In line with the global push for decarbonization, solar energy has emerged as the fastest-growing source of new electricity generation, playing a pivotal role in the journey toward net zero by 2050. While traditional fossil fuels still dominate the global energy mix, the falling costs of photovoltaic (PV) technology and concentrated solar power (CSP) are rapidly shifting the balance.
The Sun is one of the most accessible and promising clean energy sources. According to the International Renewable Energy Agency (IRENA), by 2050, solar energy is projected to become the world’s second-largest electricity supplier after wind energy, providing 25% of global production (compared to about 5.5% today). According to Carbon Tracker, revolutionary technologies can increase the potential of solar and wind energy to a level 100 times greater than the global electricity demand. Solar energy is intermittent, and its efficiency depends on climate conditions, the effectiveness of technologies (current efficiency ranges from 15-22%), the quality of plant construction, operation, and maintenance. The sector’s growth has traditionally been supported by subsidies, but today, solar generation is becoming economically viable.
In the section “Solar energy” on ONEGEO.COM Global Digital Platform, you can further explore the trends in solar energy development, advanced technologies, sector incentive programs, and factors limiting its scaling. Additionally, the section contains information about the leading professional events, global partnerships, cross-sectoral initiatives, and main actors in this field.
Please note that organizers may shift dates of the announced professional events, so we recommend checking the official websites for the latest information.