TOP 10 – RENEWABLE ENERGY SOURCES

INSTALLED CAPACITY: 2,383,162 MW COMPANY IN FOCUS: FIRST SOLAR FOUNDED: 1999

Mark Widmar Chief Executive Officer First Solar

Solar photovoltaic( PV) has become the cheapest renewable energy source in the world, driven by technological advances alongside growing domestic and utility-scale demand. Volatile power prices have pushed consumers and businesses towards more dependable, local solutions. The IEA forecasts capacity to nearly triple to 1,500 GW, surpassing natural gas by 2026 and coal by 2027, making it the world’ s largest single technology source, with annual additions increasing over the next five years.

Arizona-based First Solar is one of the few leading solar technology providers headquartered in the United States. Its core technology is rooted in advanced thin-film semiconductor innovation. The company has set a goal to power all its global manufacturing with renewable energy by 2028 and aims for complete climate neutrality by 2050. Its manufacturing energy intensity has fallen 23 % below its 2020 baseline.

TO READ MORE TOP 10s, CLICK HERE sustainabilitymag. com 53