Blog
More Growth in Solar’s Future: No Surprises
A new study, released by Bloomberg New Energy Finance, charts the growth of solar energy over the coming decades and the results show a massive expansion in renewable power.
The study expects $3.7 trillion in new solar investment between now and 2040; effectively, a third of all new power will come from solar energy over the course of the next 25 years. Theses solar gains will have an outsized effect on the energy market as countries, especially developed ones, continue to make large effici
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Jul 25th 2015
White House Launches Nationwide Community Solar Program
On July 7, 2015 the Obama Administration launched a bold plan to increase solar energy usage within the United States as part of a nationwide initiative to address climate change while promoting clean energy initiatives.
According to NPR, the plan primarily focuses on increasing access and exposure to solar energy in low- to moderate-income communities across the country while creating jobs in the solar energy sector. Focusing on rounding out the solar energy industry to increase the acces
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Jul 8th 2015
State Laws Impose Limits on Community Solar
Most residential roof space is not optimal for solar panels. Only 22-27% of residential buildings in the U.S. are viable for solar panel installation, according to a study by the
National Renewable Energy Laboratory. This has inhibited the access of many communities to renewable energy sources that they demand. Community solar projects give those American homeowners or renters an opportunity to volunteer to invest in solar energy generation, whether it be for clean power or a financial ben
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Jul 8th 2015
Oil Rich Kingdom Turns to Solar to Calm Energy Concerns
Looking to the future as demand for energy increases and oil reserves decrease, Saudi Arabia has made huge strides towards solar energy. Prince Turki bin Saud Bin Mohammad Al Saud is pushing solar from within state-run entities and companies to achieve a greater level of energy security for the country.
According to
Bloomberg New Energy Finance, while Saudi Arabia currently has a capacity of less than 50 megawatts of solar power-only 0.1 percent of German solar energy capacity-this new p
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Jun 26th 2015
Clearer Skies and Greener Clouds: Amazon Backing Solar Energy
The futurist aspect of the technology sector is not wholly equal across the board: an astounding amount of energy is needed not only to run online servers themselves but also to keep where the servers are stored frigid and dry with air conditioning. And this energy does not necessarily come from renewable energy resources. Some cloud-computing firms, such as Apple, Yahoo, or IBM, are attempting to remedy this problem by going green when it comes to energy consumption; others, such as the o
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Jun 10th 2015