Wanting to save the world is a laudable goal, but economics is where the case for solar power and other renewable energy is being won. BNEF says solar now cost less than any other source of electricity in 60 countries around the world.
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BNEF says the cost of solar power in developing nations will be less than wind power soon and that more there will be more installed solar power in 2016 than wind power for the first time.
The 2016 SEIA Solar Means Business report lists the top ten commercial solar power users. Combined, commercial solar accounts for over 1 gigawatt of electricity, enough to power nearly 193,000 homes.
Originally published on EV Obsession. The prominent advisory firm Institutional Shareholder Services has given its recommendation to support Tesla’s $2.3 billion SolarCity acquisition/merger, telling shareholders that Tesla would be able to bridge the funding gap with SolarCity, and also that the acquisition was an important step in the firm’s path to becoming an integrated sustainable […]
The latest poll from Pew Research Center shows 89% of all Americans strongly approve of the use of solar power to create electricity. 40% say they are considering a rooftop solar system for their own home.
Economic theory says that once 15% of people adopt an innovation, it will quickly be accepted by 60% of people. 17% of Hawaiian homes have rooftop solar today. Does that mean explosive growth is right around the corner?
A new solar power fact sheet and report were recently published by the Mercom Capital Group, a cleantech communications and research firm. Some of the key findings showed decreases in solar power funding, but there were some good signs too. Total corporate funding decreased to $1.7 billion for the second quarter, compared to the figure […]
New figures from the US Energy Information Administration show that renewable electricity generation is surpassing levels from previous years in every month of 2016 so far, which comes as no surprise given that renewable energy dominated. According to the new figures provided by the Energy Information Administration (EIA), based on data through June, “Renewable electricity generation has […]
Originally published on CleanTechnica. Two new studies conducted by Berkeley Labs have concluded that the median installed price of solar in the United States fell by 5% to 12% in 2015. The conclusions are part and parcel of the latest editions of two recurring “state of the market” reports published by the Department of Energy’s Lawrence […]
Consumer Reports says, “There has probably never been a better time to switch to solar.” That’s because the cost of a residential solar system today is about the same as purchasing an economy car. Just as that car can help “pay for itself” because of lower operating costs, a residential system can also “pay for […]