According to Jifan Gao, CEO of Trina Solar, majority of solar equipment manufacturers may disappear in the next couple of years because of the decreasing prices that erode profit margins. This could drive the weaker companies out of the solar industry.
Facebook signed a deal with Cogenra Solar to install a cogeneration system in its head office located at Menlo Park, California. According to Cogenra, it would place photovoltaic solar panels on top of Facebook’s renovated fitness center.
SolarWorld installed solar power modules at Pittsburgh’s Phipps Conservatory and Botanical Garden Center for Sustainable Landscapes, which is located in Schenley Park. The installation can generate up to 125 kW from 250W Sunmodule solar panels that were placed on the roof and on the ground.
The barren Mojave Desert would become home to large solar power plants once the construction is completed. The electricity generated from the desert would be enough to power millions of homes.
The federal government gave the solar power industry support because the sector promised to provide three things to the United States. These are jobs which the country needed immediately, development of an American solar industry that can compete on the global market in the near future, and reducing pollution in the atmosphere for the long […]
Solar equipment manufacturers based in the United States want the government to impose taxes on more than $1 billion Chinese imports. They joined the clamor from the wind power industry to seek compensation for the unfair state aid given to foreign companies.
The solar power industry in Texas is still small, which accounts to just 1 percent of the total electric power produced in the state. Renewable energy advocates say that the state could be the top generator of solar power in the United States within the near future.
While most solar power related companies are coping with lower margins these days, solar inverter manufacturers are not suffering at all. Unlike other companies in the solar industry, solar inverter makers have some insulation from competition despite the weak economy.
Photovoltaic solar energy is gaining support from homeowners across the globe because of its benefits. Using solar panels in one’s home will drastically cut the household’s monthly utility bill as well as decrease the family’s carbon footprint.
The solar industry got a black eye when Solyndra collapsed. But despite the setback, it continues to grow, especially in the Bay Area.