1,000,000,000,000 watts of solar per YEAR!
If current projections are right, 1 TW of solar capacity will be deployed every year starting 2028. The only “problem” is that forecasts for deployment have consistently underestimated the rate of deployment. This makes it likely that we’ll reach this milestone even early, possibly as early as 2026!
The impact of this rate of deployment is profound, with the most obvious being a massive yearly increase of the renewable energy being made available. However, it will also expose any cracks in the “foundations” of companies, grid infrastructure, and national regulations. Once these cracks start showing it quickly becomes very expensive to retroactively mitigate them.
Amongst the initiatives addressing these challenges is SolarPower Europe’s best practices working group. The intention is to ensure that best practices enabling the expected growth are defined and implemented from day 1.
We are proud to be a member of some of the working groups around #TechnicalAssetManagement, and have made it our mission to provide one of the solutions necessary to enable operationalisation of the resulting best practices
Photo by Tom Fisk