TED Business Solar energy is even cheaper than you think | Jenny Chase
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Mar 3, 2025 Jenny Chase, a researcher with two decades in the solar industry, reveals how solar power is rapidly displacing fossil fuels worldwide. She discusses the dramatic drop in costs and the surprising rise of solar energy in unexpected markets. Chase shares insights into the transformative effect of affordable solar solutions, particularly in developing countries like Rwanda and Pakistan. She urges a rethink of renewable energy's role in fighting climate change, encouraging listeners to envision a sustainable future powered by the sun.
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Solar Panel Affordability
- Solar modules are surprisingly cheap, comparable to the price of eight posh coffees.
- This affordability makes solar power accessible and beneficial for various applications.
Data Collection Challenges
- Tracking solar installations across 146 markets is challenging due to unreliable data, even from developed countries.
- This data discrepancy hinders accurate assessment of solar power's true impact.
Pakistan's Solar Boom
- In Pakistan, official data underrepresents solar installations, conflicting with import data from China.
- Satellite data revealed extensive solar panel installations in Pakistan near industrial hubs.