Solar power globe

What is the contribution of solar energy to global electricity production?

While the contribution of solar energy to global electricity production remains generally low at 3.6%, it has firmly established itself among other renewable energy technologies, comprising nearly 31% of the total installed renewable energy capacity in 2022 (IRENA, 2023).

Who provides the Global Solar Atlas?

The Global Solar Atlas is provided by the World Bank Group as a free service to governments, developers and the general public, and allows users to quickly obtain data and carry out a simple electricity output calculation for any location covered by the solar resource database.

Could solar panels provide 65% of global electricity?

Covering the world’s rooftops with solar panels could provide 65% of global electricity, according to the findings of new research from the University of Sussex.

Is there a gap in the field of solar energy?

A comparison of the solar power status among countries and territories has been provided, considering their concentrated solar power and PV installed capacities for each continent. The literature survey reveals that clear gaps still exist in the field of solar energy.

Is solar energy a future energy resource?

The utilization of renewable energy as a future energy resource is drawing significant attention worldwide. The contribution of solar energy (including concentrating solar power (CSP) and solar photovoltaic (PV) power) to global electricity production, as one form of renewable energy sources, is generally still low, at 3.6%.

What is the global LCOE for solar PV technology?

The presented data indicates that the global weighted-average LCOE for solar PV technology was approximately 0.05 USD/kWh in 2022, projected to further decrease to a range of 0.014–0.05 USD/kWh by 2050. Currently, CSP technology has the highest LCOE at 0.118 USD/kWh among renewables.