IEA: by 2050 solar power or become the world’s largest source of electricity

Polaris solar PV net news: Beijing News on September 30, the International Energy Agency (IEA) reported on Monday that by 2050 solar power could become the world’s largest source of electricity, fossil fuels and other clean-energy fuels to shame.

The IEA added, when solar panel system and concentrating solar thermal power plants in the world in the proportion of electricity may be 16% and 11% respectively. The Director Maria fandehufen (MariavanderHoeven) says: “in the past several years, the cost of photovoltaic modules and systems falling rapidly for the use of solar energy as a major power source has opened up new prospects for the future. ”

But the International Energy Agency also pointed out that these two technologies are capital intensive technologies, most of its spending is paid in advance, thus reducing the solar energy enterprise’s cost of capital is a top priority. Based on this, the Department called for Governments and policy makers to develop a coherent policy to provide support for the solar industry, which supports the reduce the risk of potential investors in the solar industry, and encourage capital markets ‘ confidence in the industry.

Meanwhile, the solar company share price performance in the market trading on Monday was mixed, in which Trina solar (TSL), Sun City (SCTY) and SunPower (SPWR) has fallen, and SunEdison (SUNE) buck. SunEdison in July this year its sector TerraFormPower (TERP) successful IPO (initial public offering) on the stock exchange, the shares in NASDAQ-listed shares rose sharply on the first day of 35%. (MO/compilation)

Original title: IEA by 2050 solar power or become the world’s largest source of electricity

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