Current status of solar power generation application in my country

What is the status of solar technology developments?

The paper outlines the status of solar technology developments as covered in the World Solar Technology Report. A steady trend in technology improvements is observed, with crystalline solar PV being the dominant technology in the market.

What is the status of the solar market?

The paper also covers the status of the solar market as covered in the World Solar Markets Report. The past decade has seen a significant surge in solar market growth, rising from 30 GW in 2011 to 163 GW in 2021. This market growth has been driven by deployments in Asia in recent years.

Which country installs the most solar power in 2022?

While China, the US, and Japan are the top three installers, China's relative contribution accounts for nearly 37% of the entire solar installation in 2022. Fig. 1 illustrates the contribution of energy sources to both electricity generation and total installed power capacity by 2050.

How many states use solar power in 2023?

In 2023, 22 states generated more than 5% of their electricity from solar, with California leading the way at 28.2%. Five states (California, Nevada, Massachusetts, Vermont, and Hawaii) generated more than 15% of their electricity using solar. Three other states generated more than 10% of their electricity using solar: Utah, Rhode Island, Arizona.

How has solar PV technology changed in 2022?

It is seen that the global weighted-average LCOE of solar PV technology reduced by about 89 % from 0.445 USD/kWh in 2010 to 0.049 USD/kWh in 2022. It is noticeable that the LCOE of PV technology has dropped into the range of fossil fuel electricity costs since 2014.

What is the demand for solar power?

The significant demand for solar has led to rapid increase in manufacturing capacity across the supply chain, with each stage ranging between 300 – 600 GW.