The race to harness and store the sun is the race to free, clean energy for generations to come. Imagine how much cash flow globally will be freed up for other needs and productive investment. Yes we can.
“Solar energy could be the top source of electricity by 2050, aided by plummeting costs of the equipment to generate it, a report from the International Energy Agency (IEA), the West’s energy watchdog, said on Monday.
IEA Reports said solar photovoltaic (PV) systems could generate up to 16% of the world’s electricity by 2050, while solar thermal electricity (STE) – from “concentrating” solar power plants – could provide a further 11%.”