Solar Photovoltaics
Solar panels continue to become very cheap very quickly, resulting in cost parity being achieved in certain areas sooner than anyone expected.
As solar gets cheaper, it will be possible to use it when there's less sunlight out. The IEA (International Energy Agency) under their base case are forecasting that solar will receive $1.3 trillion of investment in new capacity between 2012-35, representing 13 percent of the total global investment in power generation, ahead of gas, and only marginally behind coal.
Photovoltaics (PV) is a method of generating electrical power by converting solar radiation into direct current electricity using semiconductors that exhibit the photovoltaic effect. Photovoltaic power generation employs solar panels composed of a number of solar cells containing a photovoltaic material.
Solar panels continue to become very cheap very quickly, resulting in cost parity being achieved in certain areas sooner than anyone expected.
As solar gets cheaper, it will be possible to use it when there's less sunlight out. The IEA (International Energy Agency) under their base case are forecasting that solar will receive $1.3 trillion of investment in new capacity between 2012-35, representing 13 percent of the total global investment in power generation, ahead of gas, and only marginally behind coal.
No comments:
Post a Comment