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TED Business

Solar energy is even cheaper than you think | Jenny Chase

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.
11:53

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Quick takeaways

  • Solar energy's rapid global adoption is redefining energy markets by significantly reducing reliance on fossil fuels in various regions.
  • Advanced technologies like satellite imagery and machine learning are essential for accurately tracking solar energy installations in underreported areas.

Deep dives

The Growth of Solar Power

Solar power has experienced significant growth globally, with impressive statistics highlighting its expansion. Last year, 444 gigawatts of solar modules were installed worldwide, with a majority in China, showcasing the technology's increasing accessibility. The affordability of solar modules has made them a feasible option for many, with costs comparable to everyday items like gourmet coffee, benefitting not only wealthy nations but also underdeveloped regions. This widespread adoption is pivotal in reducing reliance on fossil fuels, especially in countries that urgently need sustainable energy solutions.

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