Solar Energy offers a huge potential in driving the global shift to renewable energy. It has grown widely in recent years as a result of better affordability and reliability of technologies available to harness solar radiation and convert it to electricity or thermal energy.
According to the International Renewable Energy Agency (IRENA), solar energy led the nine-percent growth in total renewable energy capacity in 2021 after it registered a 19-percent increase to 843,086 MW. It comprised 27.7 percent of total global renewable energy capacity last year, over two percentage points higher than the previous year. *
Given its critical role in the Energy Transition, this month’s spotlight is on Solar Energy Technologies. We have compiled a list featuring seven (7) innovative technologies, composed of solutions that either directly convert sunlight to energy or allow the effective distribution of the generated energy. Six (6) of these technologies have been proven in an actual operational environment (TRL 9), and one has been at least demonstrated in an operational environment (TRL 7).