The global renewable energy investment is set to make a significant leap, with projections indicating a rise to USD 3.1 trillion by 2024, compared to USD 2.4 trillion in 2018. The Ministry of New and Renewable Energy (MNRE) highlighted the dominance of the solar segment, accounting for 59% of total renewable energy investments, with the Asia Pacific region leading in investments. The World Solar Market Report showcased the remarkable growth in global solar capacity, reaching 1,418.97 GW in 2023 from 1.22 GW in 2000, with expectations to further increase to 7,203 GW by 2030. Solar jobs have also seen a surge, reaching 7.1 million. The advancements in solar technology have contributed to its increased efficiency and affordability, with manufacturing predicted to surpass demand. Additionally, the report underlined the significance of green hydrogen, produced through renewable-powered electrolysis, in decarbonizing industries reliant on fossil fuels in African countries, offering a sustainable energy solution.