Blog Archive

Global demand for energy is increasing by the hour as developing countries move toward industrialization. Experts estimate that by the year 2050, worldwide demand for electricity may reach 30 terawatts (TW). For perspective, one terawatt is roughly equal to the power of 1.3 billion horses.

To have any chance of preventing dangerous climate change, the world needs to reduce greenhouse gas emissions to net zero or even negative by mid-century. Many experts suggest this means we need to completely phase out fossil fuels and replace them with renewable energy sources such as solar and wind.

The average solar power system price dropped between March and April 2016. The average price per Watt for a fully installed home solar power systems is sitting on around $1.60.

The National Renewable Energy Laboratory this week said that rooftop solar panels have the potential to generate nearly 40 percent of electricity in the U.S. But what about the cost of going solar? Many people ask when the cost of producing power from solar photovoltaic (PV) panels will be equal to or less than buying from the grid – a point called “grid parity” that could accelerate solar adoption.

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