Solar power is casting a bigger shadow
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Does having your own solar power installation sound appealing? It apparently does to a growing number of American businesses and homeowners who are investing in what many tout as a cleaner and less expensive source of electricity. And that trend of buying into solar power is also growing internationally. During 2014’s second quarter, photovoltaic (PV) installations in the U.S. went over the gigawatt mark for the third consecutive quarter, according to the Solar Energy Industries Association (SEIA). A gigawatt is equivalent to the amount of power needed for around 750,000 homes.
And while commercial solar power is still in its infancy (the Institute for Energy Research says solar makes up just 0.2 percent of the net energy produced in the U.S.), homes and businesses with solar panels are no longer considered an oddity. The SEIA says more than a half-million homes and businesses now have solar installations, and during the first half of 2014, 53 percent of all new electric capacity was from solar power.
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And while commercial solar power is still in its infancy (the Institute for Energy Research says solar makes up just 0.2 percent of the net energy produced in the U.S.), homes and businesses with solar panels are no longer considered an oddity. The SEIA says more than a half-million homes and businesses now have solar installations, and during the first half of 2014, 53 percent of all new electric capacity was from solar power.
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