p>\n

But to reach net zero by 2050, even this growth is not enough. We need a five-fold increase every year between now and 2030 to reach climate change goals.<\/p>\n

Here are five reasons why large-scale, ground-mounted solar is a smart way to build a carbon-neutral energy system.<\/p>\n

5 benefits of solar<\/h2>\n

1. Solar works with nature<\/h3>\n

Solar projects work alongside agriculture, not against it.<\/p>\n

Farmers can send their livestock to graze safely amongst the photovoltaic panels, giving the animals uninhibited access to the plants beneath them and even providing pleasant shade during the hotter months.<\/p>\n

It\u2019s a win-win for farmers and the planet. Livestock grazing helps keep the soil healthy, providing a natural fertiliser while munching away invasive plant species. Farmers, meanwhile, gain a valuable additional income source and free access to productive land.<\/p>\n

Sharing land in this way allows biodiversity, rural economies and clean energy to grow in harmony. That\u2019s why we\u2019re already taking this approach<\/a>, from Wales to Pennsylvania.<\/p>\n\n <\/span>\n <\/div>\n <\/div>\n <\/div>\n\n

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