Strategic Focus: What Plentiful Solar By 2030 Means For Corporate Energy Strategies
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Executive Summary
Solar energy has become the backbone of the global energy transition. It is the cheapest and most abundant source of renewable energy; 80% of renewable energy capacity growth to 2030 is expected to be solar. Yet the exponential growth of solar power creates serious challenges for corporate buyers: abundant supply and outdated grids mean greater curtailment risks, extreme price fluctuations, interconnection delays and wider systemic volatility. These dynamics undermine the value of traditional solar power purchase agreements (PPAs), forcing organizations to adapt procurement strategies. Off-site deals must focus on diversified, flexible and time-matched portfolios that integrate storage and other technologies, while on-site solar energy should be repositioned to focus on resilience and independence rather than export revenues. Corporate energy leaders should use this report to understand the dramatic rise of solar energy and how their procurement strategies must evolve in response to changing market dynamics.
About the Authors
Connor Taylor
Principal Analyst
Connor is a Principal Analyst at Verdantix. He focuses on delivering research to help senior executives navigate decarbonization decision-making and build effective strategies...
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Ryan Skinner
Research Director
Ryan is a Research Director at Verdantix, where he leads a team of analysts delivering research, data and advisory services that help clients navigate the fast-evolving landsc...
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