SOLAR SHINES AS RECORDS SHATTER
3 Big Records in Solar Energy This Week; The U.S. solar industry had a big week of record-breaking announcements.
Travis Hoium, February 27, 2016 (Motley Fool)
“The solar industry is now on an unstoppable growth path that could make it the most important energy source of the next century. Costs are falling, installations are growing, and technology advancements seem to be picking up speed…This week alone, there were three major solar energy records announced…[T]he U.S. solar industry installed 7.3 GW of new capacity in 2015, up 14% from a year earlier. This is nearly 20-fold from just 385 MW installed in 2009 and was the first year solar has topped new natural gas capacity additions…[First Solar] said it achieved [its ninth efficiency record since 2011] of 22.1% for a CdTe solar cell…[and] SunPower announced that its X22 panels reached an efficiency record of 22.8%...This efficiency advantage allows SunPower to generate more electricity from every rooftop or acre of solar farms, which has become a major advantage as costs have fallen…Look for the companies leading this technology advancement to be big winners as investments…” click here for more