“When it comes to power, solar could leave nuclear and everything else in the shade”

“Installed solar capacity is doubling every three years, meaning it has grown tenfold in the past 10 years. The Economist says the next tenfold increase will be the equivalent of multiplying the world’s entire fleet of nuclear reactors by eight, in less time than it usually takes to build one of them.

To give an idea of the standing start the industry has grown from, The Economist reports that in 2004 it took the world an entire year to install 1 gigawatt of solar capacity (about enough to power a small city). This year, that’s expected to happen every day.

Energy experts didn’t see it coming. The Economist includes a chart showing that every single forecast the International Energy Agency has made for the growth of solar since 2009 has been wrong. What the agency said would take 20 years happened in only six”…

Read the full article from NEWS here.