Solar Reaching Grid Parity Levels in Many Countries Globally

Solar prices have been declining rapidly over the last 10 years, making the renewable energy source more and more affordable, globally.  According to Bloomberg New Energy Finance (BNEF), solar and wind power have already reached grid parity in a number of European countries, China, and the State of California (PV Magazine).  The key drivers behind

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5 Myths About Solar – Debunked!

Myth 1:  Solar Panel Manufacturing is Environmentally Damaging Studies by the NREL (National Renewable Energy Laboratory) have shown that the payback period in terms of energy production vs. production cost is actually <4 years.  Aside from the relatively low cost of production and quick payback period, the NREL concluded that the average US household with

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Weekly News Update: “Bloomberg Predicts Wind and Solar will Power Half the World and Bag $9 Trillion Investment”, Renewable Energy World

Kelvin Ross reported on June 20th 2019 for Renewable Energy World that renewables (wind and solar) now are the least expensive option for adding power generation capacity in 2/3rds of the world.  Further drops in costs will see renewables powering nearly 50% of the global grid by 2050, and will get ~$9.5 trillion of investments

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