Energy storage is turning into big business, and it is happening quicker than originally predicted. The global rise of renewable energy is being driven by government-mandated pushes for a rise in solar and wind, and with this increase in renewables comes a need for better energy storage. Click here to read more.
Innovation is driven by money in our capitalist landscape, and when the cost of new technology is low, exciting things can happen. This article traces the cost of solar power, which per kWh has fallen below the price of coal and gas. Read on for more information here.
In Oregon, researchers found another positive benefit of solar panels and the environment. Panels at an Oregon solar facility positively altered the local microclimate and benefited the local wildlife as air, water and soil quality all improved. Read on for more information here.
Financial advisory company Lazard has released its annual Levelized Cost of Energy (LCOE) report, and wind and solar costs per MWh are continuing to fall. The company also addressed storage costs, and identified that short term batteries are the most cost effective in regards to renewables. Read on for more information here.
Future technology could allow for solar panels to power homes while also providing a cooling radiator for the house below. As temperatures rise worldwide, this technology, once commercialized, provides a promising future for air conditioner needs. Read on for more information here.
A tremendous opportunity for long-term investors, solar energy is expected to grow 6500% by 2050 according to a new report by DNV GL, a quality assurance and risk management company. Two-thirds of our energy will come from renewables by 2050, with wind and solar actually saving consumers money as they grow. Read on for more information here.
Especially with last week’s harrowing UN Intergovernmental Panel on Climate Change report, environmental reasons can be one of the most important to go solar. Luckily, solar costs are dropping, and they are dropping fast- solar energy is now a feasible form of energy. “The time of solar has arrived and this is good news for the world.” Read on here.
The solar industry is growing rapidly- according to the Solar Energy Industries Association, by 2023, more than 64 million panels will be installed annually. Solar systems are a sustainable way to generate power, but there is an environmental cost- what to do with the panels when they reach the end of their working life? Read on to find out what the top solar researcher’s thoughts are when it comes to solar panel recycling here.
This year (2108) may be the best year for solar loans:
“Despite rising interest rates affecting all consumer lending, GTM Research forecasts in its latest report, Bringing Scale, Profitability and Value to the Residential Solar Market, that solar lending will become the No. 1 consumer finance solution for residential solar systems in 2018.” For more information, read on here.
Through a spontaneous discovery, researchers have developed a new technique that will maximize energy efficiency by “funneling” photovoltaic energy directly into solar panels and batteries. As solar energy becomes more popular for homeowners, scientific breakthroughs such as this could make the technology even more affordable. For more information, read on here.