Cost of solar energy falls below fossil-fuels in Australia

Solar Energy - Australian Sun

Solar energy is now less expensive than fossil-fuels A new report from Climate Council suggests that solar energy is now less expensive than fossil-fuels in most major Australian cities. Over the past five years, the cost of solar power has dropped significantly. According to the report, this cost has fallen by 58% over that time period. The falling price of solar energy has made it more attractive, encouraging more businesses and consumers to embrace this form of clean power and distance themselves from fossil-fuels. Costs continue to fall for the…

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New solar energy digital marketplace launches in Australia

Solar Energy - Solar Panels on Roof of Home

Decentralized Energy Exchange aims to expose more homeowners to solar energy Australia has become the first country to launch a digital marketplace for solar energy. Called the Decentralized Energy Exchange, the marketplace is designed to provide homeowners with a way to access solar power. Currently 16% of all clean power generated in Australia comes from rooftop solar panels. An estimated 1.6 million rooftops throughout the country have been equipped with photovoltaic systems. The new marketplace is expected to help more homeowners enter into the solar energy market. Australia is focusing…

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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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Sunflare develops flexible solar panels

Solar Panels - Residential Solar Energy

Flexible solar panels can, potentially, be installed on any surface Sunflare, a company based in California, has developed a new, flexible solar panel that it believes will become a major asset for those interested in solar energy. Following years or research and development, the company has produced a copper indium gallium selenide solar panel. The new solar panel can be installed on virtually any surface due to its flexibility, which may make it quite attractive to homeowners and businesses interested in becoming more environmentally friendly. Cost of solar energy continues…

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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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Scientists develop new technology to efficiently store solar energy as hydrogen fuel

Stanford scientist have made major progress in solving solar power’s storage problem Scientists from Stanford University have reached a new milestone in producing and storing the electricity generated by solar energy systems. Solar power has vast potential, having proven in the past that this form of clean energy can provide abundant electricity when it is needed. The problem, however, is that storing this electricity has proven to be quite difficult, which has made solar energy less attractive when compared to other forms of power. The scientists from Stanford believe that…

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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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MIT researchers seek to understand price reductions in solar energy

MIT research team awarded $1.3 million grant through SunShot Initiative Researchers from the Massachusetts Institute of Technology (MIT) have been awarded a $1.3 million grant from the Department of Energy’s SunShot Initiative. The grant will be used to fund the study of why the cost of solar energy has been going down so rapidly. The study will also determine how costs will continue to fall in the future. The solar sector has been experiencing tremendous growth in recent years, and this is partly due to the falling cost of photovoltaic…

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New York renters could soon have their own community solar energy systems

Community solar energy is coming to New York New Yorkers will so be able to tap into the power of the sun. Renters will have the opportunity to take advantage of community solar energy projects. These projects are designed with a very specific purpose, which is to provide access to clean power to everyone within a specific community. Through a new community solar initiative, energy developers will be able to team with building hosts. Those making use of this community project will be able to use electricity produced by the…

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Solar energy reaches new milestone in the United Kingdom

Solar power outpaces coal in energy production Solar energy has reached a major milestone in the United Kingdom. Over the past six month, solar energy systems have generated more electricity than coal for the first time ever. An analysis from Carbon Brief shows that solar panels generated approximately $7,000 gigawatt-hours of electricity from April to September. This is approximately 10% more than the energy generated through the use of coal. Production of solar power is quickly growing in the UK This milestone highlights the UK’s increasing interest in solar energy…

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Concentrated solar power gets a major boost in China

The solar energy market is growing, showing no signs of slowing down Solar energy has been growing aggressively throughout the world. The majority of this growth is being seen in the photovoltaic solar panel sector, which accounts for the majority of the solar market currently. There is another form of solar power that is gaining momentum, however. Concentrated solar power systems is becoming more popular as the demand for clean electricity grows. Now, this form of solar energy has acquired major support from a country that is becoming heavily invested…

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New graphene solar panels generate power from rain

Scientists are developing graphene solar cells that can also use rain to produce electricity. A team of Chinese researchers from the Ocean University of China in Qingdao have made a breakthrough with graphene and solar panels. They believe that it is possible to harness power from rain via solar cells through a simple chemical reaction that would involve using sheets of graphene to separate the positively charged ions in rain, which would result in electricity generation. The study was published in the journal Angewandte Chemie. The chemical reaction is what…

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Global Solar Panels Market 2016-2021 with Focus on China: MarketResearchReports.biz

MarketResearchReports.Biz has announced addition of new report “Global Solar Panels Market Outlook 2016-2021” to its database. Gen’s report, ‘Global Solar Panels Market Outlook 2016-2021′ provides detailed market and segment level data on the Global and Chinese consumption of Solar Panels. 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 Panels 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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MIT researchers develop new technology to benefit solar energy

New solar panels are highly efficient and can be used to build solar towers Scientists from the Massachusetts Institute of Technology (MIT) have produced new, highly efficient solar panels. The scientists believe that these MIT researchers develop new technology to benefit solar energy are capable of tracking the movement of the sun as it travels throughout the sky. This means that the panels have a greater potential to generate electrical power by gathering sunlight. The panels have been designed for use in solar towers and may help unlock a brighter…

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SunPower’s solar panels break world record

SunPower claims to have the most efficient panels in the world. The American solar energy company announced that it can produce highly efficient solar panels that can convert 22.8 percent of the sun’s light into electricity and can generate 70 percent more energy in the same space, compared to less efficient panels, over the first 25 years. According to SunPower, that is a new world record, reported Fortune. Panels with greater efficiency use less material. The more efficiency solar panels have, the fewer materials are required to make them. The…

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DOE to invest $21 million to support the growth of solar energy

New funding will help the solar sector find more success The U.S. Department of Energy has announced $21 million in funding for the purpose of lowering the cost of solar energy and make it more accessible throughout the country. Approximately $13 million of this funding will be used to help states take advantage of the rapidly falling price of photovoltaic technology. States will be able to take advantage of this trend through economic strategic planning, with a new program launched by the Department of Energy that is designed to provide…

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