Thursday, 21 May 2015 09:42

Solar Energy's Decade of Record Growth

Here's a wonderful video showing the amazing growth of solar energy in America.

I think a lot of people will be surprised to learn how fast solar is really growing.

According to SEIA (Solar Energy Industries Association) over the last 10 years the deployment of solar energy in the United States grew at an unprecedented rate.

In 2004 there were 500 megawatts (MW) of solar energy installed nationwide.

By the end of 2014, there were 20,000 MW - enough to power more than 4 million homes. 97 percent of that capacity was added after passage of the Federal Solar Investment Tax Credit (ITC).

By the end of 2016, the solar industry is expected to double in size, offsetting more than 45 million metric tons of carbon dioxide - the equivalent of taking 10 million cars off U.S. highways or shuttering 12 coal-fired power plants.

Published in News

Wow, I saw this on the BBC web site, and thought I'd share it. 

This BBC article discusses how two US companies will be given a large amount of money to help jump-start our solar industry. The money that will be given to these two companies will come from a government stimulus find that is designed to boost the economy during the recession, one of which will use the money to create the world's largest parabolic trough plant as well as the first solar plant in the US with molten salt thermal energy storage.

This initiative will not only provide jobs, but it will provide energy from the sun to power over 70,000 homes WHILE cutting carbon dioxide emissions.

This is good news!

Enjoy!

- Dan

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