US and China power growth of the solar energy industry

Solar Energy Industry Power Growth - USA and China

Highlight showcases the continued expansion of the solar energy industry The solar energy industry has grown significantly over the past year and the United States and China have contributed heavily to this. A new report from SolarPower Europe shows that 2016 was a major year for the solar sector, with installed capacity surpassing 76 gigawatts. By comparison, some 50 gigawatts of solar capacity were installed worldwide in 2015. Falling prices throughout the solar energy industry have helped power this growth. China contributes heavily to the growth of the solar market…

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Solar energy industry employs more people than the coal industry in the US

Solar Energy Industry - Jobs

The solar market continues to show major economic potential The solar energy industry in the United States now offers more jobs than the coal industry, according to a recent survey from Solar Foundation. The solar sector has been growing quickly in the country over the past few years, even outpacing fossil-fuels in terms of new energy generation capacity. Despite this, however, solar only accounts for approximately 1% of all electricity produced within the United States, but the sector represents significant economic potential that is impossible to ignore. Survey highlights the…

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India’s solar energy industry is emerging as a world leader

India continues to support the growth of its thriving solar energy industry With 2016 coming to a close, India has emerged as a prominent player in the solar energy industry. The country has shown strong support for solar power over the past year, with government incentives encouraging developers to bring their projects to India. Currently, India currently has 10 gigawatts of installed solar capacity, which is a thousand-fold increase over the capacity that was available in the country in 2010, when India launched the National Solar Mission. Installed solar capacity…

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Solar energy is becoming less expensive than coal and wind

New highlights the major accomplishment the solar sector has achieved The solar energy space has accomplished something that was previously thought impossible. According to data from Bloomberg New Energy Finance, solar power is now the world’s least expensive form of energy. In the past, solar power has managed to find major success in various parts of the world, particularly the Middle East, where sunlight is abundant. The data from Bloomberg shows that solar power is now less expensive than wind and coal, making it a very attractive form of electrical…

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Solar energy industry reaches a new milestone in the United States

Solar installations hit a new record in the third quarter The third quarter of this year was one of the best that the solar energy industry in the United States has ever seen. GTM Research and the Solar Energy Industries Association have released a new report predicting that 2016 could end up being a record breaking year for the solar sector. Notably, 2016 solar capacity could beat the number of solar installations that were reported last year, further aiding the United States in reducing its reliance on fossil-fuels. 4,143 MW…

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Solar energy industry to break even on costs and environmental impact

Study shows that solar panels are becoming less expensive and producing fewer emissions A new study from Utrecht University in the Netherlands has found that solar panels have produced more energy than it too to develop and install them over the past 40 years. According to the study, the solar energy industry, as a whole, will break even within the coming years, showing the economic capabilities of this form of clean power. Researchers from the Utrecht University note that photovoltaic systems have been able to pay back the energy invested…

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Massachusetts to change program to support solar energy industry

Solar energy industry will gain more consistent financial support from new program Massachusetts is looking to make changes to its solar energy incentives initiative. The Massachusetts Department of Energy Resources has released a proposal for a major restructuring of the initiative, which may have major implications for the solar energy industry in the state. Currently, the state offers two types of incentives, but they are very volatile, with their value fluctuating wildly based on many factors. Level of incentives being offered will be based on size of solar projects The…

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US solar energy industry continues to see growth due to falling costs

Reports highlight the increasing affordability of solar power The solar energy industry in the United States continues to show signs of healthy growth. According two new reports from the Lawrence Berkeley National Laboratory (LBNL) and the Department of Energy show that this growth is being supported by the continued decline in the prices for solar power systems. The falling price of solar power has been a longstanding trend, which has made this form of renewable energy more attractive and accessible to consumers throughout the country. Distributed solar power is growing…

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Latest Report on Global Solar Power Market Outlook 2016-2021 Just Published: MarketResearchReports.biz

MarketResearchReports.Biz has announced addition of new report “Global Solar Power Market Outlook 2016-2021” to its database. Gen’s report, ‘Global Solar Power Market Outlook 2016-2021′ provides detailed market and segment level data on the Global and Chinese consumption of Solar Power. The report provides historic, forecast and growth patterns by company, country and type/application from 2016 to 2021. This report delivers an extensive overview of Global Solar Power industry with a focus on China. It also acts as an essential tool to companies active across the value chain and to the…

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Federal tax break for solar energy has been extended

Congress has ensured that the solar energy industry will continue to receive support The future of solar energy in the United States has just become brighter. Congress has approved an extension for the federal tax break that has supported the development of solar projects. Following concerns from various organizations that support the solar industry, Congress has ensured that tax breaks will still be available for another five years. Initially, the federal tax break was set to expire at the end of 2016, which may have put a great deal of…

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2015 Global Solar Energy Industry – Emerging Opportunities And Competitive Landscape: MarketResearchReports.Biz

MarketResearchReports.Biz has announced addition of new report “Global Solar Energy Industry 2015 Market Research Report” to its database. The Global Solar Energy Industry 2015 Market Research Report is a professional and in-depth study on the current state of the Solar Energy industry. The report provides a basic overview of the industry including definitions and classifications. The Solar Energy market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Download Sample Copy of this Report at http://www.marketresearchreports.biz/sample/sample/462331 Development policies and plans are…

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Solar energy sector to reach $803 million by 2020 in the US

Study highlights the growth of solar power in the United States GTM Research has released a new study, which was produced with the aid of SoliChamba Consulting, that predicts the growth of the photovoltaic sector in the United States. The country has become quite fond of solar energy, which is becoming a larger focus for utilities throughout the U.S. as an alternative to fossil-fuels. Solar projects are becoming more common and the value of the photovoltaic sector is on the rise, which is expected to have a significant economic impact….

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Solar energy capacity is growing in Vermont

Report shows that Vermont’s solar capacity is growing quickly Vermont has made promising progress in bolstering its solar energy capacity, according to a new report from the Solar Energy Industries Association. The report highlights the growth of solar capacity throughout the United States, but notes that Vermont has become a very promising market for solar energy developers. The U.S. solar market is showing healthy signs of growth as more states move to embrace clean energy for economic and environmental reasons. State installed 38 MW of solar energy capacity last year,…

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Changing solar energy market puts pressure on developers in Australia

Australia’s solar sector is beginning to evolve, affected by global trends Australia’s solar energy industry is facing an uncertain future despite strong growth and progress made over the past few years. The country has become a promising market for solar power, but government policies and a changing global market have placed many projects and initiatives in a difficult position. Solar Business Services, an organization focused on the Australian solar power sector, has released a new report concerning the future of solar energy in Australia. Energy developers may need to work…

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Solar energy industry expected to see strong growth this year

Solar industry is set for worldwide growth The solar industry is poised to see strong growth this year, according to new predictions coming from Bloomberg. Consultants from Bloomberg note that many organizations and countries have become quite aggressive when it comes to the issue of renewable energy, sustainability, and how clean power can affect an economy. Analysts suggest that as much as 44.5 gigawatts of new solar capacity may come online this year and this estimate is quite close to those already made by Deutsche Bank. Industry expected to grow…

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China maintains tariff on solar energy materials

China opts to uphold tariffs on materials from the US and South Korea The Chinese government has opted to uphold the tariffs it had announced last year on imports of a raw material from the U.S. and South Korea. The material is known as solar-grade polysilicon and is used in the manufacture of solar panels. The move to uphold tariffs may have serious implications for China’s solar panel manufacturers, who produce more than half of the world’s supply of solar panels. Manufacturers had hoped that the tariffs would be revised,…

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