SOLAR Son ‫ يسمش‬Samas Eguzki
Sunce Nay Taiyeung Sol 太阳的
Sunce Slunce Iru солнечная Zon
Sun Suno Päike ‫ שמש‬Sól Khorshid
Araw, Aurinko Soleil Sinne Grian
Sonne Illios พลังงานแสงอาทิตย์ Helios
Kuarajhy Shemesh Surya, Nap
Matahari Korshid Tai you, preah
atu Saule Zôn mòi Sonn Sonce
Xemx Tàiyáng 太阳的 Slonce Inti
Soare Solnce La Surya Sinko
Sonce Uta Jua d’Sonne Tane Suryan
Duang Ahtit Günes Sontse Haul
слънчев Solarna Aurinko Ηλιακή
du soleil Saura ソーラー SOLAR
SOLAR Son ‫ يسمش‬Samas Eguzki
Sunce Nay Taiyeung Sol 太阳的
Sunce Slunce Iru солнечная Zon
Sun Suno Päike ‫ שמש‬Sól Khorshid
GLOBAL
SOLAR
COUNCIL
© Photo courtesy of Craig Miller Productions and DOE
Araw,
Aurinko
Soleil
Sinne
SOLAR Son ‫ يسمش‬Samas Eguzki
SunceThe Nay
Taiyeung
Solby 太阳的
Global Solar
Council (GSC) was established
leading regional and national solar associations.
SunceIt Slunce
Iru
солнечная
Zon
will unify the entire
solar
power sector at an
international level, share best practices, and
Sun Suno
Päiketo‫שמש‬
Sól
Khorshid
work collaboratively
accelerate
solar electricity
worldwide.
Araw, deployment
Aurinko
Soleil Sinne Grian
Sonne Illios พลังงานแสงอาทิตย์ Helios
Solar testimonials of policy leaders
Kuarajhy Shemesh Surya, Nap
Matahari Korshid Tai you, preah
atu Saule Zôn mòi Sonn Sonce
Xemx Tàiyáng 太阳的 Slonce Inti
Soare Solnce La Surya Sinko
Sonce Uta Jua d’Sonne Tane Suryan
Duang Ahtit Günes Sontse Haul
слънчев Solarna Aurinko Ηλιακή
du soleil Saura ソーラー SOLAR
SOLAR Son ‫ يسمش‬Samas Eguzki
Sunce Nay Taiyeung Sol 太阳的
Sunce Slunce Iru солнечная Zon
Sun Suno Päike ‫ שמש‬Sól Khorshid
“We need to bring sustainable energy to every
corner of the globe with technologies like
solar energy mini-grids, solar powered lights,
and wind turbines.”
UN Secretary General, Ban Ki-moon
“For decades, we’ve been told that it doesn’t
make economic sense to switch to renewable
energy. Today, that’s no longer true. In fact,
the solar industry now employs twice as many
Americans as mining coal.”
President of USA, Barack Obama
“Countries who have the most sun represent
only a small part of the global production of
solar power . . . How can we reduce energy
inequality? By technology and by financing.”
President of France, François Hollande
“Our goal is to make solar energy an integral
part of our life and reach it to the most
unconnected villages and communities.”
Prime Minister of India, Narendra Modi
Araw,
2
Aurinko
Soleil
Global Solar Council | www.globalsolarcouncil.org
Sinne
Solar Already
Cost-Effective Today
Today solar is one of the cheapest forms of electricity globally. The levelized cost
of solar electricity (LCOE) is 80% lower than it was during COP-15 in Copenhagen in 2009.
In fact, every solar market segment has reduced prices faster than any other generation
source in history:
Solar cost reduction development
over time compared to other power
sources
USD/KWh
0.60
80.00
0.50
0.40
60.00
0.30
40.00
0.20
0.10
20.00
Nuclear
Diesel Generation
(off-grid)
Geothermal
Natural Gas
(USD1 - 8/MMBtu)
LNG
(USD6 - 12/MMBtu)
Coal
Source: IRENA 2015
Hydro: small
Biomass
CSP
Hydro: large
2012
2009
2006
Nat. Gas
Solar PV: small
Nuclear
Solar PV: large
Onshore wind
Coal
Biomass
2003
2000
1997
1994
Solar
Offshore wind
0
0.00
1991
Primary Energy Dollars
per mmBtu
100.00
The Levelised Cost of Electricity
from Renewable, Fossil and Nuclear
Technologies (2014)
Solar is already the least cost option in many regions, and prices will continue
to decline rapidly. Utility-scale PV system costs will halve by 2040 to only $0.69 per
watt ($2014), according to Bloomberg New Energy Finance.
