"In 2004, it took the world about a year to add one gigawatt of solar power capacity. By 2023, the same amount was added, on average, every single day.
For reference, a gigawatt of solar is enough to power approximately 200,000 homes in the US.
A big reason for this acceleration has been a large decrease in the price of solar panels. Since 2001, the price has dropped by about 95%, from $6.21 to $0.31 per watt."
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