A community solar project is also known as shared solar energy plant or solar garden. In this green energy distribution model, one solar plant can be shared by more than one household. The solar plant can either be owned by a residential community or a third party. Primary Purpose This model is developed to help …
The US had a total of 76 GW of solar capacity by the end of 2019. Although the solar energy growth targets for 2020 were slashed, due to COVID 19 outbreak, the solar industry has still managed to bring forward good news for the US. Recent research by Lawrence Berkeley National Laboratory indicated that utility-scale …
Over the past decade, the cost of solar has fallen dramatically (nearly 90%). With new technologies and innovation in solar power systems, green energy generation efficiency has increased, enhancing solar asset value and reducing its costs further. Although the spread of COVID-19 has put a hurdle in the path to global solar transition, the world …
The solar industry in the US is evolving even with the constraint put on it by the administration in the guise of import tariffs. Although the tariffs have cost approximately 62,000 jobs and lost almost $20 billion in private investment, the industry still employs about 242,000 people and generates tens of billions of dollars of …
Before the COVID-19 outbreak, global solar rooftop market was expected to become a US$ 16200 Million market by 2025. It is a fact that number will witness significant fall due to worldwide production drop. However, residential solar progress trajectory in countries like the US is showing hope for a quick revival of the solar industry …