The U.S. Department of Energy has just announced a plan to cut the cost of solar power 60 percent by 2030. The plan includes $128 million in funding to accelerate the adoption of solar, improve solar panel performance, and lower the overall costs of implementing solar. “This burst of funding will help us add even […]
Solar Industry Sets Records For 2020
Despite the Covid 19 Pandemic, the U.S. solar market experienced significant growth in 2020. According to the Solar Energy Industries Association (SEIA), the industry grew by 43 percent and installed more than 19 gigawatts of solar electric capacity in 2020. Also notable is the fact that, for the second year in a row, solar power […]
The DOE Announces $125 Million In New Solar Funding
The U.S. Department of Energy made an announcement today, the 5th of February, that it is investing $125.5 million in support of further improvements in solar power and other renewable energy technologies. This investment will, more specifically, go towards improving the reliability of the nation’s grid, creating a more robust American manufacturing environment, and helping […]
Report Shows Strong Solar Growth Trend
In a recent Department of Energy report, new wind and solar power capacity additions dwarf most fossil fuels types. This post is basically part two of the most recent one detailing future solar power growth predictions in the U.S. The basic idea here is that solar has been, and is completely expected to, stay on […]
Large Solar Installers Fail To Achieve Profits
$17 billion. That was the total revenue of the American solar industry in 2018. It might shock some to discover that many of the largest solar installers in the country failed to show a profit in spite of such a large number. It’s also worth noting that this story pertains to a growing industry. A […]
The United States Now Has More Than 2 Million Solar Panel Installations
According to SEIA.org (Solar Energy Industries Association), there are now more than 2 million solar panel installations across the United States. This represents a significant milestone for an industry that is poised for further growth. It was just a few years ago that the solar industry in the U.S. began to finally grow at good […]
Solar Now Accounts For More Than 2 Percent Of U.S. Power
According to the U.S. Department of Energy, solar power accounted for 2.4 percent of the nation’s electricity demand in 2018. Combining both utility scale and non-utility scale, the total solar industry grew 25 percent in 2018. California continues to be the solar power leader. The state increased its 2017 levels by 15 percent. It is […]