COOKIES

Our website uses cookies and similar technologies to personalize the advertising shown to you and to help you get the best experience on our website. For more information, see our Privacy & Cookie Policy

COOKIES

Required

These cookies are necessary for basic functions such as payment. Standard cookies cannot be turned off and do not store any of your information.

Analyze

These cookies collect information, such as how many people are using our site or which pages are popular, to help us improve the customer experience. Turning these cookies off will mean we can't collect information to improve your experience.

Feature

These cookies enable the website to provide enhanced functionality and personalization. They may be set by us or by third-party providers whose services we have added to our pages. If you do not allow these cookies, some or all of these services may not function properly.

Advertise

These cookies help us understand what you are interested in so that we can show you relevant advertising on other websites. Turning these cookies off will mean we are unable to show you any personalized advertising.

TARGET Solar

BLOGS CENTER

Company News

Industry Information

knowledge

Home

Release Time: Nov 24,2024

Solar Power to Become Cheapest Energy Source by 2025

According to a new report by the International Energy Agency (IEA), solar power is expected to become the cheapest source of electricity in most parts of the world by 2025. The report highlights the rapid decline in the cost of solar panels and the increasing efficiency of solar technology. As a result, solar power is becoming more competitive with fossil fuels, even without subsidies. The report predicts that the global installed capacity of solar power will more than triple by 2025, driven by strong demand in emerging markets and technological advancements.

New Record Set for Solar Cell Efficiency

Common solar photovoltaic bracket form introduction

Related News

Feb 02,2026

Empowering Rural Communities with Solar Energy: Lianbang Technology Driving Renewable Growth

In rural Malaysia, initiatives like the Sarawak Alternative Rural Electrification Scheme (SARES) are transforming lives by providing sustainable solar power while empowering local communities

Jan 23,2026

Xiamen Lianbang Technology Drives Grid and Storage Innovation to Support Global Renewable Expansion

As the global energy transition accelerates, the integration of renewable energy into power systems is becoming increasingly complex

Jan 15,2026

Lianbang Technology Helps Power Global Off‑Grid Progress: Renewable Energy’s Impact Beyond Access

As the International Renewable Energy Agency (IRENA) highlights in its latest report, off‑grid renewable energy is doing more than just closing the energy access gap