Solar Photovoltaic Power Generation Institute

What is the Solar Energy Research Institute?

The National Renewable Energy Laboratory (NREL) was first envisioned as the Solar Energy Research Institute in response to the oil embargo crisis of 1973–74, as part of a national effort to find new, more reliable sources of energy.

What is the IEA photovoltaic power systems programme (PVPS)?

The IEA Photovoltaic Power Systems Programme (PVPS) is one of the collaborative R&D Agreements established within the IEA and, since its establishment in 1993, the PVPS participants have been conducting a variety of joint projects in the application of photovoltaic conversion of solar energy into electricity.

Do solar photovoltaic energy benefits outweigh the costs?

This article appears in the Spring 2020 issue of Energy Futures, the magazine of the MIT Energy Initiative. Benefits of solar photovoltaic energy generation outweigh the costs, according to new research from the MIT Energy Initiative.

What is the California Solar Initiative?

The California Solar Initiative (CSI) was launched in 2006 with the aim of stim-ulating growth and demand in the solar energy market by providing upfront financial incentives for solar energy installations.

How will solar PV transform the global electricity sector?

Alongside wind energy, solar PV would lead the way in the transformation of the global electricity sector. Cumulative installed capacity of solar PV would rise to 8 519 GW by 2050 becoming the second prominent source (after wind) by 2050.

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).