Did you know that some countries are leaders in solar energy production? In this blog post by Samir H Bhatt of SHB Advisors, we will take a look at the top five countries with the highest solar energy production. So, if you’re interested in learning more about this renewable energy source, read on!
Samir H Bhatt’s Top Picks for Countries With Highest Solar Energy Production
China
China is the world’s leading producer of solar energy, with an installed capacity of over 130 gigawatts as of 2018. The country has been investing heavily in renewable energy recently, and its solar capacity has tripled since 2015.
China is home to several of the world’s largest solar farms, including the Longyangxia Dam Solar Park, which has a capacity of 850 megawatts.
The rapid growth of the Chinese solar industry has been driven by government policies and subsidies and the falling cost of solar panels. According to Samir H Bhatt’s research, China is the world’s largest solar PV modules and thermal systems market.
European Union
In 2018, the EU had the highest solar energy production in the world, with Italy, Germany, and France accounting for the majority of the output.
Solar power is a key part of the EU’s renewable energy strategy, which aims to increase the share of renewable energy in the bloc’s overall energy mix. The EU has set a target of 32% renewable energy by 2030, and solar is expected to play a major role in meeting that goal.
In addition to its environmental benefits, solar power is an important source of jobs in the EU. According to Samir H Bhatt’s findings, the bloc’s solar industry employs over 300,000 people, which is expected to grow in the coming years.
With its commitment to solar power, the EU is leading the way to a cleaner, more sustainable future.
Vietnam
With a tropical climate and an abundance of sunny days, it’s no surprise that Vietnam is one of the world’s leading solar energy producers. The Southeast Asian nation has some of the highest solar radiation levels in the world, making it an ideal location for solar farms.
In recent years, the Vietnamese government has been investing heavily in renewable energy, and as a result, the country can now generate over 2 gigawatts of solar power.
That’s enough to meet the needs of nearly 2 million homes. And with new solar projects in the pipeline, Vietnam is on track to become an even greater force in the global solar market.
Japan
Japan is a country located in East Asia. It comprises several islands, the largest of which are Honshu, Hokkaido, Kyushu, and Shikoku. The highest solar energy production Japan has is 6.6 GW.
This is way below the world’s highest at 70 GW, which China holds. Japan exports many of its products, particularly automobiles and electrical equipment. The nation also has a high life expectancy rate and a very low homicide rate.
Despite being an enormous economic power, Japan has few natural resources, so it must import most of the materials it needs to sustain its economy.
Samir H Bhatt’s Concluding Thoughts
In this blog post by Samir H Bhatt, we’ve looked at the countries with the highest solar energy production. It’s interesting to note that a few top countries are not necessarily those you would expect.