Solar PV has so far been a niche player in electricity generation, currently meeting around 2% of global electricity demand. And while the industry is rapidly growing, the degree of that growth is still greatly affected by policies. On Wednesday, the International Renewable Energy Agency (IRENA) released a new report at the Intersolar Europe trade show which looks at multiple aspects of the dramatic growth of solar industry. Letting in the Light forecasts that global solar PV capacity could increase roughly 10-fold from 227 GW today to 1,760-2,500 GW. Due to an projected 50% increase in electricity demand to 2030, driven by developing economies, this means that according to IRENA's projections solar PV can meet 8-13% of global electricity demand by that date. The agency cites multiple factors for this prediction. A primary role is given to falling costs for solar PV, noting that electricity from utility-scale PV ...Den vollständigen Artikel lesen ...