Category: Energy

The International Energy Agency (IEA) has recently called for “clear, credible and consistent signals from policy makers” to help lower deployment risks to investors and inspire confidence in harnessing solar energy as it clearly holds potential to overtake oil and gas as the main source of power generation by 2050. “The sun could be the world’s largest source of electricity by 2050, ahead of fossil fuels, wind, hydro and nuclear,” according to two reports issued by IEA, the Paris-based world’s top energy think tank.