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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Florida utility aims to increase solar energy capacity

Solar Energy - Solar Array

Florida Power & Light will build eight new solar energy systems The largest utility is Florida has plans to double its solar energy capacity in the coming year. Florida Power & Light has announced that it will build eight new solar farms by early 2018. These solar farms will feed energy into the state’s power grid. The endeavor will help bolster Florida’s solar energy market, which has been growing relatively slowly when compared to markets in other states. Building new solar projects could also have an economic impact on the…

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Legislation in Indiana could curtail the growth of the solar energy market

Solar Energy Market - Sunset in Indiana

Lawmakers seek to remove net metering from the solar energy market New legislation has been introduced in Indiana that aims to bring about major changes to the state’s solar energy market. The legislation intends to remove net metering, which has long been a major incentive encouraging homeowners and businesses to embrace solar. Solar supporters fear that without net metering, many people may be prevented from using the electricity generated by their own solar panels. This could also limit the number of people able to enter into the solar energy market….

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Missouri’s solar energy market continues to see strong growth

Solar Energy Market - Solar panels on roofs of homes

Solar energy market has had a positive economic and environmental impact on the state Missouri is experiencing the economic and environmental benefits of its growing solar energy market. In recent years, the state has been investing in this form of clean power in an effort to distance itself from fossil-fuels and reduce emissions. In 2015, the solar energy market in Missouri experienced healthy growth, which has continued into 2016. With the state experiencing strong growth in the solar sector, Missouri is likely to show more support for this form of…

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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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India continues to reach new milestones with its solar energy market

Solar energy market in India makes more progress thanks to new solar farm In India, plans to build the world’s largest solar energy system are underway. The new solar farm is being built in Kamuthi, Tamil Nadu, and will have a maximum capacity of 648 megawatts. The solar farm will cover 10 square kilometers, making it one of the largest solar projects to be built. By comparison, the currently largest solar energy system is the Topaz Solar Farm, which was built in California with a maximum capacity of 550 megawatts….

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International language could be a benefit for the solar energy market

Researchers propose a unified measuring and reporting system to help solar power Researchers from the King Abdullah University of Science and Technology (KAUST) in Saudi Arabia have offered recommendations to make it simpler for understand solar energy terms across multiple different regions. The solar energy market has long been a challenging arena, make more so by the different terms used to identify the merits and innovations being seen in this sector. Different measuring and reporting systems for solar power are used throughout the world, and an “international language” could help…

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New rule could secure development of new solar energy systems

Obama administration announces new rule that will allow clean energy projects to be developed on public land While Donald Trump may have been elected the next President of the United States, Barack Obama will hold this office until January of 2017. As his term as president comes to a close, Obama intends to secure a brighter future for solar energy. The Obama administration has introduced a new rule that is designed to boost the development of solar energy projects, as well as other clean power projects, in California. California continues…

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Florida voters choose to preserve the solar energy market

Solar energy market receives the support of Florida voters Voters in Florida have chosen to preserve the future of solar energy in their state. On Tuesday, voters rejected Amendment 1, which had been promoted as a benefit for the solar energy market by utilities and other advocates. This was only on the surface, however, as the referendum actually sought to levy fees on solar customers, even when they were not consuming electricity generated by solar panels. Had the referendum passed, solar developers feared that the solar energy market in Florida…

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Tesla shows off its new solar energy solution

Tesla continues to break into the solar energy market with new glass tiles Acclaimed automaker Tesla has very ambitious plans for clean transportation, but this may pale in comparison to the company’s new efforts in the solar energy market. The company has unveiled a new range of textured glass tiles. What sets these glass tiles apart from others is that they are affixed with solar cells. Moreover, these solar cells are almost indistinguishable from their conventional counterparts. This makes gives them a type of “camouflage” quality, which could make them…

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Nevada solar energy market may get a boost thanks to world’s largest solar project

Largest solar project in the world is being built in Nevada Nevada’s solar energy market recently suffered a grievous blow due to legislation being enacted within the state. The legislation requires solar customers to pay more for the electricity they consume through the use of photovoltaic systems. This legislation has had a dramatic impact on the state’s solar energy market, with some developers opting to abandon the state due to poor business prospects. Nevada is, however, home to what will become the world’s largest solar power project, which is expected…

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Florida proposal seeks to boost the solar energy market

Solar power remains somewhat expensive, but leasing programs can solve this Sunlight is free, but using this resource to generate electricity is still an expensive endeavor. While the cost of photovoltaic technologies has fallen in recent years, the typical cost of an average household solar energy system capable of generating a day’s worth of electricity is comparable to a new vehicle. This is why many consumers rely heavily on leasing programs, which mitigate the upfront costs associated with solar energy and makes this form of clean power more attractive to…

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Austin recognized as a leader in the solar energy market

Federal agency highlights Austin as a leading example of solar excellence The United States Department of Energy has issued a federal award to Austin, Texas, for becoming a leader in the solar energy market. The city has successfully made solar power more accessible to consumers and businesses alike. The Department of Energy has named Austin a “SolSmart gold designation” due to its adoption of clean power and strong focus on solar, in particular. Austin is benefiting from the rapidly growing solar energy market in Texas. Solar energy in market continues…

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Solar energy market continues to see price cuts

Cost of solar power continues to fall throughout the world The solar energy market has seen magnificent growth in recent years. Throughout the world, many countries are embracing solar power as a way to save money on energy and become more environmentally friendly. Beyond the economic and environmental benefits of solar, countries are embracing this form of clean power due to its increasingly affordable nature. Over the past few years, the cost of solar technologies has fallen dramatically and there are no signs of this trend coming to an end…

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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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