Photovoltaic Power Might Be the Largest Source of Power Supply by 2050
It was predicated by authoritative institutions that there are several foreseeable trends: in the next 5 years, solar power will be connected to grid and sold at fair price in 1 / 2 countries of the world; and in 2 / 3 of the countries of the world after 10 years at retail level. After 30 years, photovoltaic power generation will become the main energy source in the world.
As International Energy Agency predicated, the installed capacity of photovoltaic power generation will account for 27% of total global installed capacity by 2050. And solar energy will become the biggest source of electric power. What’s more important is that China will absolutely be the leader of photovoltaic development.
It is reported that China has ranked first for two consecutive years in newly installed capacity of photovoltaic power generation. In terms of cumulative installed capacity, China will surpass Germany this year, and become the leading country of photovoltaic development. By 2020, it is quite possible that China will exceed its target of 100GW installed capacity. It is predictable that the target of photovoltaic development will be substantially increased in China’s "13th Five-Year Plan". In the next 5 years, China’s PV installed capacity may be increased by 4 times.