NewEnergyNews More: U.S. SOLAR NEEDS INVESTMENT

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  • Tuesday, July 1, 2014

    U.S. SOLAR NEEDS INVESTMENT

    Going for the green

    Editorial, June 25, 2014 (North Jersey Media)

    “…[Germany’s] renewable energy generation surged to a record portion — nearly 75 percent — of the country's overall electricity demand for part of [one day this month and electricity prices plummeted. On a different day] for an hour solar power provided half the country's electric power…[I]n the first quarter of 2014, renewable energy met 27 percent of the country's electricity demand, which is up from 6 percent in 2000 and 20.5 percent in 2011. That's compared to about 13 percent of the U.S. total…Renewable energy is not yet the panacea. There are still fluctuations in renewable power but improvements in batteries and solar panels are among the technologies starting to meet this challenge…[The] renewable energy sector [in which the German government has invested heavily] provided in excess of 300,000 German jobs at good wages, something our country sorely needs…Yet in this country there is an effort meant to damage the roof-top solar energy industry…Proposals to tax the financing of home solar panels are creeping up in legislation…[and] there's the Obama Administration proposal to get rid of the 30-percent tax credit…This country has to invest in its infrastructure…” click here for more

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