Good news for summer solstice as solar makes 20% global electricity

illuminem summarizes for you the essential news of the day. Read the full piece on Euronews or enjoy below:

🗞️ Driving the news: On June 21st, solar power is set to peak at 20% of the world's electricity, according to Ember
• Spain leads Europe, expecting solar to comprise 30% of its power mix for the month

🔭 The context: The summer solstice brings optimal solar generation due to longer days in the northern hemisphere
• This year, global solar power will see a significant increase from 16% last year, demonstrating solar's rapid growth and potential

🌍 Why it matters for the planet: Solar power's expansion is crucial for reducing reliance on fossil fuels, lowering carbon emissions, and combating climate change
• Its growing share in the global energy mix marks a significant step towards a sustainable energy future

⏭️ What's next: With declining battery costs, solar power is increasingly used in the evening, not just during the day
Continued advancements in technology and investment will likely make solar the dominant electricity source globally

💬 One quote: "At 20 per cent share, solar is now a serious global electricity source," says Kostantsa Rangelova, electricity analyst at Ember

📈 One stat: Spain is expected to reach an average of 30% solar power in its energy mix for June 2024

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