As the sun sets on another revolutionary year, the prediction for 2022 shines bright with the most innovative and state-of-the-art solar technologies. In 2021, the maximum number of total solar power plant installations broke previous records, leading experts to project yet another big year for the solar energy company in 2022.
As the demand for renewable power continues to expand in the public, private, and administrative sectors, solar power companies are growing their renewable energy portfolios and playing a vital role in attaining energy independence.
Despite the year’s setbacks, solar power has remained strong, inspiring a positive outlook for the year ahead. This demand has resulted in more opportunities with solar plant systems and the transmission line network required to bring solar energy to the market. As a result, work and growth are predicted to continue into 2022. So let’s discuss some of the solar energy trends that will rule in 2022.
Solar Will Continue to Grow, Even During the Pandemic
The pandemic’s entry in 2020 challenged almost every business to modify and revolutionize. While the solar industry had its own complications to bear, implementing strict safety protocols and refining digital business practices made all the difference.
Also, the new trends in the solar technology utilized within the solar power industry provide more manageable energy-efficient solutions. Therefore, the trends of solar energy technology produce more insight into how this technology can help your business stay competitive in 2022 and future years.
Surges In Solar Installer Jobs Will Persist
Solar Experts predict that the solar energy sector will grow at an average of 13% per year between 2020 and 2030, which means this is a golden opportunity to join the fleet of solar power companies in India.
It is expected that approximately 42 million people will work with renewable energy systems by 2050, whether in solar panel manufacturing, installation, or maintenance. A whopping majority of these roles will relate to the solar energy sector.
Read about Solar Panels in India
Sustainability Goals Become More Ambitious
Brands across the nation are vigorously implementing more sustainable practices to help mitigate the effects of climate change. As a result, many companies have created ambitious plans to reduce carbon emissions, all within a tight timeline significantly.
The solar trend will continue and increase those efforts within the next year as more brands implement cleaner energy for cost savings and corporate social responsibility efforts.
Energy Storage Demand Rises
The future of solar energy is here, and it starts with homeowners getting more control over the power they generate through their solar panels. When extreme weather hits and leads to rolling blackouts from wildfire activity, snowstorms, and even hurricanes, it makes sense that homeowners would want a solar battery on their side.
Many are already finding great value in the peace of mind that a dependable backup system can bring, and we expect interest to only rise over time. By 2040, around 49% of total electricity is expected to be produced from renewables in the form of more efficient solar batteries to store electricity, further cutting the solar energy cost by 66% compared to the current cost.
Solar Power Becomes More Affordable
Solar energy has become more conventional globally, and that is due to policies supporting its implementation. As a result, the decision to switch to solar power has become increasingly affordable throughout the decades.
Additionally, the Government is committed to increased use of clean energy sources and is already undertaking large-scale sustainable power projects and promoting green energy heavily. As a result, according to the International Energy Agency (IEA), solar power is now the cheapest source of electricity in history for some parts of the world.
In a couple of decades, renewables are expected to be the primary energy source in most world regions. Moreover, with global digitization, more technologies will be adopted by the solar energy industry in the next few years. Hence, leaders need to look at the latest trends in the renewable energy market and those in the IT software technologies.
Furthermore, with the Government promoting solar panel installations in the rural areas by providing subsidized solar panels and another incentive, the demand of solar PV suppliers is expected to increase during the forecast period and drive the market. The Government of India wants to develop a green city in every state, powered by renewable energy. The green city will mainstream environment-friendly power through solar rooftop systems on all its houses, solar parks on the city’s outskirts, and electric mobility-enabled public transport systems