Falling cost of solar photovoltaic panels could help technology generate up to 16% of worlds electricity by mid-century
Solar energy could be the top source of electricity by 2050, aided by plummeting costs of the equipment to generate it, a report from the International Energy Agency (IEA), the Wests energy watchdog, said on Monday.
IEA Reports said solar photovoltaic (PV) systems could generate up to 16% of the worlds electricity by 2050, while solar thermal electricity (STE) – from concentrating solar power plants – could provide a further 11%.