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This study presents options to fully unlock the world’s vast solar PV potential over the period until 2050. It builds on IRENA’s global roadmap to scale up renewables and meet climate goals.
Solar power has become big business, with $131 billion invested in 2018, up from just $11.2 billion in 2004 but down from $171 billion in 2017 as unit costs fell. New installed capacity grew from 1.1GW in 2004 to about 107GW in 2018, a steady rise as solar begins to compete with fossil fuels on cost and to be built in nearly every country.This is a book for the solar workers of the future, a business book for those without a business or economics background and those simply curious about major shifts happening in the world energy economy. Key financial, economic and technical concepts are interspersed with the history of the first decade of cheap solar power, and the author's experience of being part of a successful startup in the clean energy sector.
The evidence suggests that many solar programs are being designed and implemented in isolation and without reliance on published guidelines or the experience gained by others. The conclusion is obvious: the likelihood of a program being successful would be greatly improved if program implementers were made more aware of best practice guidelines and of the lessons and experience learned by others in implementing previous programs. Furthermore, the best practice guidelines not only need to be readily available but need to describe the stages, issues and the stakeholders’ roles in designing and implementing a SHS program. This book showcases a detailed road map that has been developed for the implementation of rural electrification projects in developing countries using solar PV. Features of this book will be case studies derived from personal participatory observation of the authors on Solar Home Systems, their impact, their advantages and disadvantages and their operation.
For policymakers. p. 1.