Emerging economies are embracing solar power and skipping fossil fuels much faster than Europe or the US

AI Summary

Emerging economies are adopting solar, wind, and hydropower more rapidly than Europe and the United States, increasingly bypassing fossil fuels. Falling renewable electricity costs are helping make these sources attractive, including in lower-income countries.

Renewable electricity is cheaper than ever. While the West got rich on coal and oil, some of the world's poorest countries are banking on solar, wind and water instead.