Some facts about Solar Energy

Solar Energy is:

• Scalable
• Cheap and Predictable
• Low Capacity factor= 10-20% only
• Lifetime is quite good- 20-30 years.
• Carbon footprint is more than Wind energy- 48 gCo2/kWh
• Global installed capacity is 227 GW
• Global Energy Production is 235 TWh, i.e 0.08 kWh/Person/day
• Solar energy serves about 1.2% of the global energy demand
• Solar energy accounts for 4% of the renewable energy produced throughout the world.