Global Trends in Solar Energy Sector

Many countries around the world have switched to solar power in order to supplement or provide an alternative source of energy that is cheaper, more reliable and efficient, and friendly to the environment. Generally speaking, to convert solar energy to electricity, there are two kinds of technologies used by the solar power plants – the PV (photovoltaic) systems which use solar panels to convert sunlight directly into electricity, and the CSP (Concentrated Solar Power) that indirectly uses the solar thermal energy to produce electricity.

The solar PV systems, which are either placed in ground-mounted solar farms or on rooftops are considered cheaper than CSP and constitutes the majority of solar installations, while CSP and large-scale PV accounts for the majority of the general solar electricity-generation-capacity, across the globe.

Global Trends in Solar Energy

In 2017, photovoltaic capacity increased by 95 GW, with a 34% growth year-on-year of new installations. Cumulative installed capacity exceeded 401 GW by the end of the year, sufficient to supply 2.1 percent of the world’s total electricity consumption. This growth was dramatic, and scientists viewed it as a crucial way to meet the world’s commitments to climate change.

“In most countries around the world there is still huge potential to dramatically increase the amount of energy we’re able to get from solar. The only way to achieve this is through a combination of both governance and individual responsibility.” Alastair Kay, Editor at Green Business Watch

Both CSP and PV systems are undergoing a considerable amount of growth and experts claim that by 2050, solar power will become the greatest source of electricity in the whole world. To achieve this goal, the capacity of PV systems should grow up to 4600 gigawatts, of which 50% or more would come from India or China. To date, the capacity of solar power is about 310 gigawatts, a drastic increase on the 50 gigawatts of power installed in 2010.

The United Kingdom, followed by Germany and France led Europe in the 2016 general statistics for solar power growth with new solar installations of 29%, 21%, and 8.3% respectively. In early 2016, the amount of power across Europe was near 100 gigawatts but now stands at 105 gigawatts. This growth is regarded as slow and experts in the solar industry are calling upon the European Union to give more targets concerning the renewable source of energy. It is said that setting a target that is not less than 35% will revive the solar business in Europe.

Across the United States in places, such as Phoenix and Los Angeles, which are located in a sunny region, a common PV system can generate an average of 7500 kWh – similar to the electrical power in use in a typical US home.

In Africa, many nations especially those around the deserts such as Sahara receive a great deal of sunlight every day, creating an opportunity for the development of solar technology across the region. Distribution of PV systems is almost uniform in Africa with the majority of countries receiving about 2000 kWh/m2 in every year. A certain study shows that generating solar power in a facility covering about 0.3% of the area consisting of North Africa could provide all the energy needed by the European-Union.

Asia alone contributed to 66.66% of the global amount of solar power installed in 2016, with about 50% coming from China.

With these reports, it is clear that the development of solar energy technology is growing in each and every continent with just a few countries with little or no apparent growth.

The growth of solar power technology across every continent in the world is very fast and steady and in the near future, almost every country will have a history to tell about the numerous benefits of going solar. The adoption of solar power will help improve the development of other sectors of the economy, such as the electronics industry, hence creating a lot of employment opportunities.

Tips on Writing a Research Paper on Solar Energy

The share of energy received from the Sun is steadily increasing every year. Last year, the global solar market increased by 26%. According to forecasts, in 2018 for the first time, the mark of 100 gigawatts of new installed capacity per year will be passed all over the world. Writing a research paper on solar energy is not an easy assignment, as you will have to deal with lot’s of statistics, results of experiments, and, surprisingly, sociology — the usage of alternative sources of energy are strongly connected with the social issues and moods. In this article, you’ll receive some tips on how to write a stellar research paper on solar energy and impress your professor.

We are sure you know how to structure a research paper, and you won’t forget about an engaging thesis (problem) statement. Our tips will cover the latest trends you should mention and the discussions related to the usage of solar energy, pros, cons and exciting facts.

Pay Attention to the Latest Trends

Analysts have identified trends in the solar energy market in the near future.

  • An increasing number of countries are developing solar energy projects at the national level. In 2016, there were 32 such countries, at the end of last year already 53. Tenders for the development of solar energy are planned in 23 countries.
  • In the United States in the next 4 years, the number of states installing more than 1 gigawatt will reach 18. They will account for 80% of all US photovoltaic plants.
  • Reducing the cost of solar energy can be achieved through the use of more powerful modules, which will reduce the proportion of equipment and maintenance costs.
  • The role of electronics operating at the level of a single photovoltaic panel will grow. Now micro-inventors and current converters for one module are not used very widely.
  • Prices for stationary solar systems in the world are falling, but in the USA they remain at the same level (the cost of watts of power for US home systems is the highest in the world). The price for a “sunny” watt from state to state can vary by 68 cents, and companies will have to look for ways to reduce production costs.

Talk about the Future

Naturally, interest in renewable energy sources will continue to grow. The year 2050 will be the point of no return – it is by this time that most countries will completely switch to clean energy. And in 2018 serious steps will be made in this direction.

The first to be hit will be coal power plants in Europe. To date, 54% of them are not profitable, and there are only for the sake of peak load. In 2018, Finland will ban the use of coal to generate electricity and increase the tax on carbon dioxide emissions. By 2030, the country plans to abandon this fuel completely.

The Indian coal mining company Coal India also plans to close 37 coal mines in March 2018 – their development has become uneconomical due to the growth of renewable energy. The company will save about $ 124 million on this, after which it will switch to solar power and install at least 1 GW of new solar capacity in India.

Don’t Focus Solely on Content

It is a no-brainer that the content of your research paper is the most essential part of your work. However, if you forget about formatting, citations, plagiarism, using valid academic sources, etc., your research paper can fail despite having an amazing thesis statement or the project idea.

When you start doing research, note down every link you use or want to use, every quote you like, every piece of statistical information. At first, it seems very dull and unnecessary — you think you can find this information at any moment. However, days pass, and you fail to make proper references, which can be a reason of being accused of plagiarism. Proofread your research paper several times, use online sources to check grammar and spelling, don’t forget about plagiarism checkers to stay on the safe side.

If you find out that writing a proper research paper on solar energy is too complicated for you now, or you don’t have enough time energy to deal with it, it is a wise choice to get affordable research paper writing by experts who can help you immediately with your assignment. When writing a research paper on solar energy don’t forget to check on the latest numbers and analytical data worldwide. Good luck!