| | MAY 20208A ccording to Global Energy Transformation, a report by International Renew-able Energy Agency (IRENA), "the share of renewable energy in the power sector would increase from 25% in 2017 to 85% by 2050, mostly driven by growth in solar and wind power generation." The solar panel, using photovolta-ic and silicon solar cells to convert ra-diation into power, has become quite popular around the world. Increas-ingly becoming an essential energy option for the future, solar power has had a long history of failed starts and limited distribution."In 2018, 181 gigawatts (GW) of re-newable power was added with rising number of countries having high shares of variable renewable energy (VRE)", according to Renewables 2019 Global Status Report.Solar PV: The Growth StorySolar PV capacity in 2018 stood at 505.5 GW, an increase of slightly more than 100 GW from previous year (2017) when it stood at 405 GW. De-mand for solar panel is expanding as it becomes the most competitive option for electricity generation - for residen-tial and commercial applications and THE SOLAR PANEL IS BECOMING AN INCREASINGLY POPULAR FORM OF ALTERNATIVE ENERGYAmol Anand, Co-Founder & Director, Loom SolarVANTAGE POINT Amol Anand, Co-founder & Director
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