Five charts to start your day

Is solar power finally getting its day in the sun?

In the scorching deserts of Rajasthan, India, vast fields of gleaming solar panels stretch as far as the eye can see. Just a decade ago, this landscape was barren, its potential untapped. Today, it's at the forefront of a global energy revolution.

This transformation is not unique to India. From the rooftops of German suburbs to the plains of Texas, from African villages to Chinese megacities, solar panels are becoming as ubiquitous as smartphone screens. They represent more than just a shift in how we generate electricity; they embody a fundamental reimagining of our relationship with energy.

The story of solar power is one of relentless innovation, unexpected consequences, and the power of exponential growth. It's a tale that challenges our assumptions about technological progress and economic development. As we stand on the cusp of what may be the most significant energy transition in human history, it's worth examining how we got here, where we're headed and what it all means for our future.

Indeed, take a look at this chart from the Economist. Solar power has consistantly smash expectations.

This isn't just about swapping one power source for another. It's about unleashing a cascade of changes that could reshape industries, redefine geopolitics and offer new solutions to some of our most pressing global challenges. From the corridors of power in Beijing to the startups of Silicon Valley, from the boardrooms of energy giants to the huts of rural Africa, the solar revolution is leaving no corner of the world untouched.

We constant hear the words “energy transition” mentioned. But the truth is that renewable energy is being embraced not just as an attempt to replace fossil fuel, but also as a new and exciting new way to generate energy with or without fossil fuels.

Source: Economist

Coming up:

• Most of the world’s new power plants are clean energy

• Apple emerges from its sales slump

• Apple’s income statement broken down

• Americans earn more than the Swiss…or do they?

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