The future of renewable energy is shaped by several key trends. First, solar energy is projected to dominate capacity additions, accounting for three-quarters of new renewable installations globally, driven by lower costs and robust policy support like tax credits[3][4]. The International Energy Agency (IEA) anticipates a significant shift, with renewables expected to generate more electricity than coal by 2025 and account for over 42% of global electricity generation by 2028[6].
Moreover, a move toward decentralized energy generation is emerging, as more consumers become 'prosumers'—simultaneously producing and consuming energy from renewable sources, particularly solar[5]. Regulatory changes and investments in energy storage are crucial for sustaining this growth and enhancing grid resilience[4][6].
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