According to its learning curve, yeah, It has this potential. But nowadays there exist concern regarding sustainability assessment of renewable energies like the material they need to be produced, the embedded emission in their supply chain, Land use change etc.
Take a look at these a highly-cited scientific references:
The answer to your question is a cautious yes, if the current literature is any indication to future topologies. In the future there will be a large number of small generators (solar as well as other forms) connected to the distribution networks which use AI to manage. Efficient integration of this smart distributed generation requires network innovations which are yet to be realized. For a short summary of advantages and disadvantages see: https://www.conserve-energy-future.com/distributed-power-generation.php
Although I am agree with the Hassan Hameed , There is a new trend emerging which working on extending the Solar PV life time. For example, Take a look at this:
Remember that the cost of the source energy for solar is zero - the only costs measured using conventional financial analysis are those of depreciation and maintenance. Depreciation will reduce to zero after a number of years; maintenance will tend to increase slowly until some major part needs replacing then it will jump rapidly. In my opinion the price of the solar panels is no longer a dominant factor in the cost of solar. It is all the other equipment that you need to mount them, connect them up, manage them and their metering systems and so on. I don't see these dropping much in the future, so the overall systems cost of solar is probably close to a minimum now.
Yes, I think so. The world's energy scenario is changing with the increment of Solar energy. In some countries, the conventional fossil power plants shut down by the implementation of Mega Solar power plant.
The researchers are inventing the Solar vehicles to replace the conventional vehicles for Climate Change mitigation.
We all are living with Solar resource. The other energies are established from it.
In agreement with my colleagues above i see the dawn of the photovoltaic electricity generation is shining and the development of large scale PV power sensations becomes a reality in the technology Giants China and the united states of America. I predict that the PV share will increase exponentially with time in growth law similar to that of Moore Law for the growth of the evolution of the integrated circuits in electronics.
I wrote a short paper on the evolution of PV generation, you can follow it in the link: https://www.researchgate.net/publication/320613839_From_conventional_to_renewable_energy_transformation_challenge
In agreement with my colleagues above i see the dawn of the photovoltaic electricity generation is shining and the development of large scale PV power sensations becomes a reality in the technology Giants China and the united states of America. I predict that the PV share will increase exponentially with time in growth law similar to that of Moore Law for the growth of the evolution of the integrated circuits in electronics.
I wrote a short paper on the evolution of PV generation, you can follow it in the link: https://www.researchgate.net/publication/320613839_From_conventional_to_renewable_energy_transformation_challenge
While PV power generation might not be able to compete with hydroelectric power generation (where applicable), it shuld certainly be able to keep up with combustion-based power stations.
Although there are some challenges like limited availability (daytime-only, depending on weather etc.), storage issues resulting from this and so on.
Care as to be taken on the lifetime of the inverters necessary as some components show significant wear if not designed properly.