Solar power generation agent

What is distributed solar generation?

Distributed solar generation (DSG) has been growing over the previous years because of its numerous advantages of being sustainable, flexible, reliable, and increasingly affordable. DSG is a broad and multidisciplinary research field because it relates to various fields in engineering, social sciences, economics, public policy, and others.

Who are the target customers of solar power?

According to a survey by Solar Electric Power Associator (SEPA) , the targeted customers are mainly middle or upper level classes in terms of financial conditions. The average household income for mid-high class in US $62,000 and is denoted as 12.4 in the value in five thousand dollars.

Why is the solar energy industry developing more aggressively?

The solar energy industry has been developing more aggressively than ever before during the past two decades, as various countries and communities realized the importance and prospective future of solar energy.

What is the International Solar Alliance?

The International Solar Alliance, which is a treaty-based intergovernmental organisation that provides a platform to promote solar energy across 86 member countries in a safe, affordable, sustainable and equitable manner. Solar PV is the main renewable technology of choice in the private sector

How much solar energy will be generated in 2030?

Reaching an annual solar PV generation level of approximately 8 300 TWh in 2030, in alignment with the Net Zero Scenario, up from the current 1 300 TWh, will require annual average generation growth of around 26% during 2023-2030.

Is solar PV a good investment in 2022?

Solar PV comprised almost 45% of total global electricity generation investment in 2022, triple the spending on all fossil fuel technologies collectively. Investment in PV is expected to grow further in the coming years thanks to ambitious government targets, policy support and increasing competitiveness.