Global solar energy market set to grow $5.46 billion by 2029, fueled by sunny regions and pay-as-you-go models.

The global solar energy market is projected to grow by $5.46 billion from 2025 to 2029, driven by sunny climates and the pay-as-you-go (PAYG) model. South Africa and the Middle East are key markets, with Chinese companies like Jinko Solar and Trina Solar investing heavily in the region. Solar energy reduces emissions and is becoming more accessible through financing models like PAYG, which allows customers to pay for systems in small increments.

2 months ago
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