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2017 Was Weird For Solar. What’s Coming This Year and Beyond?

The solar industry weathered a particularly strange 2017, but is poised for global growth.

If the right factors come together, solar power could provide 15 percent of the global electricity mix by the 2030s, rather than the business-as-usual rate of 5 percent, said MJ Shiao, Wood Mackenzie’s global lead for renewables and emerging technologies, during a presentation at GTM’s Solar Summit in San Diego Tuesday.

Achieving that level would make crucial strides toward global climate-change mitigation, but requires overcoming notable obstacles. In recent months, module prices have actually risen, growth in the U.S. has slowed, and policy fluctuation has introduced uncertainty.

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