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Solar can provide 22 percent world's power by 2050: IEA

MADRID (Reuters) - Solar power can provide up to a quarter of the world's electricity by 2050, the International Energy Agency said on Tuesday, but it needs government lifelines in the next decade until it can compete with conventional power.

MADRID (Reuters) - Solar power can provide up to a quarter of the world's electricity by 2050, the International Energy Agency said on Tuesday, but it needs government lifelines in the next decade until it can compete with conventional power.

Solar power currently accounts for 0.5 percent of world supply, but the IEA said this needed to grow in order to cut greenhouse gas emissions and dependence on fossil fuels.

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