The most plentiful and sustainable energy source on Earth is solar energy. It has tremendous potential to reduce our dependence on fossil fuels and mitigate global climate change. Solar energy production can provide clean, reliable, and affordable electricity in many parts of the world while meeting national climate goals.
With continued solar technology advancements, countries worldwide are beginning to invest heavily in solar energy production. By the end of 2022, ten countries will be leading the way in terms of solar energy production.
Countries with fastest growing solar energy production in 2022
The solar energy industry has grown exponentially over the past decade and continues to gain momentum. By 2022, we can expect to see some countries with the fastest-growing energy production in the world.
From established powerhouses like China and India to up-and-coming markets such as Mexico and South Africa, these nations are leading the charge in creating renewable energy sources that benefit both the planet and its inhabitants. Let’s explore which countries have the most potential for solar growth in 2022.
1. United States
The United States has the largest installation for solar energy production and will most likely remain a leader in this sector. Currently, the US has over 2 million solar installations and a total of 80 gigawatts (GW) of installed capacity.
By 2022, the US could reach 100 GW or more of solar energy production. This is achievable through continued investment in large-scale utility-scale of this projects and continued support for distributed rooftop PV systems.
China is the world’s largest producer of solar energy. Currently, China has over 100 GW installed capacity for this energy production and plans to reach 200 GW by 2022. This astonishing growth can be attributed to massive investments in large-scale solar projects as well as support for distributed PV systems.
India is one of the fastest-growing markets for solar energy production and is expected to reach 100 GW of installed capacity by 2022. The government has been investing heavily in large-scale for this projects, such as the world’s largest single-site, 648 MW Bhadla Solar Park project, along with support for distributed rooftop systems.
Japan is expected to reach 40 GW of installed capacity by 2022 and plans to increase this number even further in the coming years. The government has been supporting the development of large-scale projects as well as investing in energy storage technologies, which will help make it more reliable and efficient.
Germany produces the most solar energy in Europe and has long been a pioneer in this field. Currently, Germany has over 45 GW of installed capacity for solar energy production and is expected to reach 55 GW by 2022. This growth can be attributed to large-scale investments in utility-scale projects as well as continued support for rooftop PV systems.
6. United Kingdom
Currently, the UK has over 12 GW of installed capacity for solar energy production and is expected to reach 20 GW by 2022. This growth can be attributed to large-scale investments in utility-scale projects as well as continued support for distributed rooftop PV systems.
The UK government has made significant investments in massive this energy projects, as well as encouraging the rollout of small-scale rooftop systems. Additionally, a “feed-in tariff” for solar energy has been created, enabling households to get paid for the energy they produce using their own system.
Currently, France has over 7 GW of installed capacity for solar energy production but is expected to reach 12 GW by 2022.
The French government has been heavily involved in the development of solar energy, with a particular focus on utility-scale projects. It has also introduced a ‘feed-in tariff’, allowing homeowners to receive payments for the energy they generate from their own system.
Currently, Australia has over 6 GW of capacity and could reach 11 GW by 2022.
The government of Australia has been investing a great deal in renewable energy solutions in recent years. They aim of having larger-scale projects and the advancement of energy storage technologies. Investing in this sector is seen as key to helping shift away from traditional power sources. Homeowners in this country are now able to benefit from a ‘feed-in tariff’, which provides payments for the energy they generate through their personal systems. This incentive has helped promote the adoption of renewable power sources, providing an attractive alternative to traditional sources.
Currently, Spain has over 10 GW of capacity and will reach 16 GW by 2022. This growth is attributable to large-scale investments in both utility-scale and distributed rooftop systems.
The Spanish government has been investing heavily in this energy, with a particular focus on large-scale projects.
Currently, Italy has over 8 GW of capacity and could reach 10 GW by 2022. This growth depends from large-scale investments in utility-scale projects as well as the government’s support of distributed rooftop PV systems.
The Italian authorities have placed substantial emphasis on solar power, with a focus on major initiatives. In addition, they are investing heavily in energy storage technology to further enhance the capabilities of their systems.
It has also announced plans to build a large-scale solar plant in Sicily that will generate 500 MW of electricity by 2022. Additionally, the government plans to introduce tax incentives and subsidies to encourage people to install rooftop PV systems. These measures will help the country reach its renewable energy targets by 2022.
Future outlook for solar energy production worldwide
The future of solar energy production looks incredibly bright. With the cost of solar panels continually decreasing, their efficiency steadily increasing. Governments around the world offering incentives for their adoption. It’s no surprise that solar energy is becoming increasingly popular amongst households, businesses, and countries alike.
Solar energy production will soon predominate the global energy mix as renewable sources become more economically feasible than ever. This energy is clean, renewable, and sustainable – making it a great option for both present and future generations. With its continued growth, solar energy production will continue to revolutionize the way we power our lives worldwide.