Solar PV is going up against some of the biggest industries in the energy market, such as: coal, natural gas, and oil. These industries have been around for quite some time, but the sun is finally setting on their reign, … Continue reading
Currently, Germany is at the forefront of the solar trend. “Germany added more PV in 2010 than the entire world did the previous year, ending 2010 with 17.3 GW of existing capacity.”Italy and Spain rank after Germany in world PV … Continue reading
Solar PV as an attractive investment
With expansion into the private sector, solar PV makes the argument that not only is solar power renewable, but also, more importantly, it is profitable. Nothing is more attractive than an unlimited source of revenue. A few big companies have recently decided to join in on this business venture, such as: Apple, Berkshire Hathaway, and IBM.[i] Apple, in particular, has not only published plans for a “100-acre, 20-megawatt solar array in North Carolina,” but also, “filed a patent to make a solar-powered iPod and other related devices.”[ii] Insights into solar PV technology, like Apple’s, creates an ever-expanding market for the energy source. Since most of the digital products today are portable, applying solar technology could eventually lead to a phasing out of the battery. No more plugging in and no more dead phones. Giant companies like these give great attention to solar PV and make it more attractive for industry leaders to embrace this technology.
There are several different types of energy technologies that try to harness the sun’s power, photovoltaic solar power, often referred to as PV, uses sunlight to produce energy. PV power uses cells made mostly of silicon that absorb the sun’s … Continue reading