The solar energy policies of the United States government have been in the spotlight this week when Solyndra announced his bankruptcy. It came two years after it received a $545 million worth of federal loan guarantees.
The solar power industry in the United States looks good on paper. State and federal subsidies decrease the costs of solar power system installations even though some of the states have discontinued their solar programs due to budget constraints.
During the opening of the fourth annual clean energy conference, Senator Harry Reid unveiled the plan for the first ever hybrid geothermal and solar plant. This would combine two of the most popular renewable energy sources in Nevada in a single power plant.
The Department of Energy will be funding high efficiency, low cost solar energy projects through its new SunShot initiative funding.
The US federal government cut billions of dollars that used to fund the research and development of solar power technology but reports show that investments in renewable energy around the world increased by up to 32 percent to $211 billion.
Maryland’s Board of Public Works voted two to one last Wednesday to approve the lease of state prison land to Maryland Solar, which is a solar farm, for the next 20 years.
Hawaiian Electric announced that it teamed up with Electric Power Research Institution to collect and analyze information from a charging station that has photovoltaic solar panels on the roof of a carport.
Solar power projects are going to rise in Georgia and Alabama. Georgia Power just got the approval from state regulators while Alabama Power is presently doing a research project regarding solar power.
According to a study made by researchers from the UC San Diego Jacobs School of Engineering, solar panels have more advantages than just generating clean energy to the household.
When the U. S. economy is good, growth is expected to be from 3 to 4 percent. But in 2010, solar power industry grew by 67 percent.