Solar energy sector prepares for total eclipse in the US

Solar Energy - Solar Eclipse

Eclipse will have a major impact on solar power production Several solar energy companies are preparing to suffer the impact of a total solar eclipse that will cross the United States later this month. The eclipse will make its way from Oregon to South Carolina, with the moon casting a shadow that is 70 miles wide. This will effectively halt all solar energy production along the path of the eclipse. Solar power production is expected to be cut by some 9,000 megawatts during the eclipse, which is approximately the same…

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Solar energy market could become an economic boon for Brazil

Embracing solar power is expected to create new economic opportunities for Brazil Solar energy could become a major source of economic growth for Brazil in the coming years, according to a report released by Greenpeace. The country’s solar sector has been growing over the past few years and the demand for new projects has been on a steady rise. The report from Greenpeace suggests that Brazil’s solar energy market could create millions of new jobs, creating new economic opportunities, but only if the Brazilian government chooses to adopt measures that…

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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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Solar energy shows signs of promise in new report

Report highlights investments coming into the solar energy field The Mercom Capital Group, a market intelligence firm, has released a new report concerning venture capital in the solar energy sector. The report suggests that the funding that solar energy has been receiving from private investors has been on the rise over the past year. In the third quarter of 2013, the report shows that some $207 million in venture capital came into the solar energy sector, an increase of over $18 million from the previous quarter. Investors growing more confident…

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China bans construction of new solar energy module manufacturers

Ban may be a boon for the solar energy sector The Chinese government has instituted a ban on the construction of new solar panel manufacturing facilities which may, oddly enough, be a benefit for the country’s solar energy sector. China is considered one of the most prolific manufacturers of solar panels. The country has invested its industrial might in producing solar technologies and shipping them to foreign markets, where they have found a great deal of success in terms of sales. The problem, however, is that the success of solar…

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China introduces new subsidy to support solar energy

New subsidy designed to support small-scale solar energy projects China has been working to renovate its domestic solar energy industry lately due to the problems caused by a former trade dispute with the European Union. Several large manufacturers within the country that have been struggling financially have lost government support, which has been re-attributed to smaller companies producing photovoltaic modules and other solar technologies. China’s efforts to reform the solar industry are not just focused on businesses, of course, as the country is keen to see the adoption of solar…

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Solar energy market becomes unpredictable in Europe

Solar energy unpredictable in Europe

Solar energy modules see turbulence in Europe The European solar energy module market has become unpredictable, according to a new study from Trendforce, a leading market research institution. In the past, Europe has held a dominating presence in the field of photovoltaic module manufacture. Many European companies were able to find success in this field by catering to the rising demand for solar energy that was being seen in Germany and its neighbors at the time. While this demand has not diminished in a significant way, China has muscled its…

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Solar energy to hit grid parity by 2020

Solar Energy Costs

Solar energy may be able to attain grid parity The solar energy sector has experienced problematic trials and tribulations over the past several years. Solar was once considered to be nothing more than a novelty energy, fit only for powering eccentric and somewhat impractical electric vehicles. Now, however, solar energy is considered one of the most promising forms of renewable power and it has managed to establish a strong following among some of the world’s largest countries. As solar energy grows more popular around the world, the issue of grid…

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New education program brings solar energy knowledge to the Army

Solar Energy - Army Education Program

Army to learn more about solar energy The U.S. Army continues to grow more involved in the realm of renewable energy. The Army has put a great deal of focus on the use of solar energy in the hopes of breaking its reliance on fossil-fuels and making breakthroughs in clean technology. Recently, the Army began working closely with Solar Energy International, an education organization devoted to offering training for jobs related to the solar energy field. Through its partnership with the military, Solar Energy International has launched a new scholarship…

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Solar energy makes major progress in 2012

Solar Energy Progress

Global solar energy capacity reaches new milestone Solar energy has gained significant momentum around the world. It has become one of the most popular forms of renewable energy in Europe and has helped many countries in the region find some economic progress amidst financial crisis. China has also seen strong growth from its focus on solar energy, reporting declining emissions and new economic opportunities. The European Photovoltaic Industry Association, an organization devoted to the progress of solar energy, has released a new report concerning the gains solar energy had seen…

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