The sun could be the world’s leading electricity source by mid-century with the amount of new photovoltaic (PV) panel installations soaring at 100MW daily, according to a pair of new reports.

The reports, issued by the International Energy Agency (IEA), stated that by 2050, PV panels could produce 16% of the world’s electricity, while solar thermal electricity (STE) is on track to produce 11%. Solar thermal electricity is created by concentrating the sun’s rays to produce steam, which then turns a turbine.

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