Recent Notable Long-Term Fixed Price
Solar Contracts
India LCOE for large-scale PV versus
fossil fuels
($/ MWh, nominal, capacity factors are 16 to 21%)
Brazil
$0.08 / kWh
200
Dubai
$0.058 / kWh
150
Germany
$0.09 / kWh
100
India
$0.07 / kWh
50
United States
$0.038 / kWh
0
2015
India gas
India coal
2020
2025
2030
2035
2040
Source: BNEF New Energy Outlook 2015
Global Solar Council | www.globalsolarcouncil.org
3
Solar Most Versatile
Form of Electricity
Solar is the most versatile and democratic form of power available because it can
be used in many sizes and applications anywhere in the world. Not only does solar
have more generating potential over a wider area than any other source – and can be used
for smart on-grid distributed generation, it is a disruptive leapfrog technology uniquely
suited to empower the 1.3 billion people who currently lack access to electricity.
Solar power also has the highest share of popular support of any electricity technology.
Most People Without Access To Electricity Live In Areas With High Solar
Resources
Source : NASA, IEA
Solar is the only source of power that can be used in basically any size and
uncounted applications: from large utility-scale power plants to grid-connected
residential rooftop systems; from beautiful building-integrated architecture and smart
digitalized houses to simple solar home systems; from large installations on commercial
buildings for self consumption and backup to hybrid installations in mines to reduce diesel
consumption; from solar car ports to consumer electronics.
There is a solar system and type for anyone anywhere.
4
Global Solar Council | www.globalsolarcouncil.org
6
1
2
4
5
3
7
8
9
10
1, 2, 4 © Photo courtesy of Canadian Solar Inc. / 3, 6, 7, 9, 10 © Photo courtesy of Phaesun Gmbh. 5 © Photo courtesy
of SunPower Corporation / 8 © Photo courtesy of Scatec Solar
Global Solar Council | www.globalsolarcouncil.org
5
Solar Key to Meeting
Climate Goals
It is already one of the fastest growing electricity sources globally. Starting in 2022 and beyond,
each year more emissions-free solar will be installed than any other energy source, including
all fossil fuels combined - and this estimate stems from the moderate central scenario of BNEF.
Solar power - THE fastest growing electricity source by 2022
Global gross annual capacity additions by technology, 2015-2040 (GW)
2022
400
12GW
300
30GW
49GW
100GW
200
19GW
88GW
100
2016 2018 2020 2022 2024 2026 2028 2030 2032 2034 2036 2038 2040
Flexible capacity
Other renewables
Wind
Solar
Nuclear
Fossil Fuels
0
Source: BNEF New Energy Outlook 2015
Even if implemented aggregated and globally scaled up, the government commitments
(INDCs) submitted to COP-21 in Paris are not enough to keep the average global warming
below 2°C. But if national governments set the right market conditions, solar with its quickly decreasing cost and versatility - is the top candidate to help
closing the gap of the INDCs.
Estimates from Bloomberg New Energy Finance see total solar power generation capacity
up to 5 Terrawatt (TW) in 2040, reaching a penetration level of close to 20%.
THE POTENTIAL OF SOLAR IS HUGE - FORECASTS FOR GLOBAL INSTALLATIONS &
PENETRATION
GW
6,000
5,000
4,000
3,000
2,000
1,000
0
% of generation
5,008
3,697
2,722
1,639
104
1,074
2012
2040 Lower
Bound
Utility scale PV
1,936
1,783
1,904
3,063
2040
2040 Upper
Central
Bound
Small scale PV
20%
15%
10%
5%
0
2012 2015
2020
2025
2030
2035
Source: BNEF New Energy Outlook 2015
6
Global Solar Council | www.globalsolarcouncil.org
2040
Global Solar Council | www.globalsolarcouncil.org
© Photo courtesy of Canadian Solar Inc.
7
SOLAR Son ‫ يسمش‬Samas Eguzki
SunceThe Nay
Taiyeung Sol 太阳的
principal members of the Global Solar Council
national and regional solar associations from
Sunceare
Slunce
Iru солнечная Zon
both established and emerging markets, including
China, Europe, India, other Asian countries, Middle
Sun Suno
Päike ‫ שמש‬Sól Khorshid
East, Australia, South America and the United States.
Araw, Founded
Aurinko
Soleil
Sinne
by 17 members
at COP-21,
the GlobalGrian
Solar Council is seeking additional partners to work
Sonnetogether
Illios
พลังsolar
งานแสงอาทิ
ตย์andHelios
to accelerate
penetration rates
tackle climate change.
Kuarajhy Shemesh Surya, Nap
Matahari Korshid
Tai you, preah
Board members
atu Saule Zôn mòi Sonn Sonce
Xemx Tàiyáng 太阳的 Slonce Inti
Soare Solnce La Surya Sinko
Sonce Uta Jua d’Sonne Tane Suryan
Duang Ahtit Günes Sontse Haul
слънчев Solarna Aurinko Ηλιακή
du soleil Saura ソーラー SOLAR
SOLAR Son ‫ يسمش‬Samas Eguzki
Sunce Nay Taiyeung Sol 太阳的
Sunce Slunce Iru солнечная Zon
Sun Suno Päike ‫ שמש‬Sól Khorshid
Produced in collaboration with:
For more information contact:
John Smirnow
Secretary-General
Global Solar Council
jsmirnow@globalsolarcouncil.org
Araw,
Aurinko
Soleil
Global Solar Council | www.globalsolarcouncil.org
Sinne