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Focus on solar

For our first Technology Outlook podcast, we invited several leading players to share their views and perspectives on what’s behind the continued growth of solar. Hear about the impact of new materials, how policy is adapting in different countries, and the potential pitfalls and obstacles to mainlining solar’s current progress

The following solar energy experts feature on the Focus on solar podcast:

 
  • Jenny Chase: Head of Solar, Bloombery New Energy Finance
  • Chris Case: Chief Technology Officer, Oxford PV
  • Pierre Verlinden: PV Consultant
  • Hariram Subramanian: Chief Technology Officer, Huawei Solar
  • Shawn Qu, Canadian Solar, Chairman & CEO
  • Chris Buckland: Technical Director, Lightsource BP
  • Bogdan Gagea: Technology Futures Researcher, BP

Technology Outlook Solar PV report - observations and insights

We regularly carry out detailed studies into specific technologies and their potential, in partnership with leading subject matter experts from industry and academia.

 

BP’s investigation into solar PV highlighted the following observations and insights. More detail is provided in the summary report below. 

 

  1. The solar PV sector is the fastest growing power generation technology and is on track to meet or exceed the IEA Sustainable Development Scenario target
  2. A strong innovation pipeline (>50 technologies) enables cost reductions across the whole solar PV supply chain. Further cost reductions of 30-50% are expected by 2025
  3. Solar PV can grow for decades before intermittency challenges would become material
  4. The levelised cost of energy (LCOE) for solar PV will be competitive against traditional energy generating technologies across most regions by early 2020s
  5. Lower costs of renewable energy start to unlock other integrated energy applications

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