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"Offensively cheap": Solar power is looking up

Solar power is experiencing a global boom driven by inexpensive Chinese photovoltaic panels, with worldwide installed capacity reaching nearly 1.2 terawatts by late 2025—roughly three times the size of the global nuclear fleet. Industrial users like Bestway Cement in Pakistan are increasingly adopting solar to stay competitive, while millions of households in developing nations gain reliable electricity through small-scale installations.

Background

China dominates the global solar panel manufacturing supply chain, driving down costs dramatically since 2023 and fueling a wave of solar adoption worldwide. The International Energy Agency has called solar the 'new king' of the global energy system.

Source
Ars Technica
Published
Sep 15, 2026 at 12:29 AM
Score
7.0 / 10