Global solar energy capacity to surpass nuclear capacity by end of year

Global Solar Energy Capacity

Report highlights the rapid growth of the solar energy sector The world’s solar energy capacity may soon surpass global nuclear energy capacity, according to a new report from GTM Research. Solar power has been attracting strong support throughout the world in recent years. Several countries have embraced this form of clean energy in order to become environmentally friendly. They have also done so to take advantage of various economic prospects that are offered by new solar energy projects. This is all happening as many countries begin to move away from…

Read More

China beats its solar energy goal three years ahead of schedule

Solar Energy in China - Chinese Flag

China now has more than 105 GW of installed solar capacity China has reached a major milestone with its efforts to adopt solar energy. For the past several years, the country has set several clean energy goals. Each year, China has surpassed these goals in its endeavor to embrace clean power. Now, China has overcome another one of its renewable energy goals. The country has beat its solar energy target three years ahead of schedule and now has more than 105 gigawatts of installed solar energy capacity. Solar power is…

Read More

Global solar energy capacity to surpass nuclear capacity by end of year

Solar Energy - Planet Eart and Sun

Report highlights the rapid growth of the solar energy sector The world’s solar energy capacity may soon surpass global nuclear energy capacity, according to a new report from GTM Research. Solar power has been attracting strong support throughout the world in recent years. Several countries have embraced this form of clean energy in order to become environmentally friendly. They have also done so to take advantage of various economic prospects that are offered by new solar energy projects. This is all happening as many countries begin to move away from…

Read More

Target wins top ranking for corporate solar energy capacity

SEIA report shows that Target is number one with installed solar energy capacity among corporations Major retailer Target has been ranked as number one in corporate solar energy capacity for this year, according to a new report from the Solar Energy Industries Association (SEIA). This is the first time Target has managed to acquire this position since the SEIA began surveying solar capacity within the corporate sector six years ago. Target has managed to beat out other massive retailers and companies, such as Wal-Mart, and now boasts of the largest…

Read More

Solar energy market continues unprecedented growth in India

India has become a very attractive market for solar power India’s solar energy sector is currently experiencing a period of unprecedented growth. This is largely due to falling tariffs, more efficient and inexpensive technology, and the growing demand to abandon fossil-fuels and become more environmentally friendly. Notably, China has played a major role in helping the country’s solar energy market grow. Chinese manufacturers have made photovoltaic technology much more accessible by making low cost products. Country aims to add 5.4 GW of solar power to its energy capacity by the…

Read More

Massachusetts is gaining ground with its solar energy endeavors

State is on track to reach its solar targets ahead of schedule Massachusetts may be on track toward achieving its solar energy goals, according to state officials. If lawmakers decide to lift limitations on a program that provides aid for solar energy developers working in the state. Per state law, Massachusetts will be generating 1,6000 megawatts of electrical power from solar projects by 2020. By easing the limitations on developers, the state may be able to reach this goal early, placing it in a lead position when it comes to…

Read More

New Jersey seeks to expand solar energy capacity

New legislation could encourage the adoption of solar power among homeowners and businesses A New Jersey lawmaker wants to bolster solar energy in his state. Assemblyman Tim Eustace has introduced a new bill that aims to introduce new incentives that will encourage homeowners and businesses in the state to embrace solar power. The legislation would offer homeowners and businesses in the five parts of the state that suffer the worst energy grid congestion a 15% incentive to install solar power systems, providing them with $1.50 per watt generated by these…

Read More

20 GW of solar energy proposals are pending in Brazil

Renewable energy auction draws flood of proposals for solar projects Solar energy is gaining significant momentum in Brazil. The country is currently accepting bids for new renewable energy capacity and intends to award projects to developers in the near future. To date, Brazil has received 20.593 gigawatts of solar energy project proposals, coming from 649 different bids. Solar proposals have eclipsed wind energy proposals, with some 17 gigawatts of wind projects being proposed in the country, coming from 730 bids. Some solar energy projects may be oversubscribed While solar energy…

