The progress of solar energy in the world faces many bottlenecks. Firstly, costs, as installing solar energy systems can be expensive, and the lack of affordable loan or lease options makes these upfront costs high and out of reach for many people and businesses. According to the World Economic Forum (WEF), challenges remain in integrating solar energy into existing electrical grids, especially those with aging infrastructure. The Forum also points out that many people and productive sectors are not fully aware of the benefits of solar energy or do not have sufficient technical knowledge to implement it. In some countries, there are policies and regulations that are unfavorable for the adoption of solar energy, which limits the growth of the sector. Another obstacle is the fact that solar energy still faces strong competition from cheaper traditional energy sources, such as oil and natural gas.
growth
Despite these obstacles, the distribution of solar energy systems around the world has increased in recent years. The proof of this is that most developed countries already have at least 20 GW of installed capacity. China leads with more than 400 gigawatts of operational capacity, with global production concentrated on solar panels and other components in the chain.
Bioenergy Channel-Journal