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Energy Business Review | Friday, December 08, 2023
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Global population growth and technological developments have increased energy demands. Climate change mitigation relies heavily on green technology sources to provide sustainable energy supplies.
FREMONT, CA: One of the most essential renewable and green energy sources, solar energy is a technology that is kind to the environment and a reliable source of electricity. It contributes significantly to finding energy solutions for sustainable development. As a result, the enormous amount of solar energy that may be produced each day makes it a particularly appealing resource for producing power. Both technologies—solar photovoltaics and applications of concentrated solar power—are constantly being improved to meet our energy needs. Therefore, in the same context, a high installed capacity of solar energy applications promotes the energy sector and meets the employment market to acquire enough development.
Additionally, it has been noted how solar energy applications contribute to sustainable development by meeting energy needs, generating employment possibilities, and improving environmental protection. Finally, the application of solar energy technology is developed in the energy sector and provides a view of its potential future growth.
Demand for cleaner energy sources has increased over the last few decades. Based on it, decision-makers from all nations have developed long-term strategies that rely on renewable energy sources. Because of this, such programs lessen reliance on conventional energy sources and replace them with alternative energy technology. As a result, the world's population is beginning to rely less on conventional fossil fuels for energy and move toward using sustainable energy sources.
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Solar energy installed capacity
Globally, solar energy capacity has grown rapidly. PV technology installed capacity increased from 40 334 MW in 2010 to 709 674 MW in 2020. In contrast, CSP applications installed capacity increased from 1266 MW to 6479 MW after ten years. CSP applications are fewer than solar PV installations. Solar PV is widely used in space applications, both stand-alone and grid-connected.
Sustainable development and solar energy
Developing and industrialized nations will be affected by the impacts of energy systems on the environment. Establishing a globally sustainable energy system to maximize efficiency and reduce emissions is essential. The expansion of the energy sector in terms of energy generation, distribution, and consumption based on sustainability rules is referred to as sustainable energy development.
The economic viewpoint serves as the foundation for the sustainable development scenario. The IEA's sustainable recovery plan, which aims to boost economies and employment by creating a cleaner and more dependable energy infrastructure, is the foundation for the short-term details. Additionally, it looks at the actions that must be taken to achieve common long-term climate benefits, clean air, and energy access goals.
High-quality infrastructure must adhere to international standards. Participants will be able to participate in a worldwide world PV market by establishing legislative convergence, enhancing competitiveness, and fostering innovation. It might be advantageous for many more nations if they participated more actively in creating international solar PV standards. The top solar PV-producing and deploying nations have embraced international PV system standards and made significant contributions to the growth of sustainable energy. International solar PV standards may be more widely used and adhered to with additional support and capacity building to improve quality infrastructure in developing economies. Support can thus ensure uniformity between regulatory frameworks and criteria and provide extra incentives for the trade of safe and high-quality solar PV products.
The next decade will likely see a sustained rise in solar energy and all clean energy technology as efforts are made to accelerate the energy transition toward sustainable energy systems. Scholars worldwide believe that research and innovation are important factors in boosting the effectiveness of this type of solar application technology
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