Solar energy is thriving in California

Solar Energy - Sunset on Beach in California

California has become a leading solar energy market California has established itself as the leading solar energy market in the United States. The Solar Energy Industries Association notes that the state was ahead of all others in terms of cumulative solar capacity in 2016. Last year, solar energy accounted for 13% of all electricity generated in California. The state is generating so much electricity from solar power systems that it is, in some cases, exporting this energy to other states. Solar power continues to expand throughout the state California is…

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Solar energy may strike a blow against coal industry by 2040

Solar Energy - Coal

Inexpensive solar energy may prove to be a problem for the coal industry By 2040, inexpensive solar energy may deal a grievous blow to the coal industry, according to a new study from Bloomberg New Energy Finance. The study highlights the rapidly falling cost of solar power and its associated technologies. As prices continue to drop, it is becoming easier to embrace solar energy. Bloomberg predicts that solar power will actually be less expensive than coal in most parts of the world by 2021, which may trigger a major shift…

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Solar energy industry is leading job growth in Montana

Solar Energy Industry - Montana Landscap at Sunset

Montana is experiencing a surge in its solar energy industry Solar energy has had a successful year so far in 2017. Last year, the state ranked 40th in the country in terms of renewable energy job growth. Now, however, the growth of the solar energy industry during the first half of this year has set the state on course to reaching 22nd in clean job growth. The solar energy industry has powered job growth in the state, creating new economic opportunities and allowing the state to become more energy independent.…

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India is beginning to move away from coal in favor of solar energy

India Solar Energy - Flag of India

Coal developers are struggling to adapt to the falling cost of solar energy Several of India’s coal developers are beginning to question the future of fossil-fuels in the country as the cost of solar energy continues to plummet. As costs continue to fall solar power is gaining more popularity and support. This is opening up new economic opportunities that those focused specifically on fossil-fuels may not be able to take advantage of. With solar energy now the least expensive form of power in the country, coal developers are beginning to…

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Solar energy industry in the US is experiencing strong growth

Solar Energy Industry Growth in US - Job Application

Solar energy industry has adding jobs faster than the US economy is growing The solar energy industry is having a major impact on employment in the United States. According to a new report from the International Renewable Energy Agency, solar jobs are growing 17 faster than the country’s economy. The report draws upon data from the Solar Foundation. The solar energy industry now has significant economic potential and will likely continue to experience growth despite potential changes to federal energy policies. More than 260,000 people now work in the solar…

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US officials to investigate tariffs on imported solar energy products

Solar Energy Tarrif

Petition calls for safeguards to be placed for the sake of the US solar energy market The United States government is considering imposing tariffs on solar panels that are imported into the country. The International Trade Commission has announced that it has launched an investigation concerning the matter. The investigation is in response to a petition filed by Suniva, a solar manufacturer that has declared bankruptcy. The company suggests that China is responsible for flooding the U.S. market with photovoltaic products. This has caused the price of such products to…

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Report highlights the promising future of distributed solar energy and storage

distributed solar energy - Report

Distributed solar energy is becoming more popular throughout the world A new report from Navigant Research predicts that the global market for the deployment of distributed solar energy and storage systems will expand in the coming years. The demand for solar power is on the rise throughout the world. As more consumers and businesses seek to make use of this form of clean power, the demand for energy storage solutions is on the rise as well. In the coming years, this global market is expected to see aggressive growth, creating…

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REC Solar begins production on its new solar panels

Solar Panels - Solar Energy Panel

Company has begun production on its TwinPeak 2 solar panels REC Solar, a company specializing in the manufacture of photovoltaic products, has become the largest solar manufacturer of solar panels in Europe. The company has now begun production on its new TwinPeak 2 solar panels, each of which can produce a maximum of 350 watts of electrical power. The new panels could further bolster the company’s position in the solar energy market, which is expanding at a rapid pace, especially in European countries that are showing a strong interest in…

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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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