How cheap solar power could have arrived decades ago
Solar power faced delayed widespread adoption despite its early discovery and potential affordability. Over the decades, advancements in solar technology and cost reduction strategies have progressively made solar power more accessible. Innovations in photovoltaic cells and manufacturing processes have significantly lowered production costs, allowing solar energy to compete favorably with traditional fossil fuels. Despite these advancements, initial hurdles in scaling up production and infrastructure integration delayed the widespread deployment of solar power technologies.
In recent years, countries like Germany and China have aggressively invested in solar energy infrastructure, leading to substantial cost reductions and widespread adoption. These nations have demonstrated that proactive government policies and robust investment frameworks can accelerate the transition to renewable energy sources like solar power. By implementing supportive policies and investing in research and development, governments worldwide can facilitate a faster transition to sustainable energy solutions.
Source: Science Business
