How much solar power will the world install eventually? 10 terawatts? 64? Or maybe something astounding like petawatts once our Dyson sphere gets moving.
In the shorter term though - the Solar Overton Window is widening - and a terawatt per year of capacity in nigh.
I wrote a short article on this widening window, and it feels hopeful.
“pilot production line for perovskite-based PV cells is expected to be operational at the factory by late 2024, with a view to producing commercially viable Perovskite cells by 2026”
Solar and Solar+2 hours of storage paybacks modeled, includes model assumptions, of the California PUC proposed NEM 3.0.
Models seem to incentivize projects more at 50% of load, with two hours of batteries - 5.6 to 7.9 year paybacks for Residential.
docs.cpuc.ca.gov/PublishedDocs/…
Commercial paybacks modeled in the 6.0 to 7.9 across the utilities and solar through solar+storage. No label on whether this is new or old model.
Dec 12, 2021 • 11 tweets • 6 min read
2022 Global Solar Capacity Installation Projection Thread: A collection of professional projections by the likes of @BloombergNEF, @IHSMarkit, @WM_PowerRenew, @SolarPowerEU, @PvInfolink, @PaulaMints1, and even the @IEA - plus whatever else I think is cool and fits in the thread.
As of November, @BloombergNEF's public number was that the world may install 211 GW of solar power. This is the middle range, and very well could end up being higher.
I think @solar_chase said 2021's number ended up being 183 GW.