Published 2015 | Version v1
Journal article

The solar age

  • 1. School of Chemical and Physical Sciences, Victoria University, Wellington (New Zealand)
  • 2. MacDiarmid Institute for Advanced Materials and Nanotechnology, Victoria University, Wellington (New Zealand)

Description

It is appropriate that the International Year of Light will see us capture more of our energy needs from light than ever before. The global photovoltaic (PV) power capacity is estimated to rise to over 230,000 MW in 2015, a stunning growth of over 600 % since 2010 to reach 4.4 % of total global electricity capacity. This surge in PV installations has outstripped all expectations (and revised expectations) from the International Energy Agency and even Greenpeace. Early PV growth was fuelled by aggressive subsidy programmes, particularly in Germany, that aimed to make this renewable energy source competitive with energy from fossil fuels. However, it is less widely known that price parity has already arrived, with solar PV beating existing energy sources directly on price in some parts of the world. This article will briefly review the rise of solar PV and provide a glimpse of new materials being developed for the next PV revolution, including research activities in New Zealand. (author).

Additional details

Publishing Information

Journal Title
New Zealand Science Review
Journal Volume
72
Journal Issue
2
Journal Page Range
p. 35-40
ISSN
0028-8667

Optional Information

Notes
30 refs., 8 figs.