Chinese dominance is evident in the compilation of the world's largest solar power plants, where they claim five spots out of ten. Notably, the recently inaugurated Xinjiang Farm stands as the largest globally, boasting a capacity of 5 GW. Additionally, the Gulmud Farm in China, with 2.8 GW, and the Jinchuan plant, with 1.03 GW, secure positions on the list.
The global solar energy landscape is witnessing substantial growth, with the latest data suggesting a surge in capacity to 1.5 terawatts by the end of last year. This trajectory is fueled in part by the significant decrease in solar panel costs, plummeting by 82% since 2010. Projections indicate that global solar capacity could soar to 2.5 terawatts by 2025.
However, it's not just China making strides in solar energy. India makes a notable appearance with its Bhadla Farm, ranking third globally with a capacity of 2.7 GW. This farm, spanning an area equivalent to 3% of London's total area, has been operational since September 2018, providing electricity to millions of homes and curbing carbon dioxide emissions.
Moreover, the UAE and Egypt contribute to this narrative with substantial projects like the Mohammed bin Rashid Al Maktoum Complex and the Benban Solar Park, respectively. These projects underscore the global shift towards renewable energy sources, with significant investments and ambitious expansion plans in the pipeline.