New photovoltaic solar power generation customization

Is solar photovoltaics ready for the future?

Solar photovoltaics (PV) is a mature technology ready to contribute to this challenge. Throughout the last decade, a higher capacity of solar PV was installed globally than any other power-generation technology and cumulative capacity at the end of 2019 accounted for more than 600 GW.

Is solar PV a competitive source of new power generation capacity?

Solar PV is emerging as one of the most competitive sources of new power generation capacity after a decade of dramatic cost declines. A decline of 74% in total installed costs was observed between 2010 and 2018 (Figure 10).

Can solar PV contribute to decarbonization of the power grid?

Neither materials nor land use will prevent PV expansion. The integration of strategies, both existing and under development, could enable solar PV to contribute not only to decarbonization of the power grid but also other sectors through direct or indirect electrification.

Does the availability of raw materials limit the growth of solar PV?

For instance, Creutzig et al. 12 found that implementing this strategy in REMIND, a specific IAM, resulted in solar PV covering 30%–50% of global electricity demand in 2050 (compared with 5%–17% share in previous results 68). The availability of raw materials is not a real issue that limits the growth of PV manufacturing.

Who supported the project PV-Tera – reliable and cost efficient photovoltaic power generation?

This work was supported by the Bavarian State Government (project “PV-Tera – Reliable and cost efficient photovoltaic power generation on the terawatt scale,” no. 44-6521a/20/5).