Thanks to fast learning and sustained growth, solar photovoltaics (PV) is today a highly cost-competitive technology, ready to contribute substantially to CO 2 emissions mitigation. However, many scenarios assessing global decarbonization pathways, either based on integrated assessment models or partial-equilibrium models, fail to identify the key role that this technology could play, including far lower future PV capacity than that projected by the PV community. In this perspective, we review the factors that lie behind the historical cost reductions of solar PV and identify innovations in the pipeline that could contribute to maintaining a high learning rate. We also aim at opening a constructive discussion among PV experts, modelers, and policymakers regarding how to improve the representation of this technology in the models and how to ensure that manufacturing and installation of solar PV-can ramp up on time, which will be crucial to remain in a decarbonization path compatible with the Paris Agreement.

No abstract

Photovoltaics (PV), or solar electricity generation, has become the cheapest form of energy in many locations worldwide and, combined with energy storage, has the potential to satisfy most of our electricity needs. PV has grown at an annual compounded growth rate of approximately 30% in the last three decades. Solar energy systems will continue their impressive growth in distributed energy, microgrids, and utility scale, as efforts are made for dependable electricity in an age with increasing extreme weather. However, within this remarkable success lies a new challenge. The growth curve, combined with rapid product innovation and scale up, means that the majority of PV systems are new, without the 3 years of performance data that have been required in the past to estimate product lifetime. PV reliability has to address this challenge. In this review we present a brief summary of PV reliability starting with brief historical synopsis, detailing some of the technological challenges and present a framework required for long lifetime.

25% annual PV growth is possible over the next decade

Renewable electricity is growing rapidly, with solar electricity growing relatively faster than any other fuel source in the last ten years. As the world accelerates its transition to clean energy, it is useful to track the rate of growth, but the data are tracked in different ways from different sources. This periodic publication collects data from multiple sources and presents it systematically as a convenient reference for IEEE JPV readers.