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In many countries, solar power is gaining popularity because the cost of photovoltaic (PV) modules and systems is rapidly decreasing; making it more competitively priced against electricity generated from fossil fuels. Some countries have reached grid parity, meaning solar, or another renewable power source, generates electricity at costs equal to, or less than, the conventional fossil fuel sources. In areas where the conventional electrical grid is hard to reach, solar energy has become a substantial alternative energy source. Solar energy is a clean, inexhaustible energy source and according to the International Energy Agency (IEA) publication, Technology Roadmap: Solar Photovoltaic Energy, Edition 2014, it could be a significant source of electricity by 2050.
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