Renewable Energy Surpasses Coal: A Milestone in Solar Power

For the first half of this year, renewable energy generation outpaced coal as reported by ISA's Director General during the 8th ISA Assembly in New Delhi. Solar energy has seen unprecedented growth, with major solar projects in Asia Pacific and future expansions planned for Africa and Latin America.

In an unprecedented shift, renewable energy production outstripped that of coal for the first half of the year, according to Ashish Khanna, Director General of the International Solar Alliance (ISA). Khanna revealed this during his address at the 8th session of the ISA Assembly in New Delhi.

Emphasizing the fast-paced global expansion of solar power, Khanna noted, "While it took a quarter-century to achieve 1000 gigawatts of solar capacity, the subsequent 1000 gigawatts were added in just two years." He predicts that this figure could double within the next four years, potentially reaching 4600 gigawatts worldwide. A significant 71% of the new installations are emerging from the Asia Pacific region, with Latin America also positioned as a burgeoning hub for solar growth. Africa, he highlighted, remains an untapped reservoir of solar potential.

Khanna detailed ISA's strategies to engage private-sector investments, initiated by the Global Solar Facility, soon to launch in Africa before expanding beyond. He articulated a vision for capacity building, aiming to introduce local solar solutions while minimizing investment barriers. He also unveiled the upcoming Africa Solar Facility and a novel initiative focused on regional interconnection to lessen battery storage reliance.

The ISA is set to take bold steps in waste management and recycling under a critical mineral strategy, Khanna stated. Efforts to harmonize standards across 125 countries are underway, leveraging India's and the International Electrotechnical Commission's expertise. Further plans include the establishment of an ISA Academy and Global Capability Centre, designed to bring digital solar education to its member countries.

In conclusion, Khanna announced the ISA's intent to publish various flagship reports covering global solar trends and innovations, simplifying solar adoption processes worldwide.

(With inputs from agencies.)