The correlation between solar irradiance and the 11-year solar activity cycle
is evident in the body of measurements made from space, which extend over the
past four decades. Models relating variation in solar irradiance to
photospheric magnetism have made significant progress in explaining most of the
apparent trends in these observations. There are, however, persistent
discrepancies between different measurements and models in terms of the
absolute radiometry, secular variation and the spectral dependence of the solar
cycle variability. We present an overview of solar irradiance measurements and
models, and discuss the key challenges in reconciling the divergence between
the two