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Solar Energy Poised To Eclipse Fossil Fuels As Global Power Leader

by THEFUTURE.TEAM

May 19, 2026

Solar Energy Ascends As The Future Power Source

A recent BloombergNEF report outlines a transformative shift in the energy landscape. Solar power is set to overtake coal, oil, and natural gas as the primary source of global energy within the next decade, driven by economic advantages and the rising demand spurred by artificial intelligence and widespread industrial electrification.

Economic Forces Propel Solar Adoption

Matthias Kimmel said solar energy continues gaining momentum largely because of its cost competitiveness. The report points to countries such as Pakistan, which added 25 gigawatts of solar capacity over the past two years following sharp increases in natural gas prices linked to geopolitical tensions. BloombergNEF noted that adoption could accelerate further if more governments introduce stricter emissions reduction targets.

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Data Centers: A Catalyst For Energy Transition

Growing demand from data centres is also reshaping global energy investment patterns. According to the report, electricity needs tied to artificial intelligence and cloud infrastructure could drive demand for an additional 1 terawatt of utility-scale solar capacity, alongside continued use of natural gas and coal.

Fossil fuels are still expected to account for 51% of incremental electricity generation supporting data centres by 2050 because of the need for constant power availability. At the same time, technology companies are increasingly influencing long-term energy investment decisions and infrastructure development.

Emerging Technologies Redefine Energy Storage

Alongside solar expansion, companies are investing in complementary technologies including long-duration battery storage, geothermal energy and nuclear power. Google recently committed $1 billion to 100-hour battery technology developed by Form Energy as part of broader efforts to strengthen energy resilience. The report also highlighted growing investor interest in companies such as Fervo Energy and X-energy.

Advancing Battery Technology And Hybrid Power Solutions

Falling solar panel costs, supported by large-scale manufacturing expansion and industrial policies in China, are also contributing to lower battery storage costs. In markets including Spain and Italy, excess solar generation has encouraged developers to move toward hybrid renewable projects combining solar facilities with battery storage systems. The approach is aimed at improving efficiency and increasing returns during periods of peak electricity demand.

Global Energy Independence And Economic Efficiency

BloombergNEF said its projections indicate that both market-driven and policy-driven decarbonisation strategies could reduce countries’ reliance on imported energy. The report added that continued cost declines and expanding installed capacity are strengthening solar energy’s role within the future global energy mix. As investment in renewable infrastructure accelerates, solar power is expected to remain central to long-term energy security and industrial electrification strategies worldwide.

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Cyprus Expects More French Visitors In 2027 As Air Capacity Expands

by THEFUTURE.TEAM

September 18, 2026

Cyprus expects more French visitors in 2027 as airlines increase capacity between the two countries, Tourism Deputy Minister Kostas Koumis said after meetings with tour operators in Paris.

France, one of Cyprus’ key tourism markets, has had a difficult 2026. French arrivals fell 46% year over year to 8,453 in August, from 15,663 a year earlier, according to the Statistical Service of Cyprus (Cystat). August arrivals were also nearly 50% below the 16,798 recorded in the same month of 2024.

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Overall, Cyprus received 2.82 million tourist arrivals between January and August, down 7% from the same period in 2025.

Air Connectivity Supports 2027 Outlook

Koumis discussed the 2027 outlook with senior executives from tour operators offering Cyprus holidays during the IFTM Top Resa travel trade fair in Paris.

Higher air capacity between France and Cyprus was a key focus of the talks. Participants also discussed the impact of geopolitical tensions in the Middle East on the French market and Cyprus’ efforts to adapt its tourism offering to French travelers.

“The French market is undoubtedly an extremely important market for our country’s tourism,” Koumis said, adding that France had regained importance only a few years ago and still had room to grow.

Improved air connectivity will be an important factor in that expansion, according to Koumis. “It is now clear that air connectivity between France and Cyprus is improving significantly, which is a basic prerequisite for the further growth of the market,” he said.

Cyprus Promotes Tourism And Regional Cooperation

Koumis attended the opening of IFTM Top Resa at the invitation of French Tourism Minister Serge Papin, who later visited the Cyprus stand. Held from Sept. 15 to 17 at Paris Porte de Versailles, the event brought together more than 32,000 tourism professionals representing 177 destinations and 1,650 brands, according to organizers.

During his visit, Koumis also met Egyptian Tourism Minister Sherif Fathy. Cyprus and Egypt reaffirmed their tourism cooperation and discussed opportunities to strengthen ties further.

French media interviews covered Cyprus’ tourism offering, infrastructure and services, along with efforts to develop specialized tourism products. Regional instability weighed on arrivals in 2026, particularly during the spring, although the decline narrowed over the summer.