×
App Icon
The Standard e-Paper
Join Thousands of Readers
★★★★ - on Play Store
Download Now

Cash into solar outstrips other power sources

Vocalize Pre-Player Loader

Audio By Vocalize

Solar panels in a roof. [iStockphoto]

More money is pouring into solar power than all other electricity sources combined, with investments set to reach half a trillion dollars this year, the world's top energy research body said Thursday.

The International Energy Agency (IEA) forecast in a report that global investment in clean energy this year will hit $2 trillion, twice the amount going to fossil fuels.

Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in
Business
Kenya Pipeline Company IPO extended by three working days
Enterprise
When fundamentals are stable but the patient is terrified
Business
CMA extends Kenya Pipeline Company IPO deadline to February 24
Enterprise
Why services sector offers best bet for jobs, economic development