THE SOLAR PANEL IS BECOMING AN INCREASINGLY POPULAR FORM OF ALTERNATIVE ENERGY

Amol completed MBA in Marketing from Institute of Management Technology, Ghaziabad. He is an expert business analyst and proficient product marketer who gives insights on business expansion.

- Amol Anand

According to Global Energy Transformation, a report by International Renewable Energy Agency (IRENA), ‘the share of renewable energy in the power sector would increase from 25 percent in 2017 to 85 percent by 2050, mostly driven by growth in solar and wind power generation.’

The solar panel, using photovoltaic and silicon solar cells to convert radiation into power, has become quite popular around the world. Increasingly becoming an essential energy option for the future, solar power has had a long history of failed starts and limited distribution.

‘In 2018, 181 gigawatts (GW) of renewable power was addedwith rising number of countries having high shares of variable renewable energy (VRE)’, according to Renewables 2019 Global Status Report.

Solar PV: The Growth Story