Read More

Utility solar capacity is growing in US, China, and the UK

Wiki-Solar shows that solar capacity is growing quickly in the three countries Wiki-Solar has released new information that shows that the United States, United Kingdom, and China are leading the way in terms of utility-scale solar energy capacity. These countries have become heavily involved in the solar power space, showing strong support for this form of renewable energy because of its economic and environmental prospects. Over the past few years, utility-scale projects have been growing more common, which has lead to a major increase in solar capacity. 8 GW of…

Read More

First Solar reaches 10 GW installed solar energy capacity

Company reaches major milestone in total installed capacity First Solar, a prominent solar energy developer, has reached a new milestone. The company has announced that it has achieved the 10 gigawatts of installed solar capacity. The company suggests that it has installed enough photovoltaic systems to circle the planet more than three times. The company has seen an increase in the demand for solar energy and clean technology recently, largely due to a stronger focus on renewable power, emissions reduction, and economic growth. First Solar’s projects generate an estimated 14,000…

Read More

UK reaches new solar energy milestone

2 GW of capacity installed in the UK this year The United Kingdom has reached a major milestone with its solar energy capacity. According to NPD Solarbuzz, more than 2 gigawatts of solar capacity was installed throughout the country in 2014. The government has been showing aggressive support for solar energy in recent years, making it one of the most heavily supported forms of clean energy in the United Kingdom. Solar power is expected to continue showing strong signs of growth in the coming years. Solar capacity continues to grow with…

Read More

China to double production of solar energy systems by 2017

China continues to lead the world in solar panel manufacture In 2013, China established a new world record in terms of installed solar energy capacity. It was the first time that the country had lead the world in solar power installations and the manufacture of photovoltaic products, but China is not satisfied with its accomplishments in the clean energy field. While the country currently accounts for a staggering 64% of global solar panel production, it is looking to find more success in this field in the coming years. GTM Research…

Read More

Solar energy finds success throughout 2013

Installed solar capacity worldwide in 2013 reaches 37 GW The past year has been very positive for the solar power sector. A new report released by the European Photovoltaic Industry Association shows that 37 gigawatts of solar capacity was installed throughout the world in 2013. This is higher than the solar capacity that NPD Solarbuzz had predicted for 2013, though the organization does estimate that installed capacity worldwide will reach 49 gigawatts this year. Solar energy has attracted a great deal of attention because of its economic prospects. Report shows…

Read More

Solar energy wins more support in Tennessee

Utility to increase solar capacity The Tennessee Valley Authority, a federal organization that acts as an energy utility, has begun taking steps to increase its solar energy capacity. The organization has been showing a strong interest in clean power for some time, but has made only modest attempts to increase its use of renewable energy in the past. The demand for clean power has been growing among Tennessee homeowners, putting pressure on utilities and encouraging these organizations to embrace solar power and others forms of renewable energy. 126MW to be…

Read More

Solar energy reaches a major milestone in the US

10GW of solar energy capacity reached Solar energy in the U.S. set a new record during the third quarter of 2013. According to data from GTM Research and the Solar Energy Industries Association, solar capacity in the U.S. reached the 10 gigawatt milestone. The growth of the U.S. solar sector may be on track to outpace that of Germany. For the past few years, Germany has been considered the leading power when it comes to solar energy, but the U.S. has been growing more aggressive on solar power over the…

Read More

Solar energy generation shows growth in 2012

Data shows that solar generation grew in 2012 The U.S. National Renewable Energy Laboratory has released new data concerning the country’s photovoltaic generation capacity in 2012. Solar energy has become quite important to the U.S. due to the country’s increasing interest in finding alternatives to fossil-fuels. While t he U.S. is likely to continue its use of fossil-fuels well into the future, solar power has become one of the leading forms of clean power in the country and may soon serve as a replacement for conventional forms of energy. Data…

Read More