By 2050, photovoltaic power generation may become the largest source of electricity supply

By 2050, photovoltaic power generation may become the largest source of electricity supply

Authoritative institutions predict that there are several foreseeable trends: in the next five years, solar energy will be connected to the grid in half of the world's countries and sold at fair prices; In 10 years, two-thirds of the countries in the world will be at the retail level. In 30 years, photovoltaic power generation will become the world's primary energy source.

 

As predicted by the International Energy Agency, by 2050, the installed capacity of photovoltaic power generation will account for 27% of the world's total installed capacity. Solar energy will become the largest source of electricity. More importantly, China will definitely become a leader in the development of photovoltaics.

According to reports, China's newly installed capacity of photovoltaic power generation has ranked first for two consecutive years. In terms of cumulative installed capacity, China will surpass Germany this year and become a leading country in the development of photovoltaics. By 2020, China is likely to exceed its target of 100 GW of installed capacity. It can be foreseen that China's 13th Five Year Plan will significantly increase the development goals of photovoltaics. In the next five years, China's photovoltaic installed capacity may increase fourfold.