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  • Tuesday, February 16, 2016


    5 Facts You Didn't Know About Solar Energy; While oil prices have been falling solar energy has become a real force in the energy business.

    Travis Hoium, February 13, 2016 (Motley Fool)

    “…[Five things you need to know about solar: 1-Households in most of the Southwestern and Northeastern U.S. can] go solar for $0…The booming residential solar market has been driven by $0-down [purchase and lease agreements from companies like] SolarCity or Sunrun…[2-Utility-scale contracts from companies like First Solar] are coming in at $0.05 per kWh or less in sunny locations, which is competitive with the costs to generate electricity from fossil fuels…[B]etween 2009 and 2014, the cost of an industry-leading utility-scale solar power plant has fallen more than 50%...[3-Over] 1% of all electricity produced in the U.S. [in 2015] came from solar energy…[4-Solar energy production comes in all sizes…[SunPower is both building the world's largest solar power plant and selling solar cells to companies that make personal chargers…[5-There's enough solar energy hitting Earth every hour to replace every barrel of oil, every lump of coal, and every other energy source used on earth for an entire year…” click here for more


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