Solar Power

Solar power is leading the decarbonisation of the power system. Despite a few challenging years with global supply disruption, solar power has continued its exponential growth. The milestone of 1TW installed solar generation capacity worldwide was passed in 2022, and close to 350GW was added in 2024. Forecasts indicate that the installed solar capacity may almost double every three years. The added capacity is deployed through utility scale projects, rooftop installations, and decentralised generation. Rapid market growth will see an increase of construction, financing and transactions related to solar power assets. With solar power now being an established technology and a more substantial part of the overall power generation, the regulatory landscape is also adapting. Many jurisdictions are seeing a more mature and comprehensive regulation of solar power, making the development process of projects more complex. This second edition of Solar Power: A Practical Handbook provides an in-depth analysis of various aspects of solar power including its commercial, technological and regulatory characteristics. It also provides a practical guide to developing, financing, acquiring and disposing of solar power projects. Whilst being a technology which has been adopted on a global basis, each jurisdiction has its own dynamics, so the book considers the market-specific aspects of solar power in a number of key locations including China, the Middle East, the US and others. This book, featuring chapters by leading practitioners, will be of interest to lawyers, commercial managers, financiers and other consultants.