At the end of 2014, worldwide PV capacity reached at least 177,000 megawatts. Photovoltaics grew fastest in China, followed by Japan and the United States, while Germany remains the world's largest overall producer of photovoltaic power, contributing about 7.0 percent to the overall electricity generation. Italy meets 7.9 percent of its electricity demands with photovoltaic power—the highest share worldwide. For 2015, global cumulative capacity is forecasted to increase by more than 50 gigawatts (GW). By 2018, worldwide capacity is projected to reach as much as 430 gigawatts. This corresponds to a tripling within five years. Solar power is forecasted to become the world's largest source of electricity by 2050, with solar photovoltaics and concentrated solar power contributing 16% and 11%, respectively. This requires an increase of installed PV capacity to 4,600 GW, of which more than half is expected to be deployed in China and India.
In 2007, General Electric's Chief Engineer predicted grid parity without subsidies in sunny parts of the United States by around 2015; other companies predicted an earlier date: the cost of solar power will be below grid parity for more than half of residential customers and 10% of commercial customers in the OECD, as long as grid electricity prices do not decrease through 2010.
The primary obstacle that is preventing the large scale implementation of solar powered energy generation is the inefficiency of current solar technology. Currently, photovoltaic (PV) panels only have the ability to convert around 24% of the sunlight that hits them into electricity. At this rate, solar energy still holds many challenges for widespread implementation, but steady progress has been made in reducing manufacturing cost and increasing photovoltaic efficiency. Both Sandia National Laboratories and the National Renewable Energy Laboratory (NREL), have heavily funded solar research programs. The NREL solar program has a budget of around $75 million  and develops research projects in the areas of photovoltaic (PV) technology, solar thermal energy, and solar radiation. The budget for Sandia’s solar division is unknown, however it accounts for a significant percentage of the laboratory’s $2.4 billion budget. Several academic programs have focused on solar research in recent years. The Solar Energy Research Center (SERC) at University of North Carolina (UNC) has the sole purpose of developing cost effective solar technology. In 2008, researchers at Massachusetts Institute of Technology (MIT) developed a method to store solar energy by using it to produce hydrogen fuel from water. Such research is targeted at addressing the obstacle that solar development faces of storing energy for use during nighttime hours when the sun is not shining. In February 2012, North Carolina-based Semprius Inc., a solar development company backed by German corporation Siemens, announced that they had developed the world’s most efficient solar panel. The company claims that the prototype converts 33.9% of the sunlight that hits it to electricity, more than double the previous high-end conversion rate. Major projects on artificial photosynthesis or solar fuels are also under way in many developed nations.
“If the U.S. continues this kind of thing, I’m afraid the credibility of the number one leader country of the world may be in serious question,” Mr. Ban said. “We must have a global vision. It’s not the American economy. If the world economy is shaken by climate consequences do you think the American economy will be able to survive? We all sink together.”
At Bodine-Scott, our renewable energy options have helped dozens of local homes and businesses reduce their utility bills and any negative environmental impact from the use of traditional energy sources. Our technicians are NABCEP-certified experts, and we keep all of our staff informed and up to date on the latest developments in the solar industries. Our average customer sees a 50 percent reduction in utility costs, to say nothing of the invaluable reduction in environmental impact that comes from using clean energy. If you are serious about making an investment in the future of your home and the Earth, contact us today to speak with one of our renewable energy experts.
It all started in Vermont in 1997. Our passion for protecting the environment led us to our mission: to use the power of consumer choice to change the way power is made. Today, as the longest-serving renewable energy retailer, we remain committed to sustainability every step of the way. By offering only products with an environmental benefit and operating with a zero-carbon footprint, we’re living our promise to the planet, inside and out.
Among sources of renewable energy, hydroelectric plants have the advantages of being long-lived—many existing plants have operated for more than 100 years. Also, hydroelectric plants are clean and have few emissions. Criticisms directed at large-scale hydroelectric plants include: dislocation of people living where the reservoirs are planned, and release of significant amounts of carbon dioxide during construction and flooding of the reservoir.
Large national and regional research projects on artificial photosynthesis are designing nanotechnology-based systems that use solar energy to split water into hydrogen fuel. and a proposal has been made for a Global Artificial Photosynthesis project In 2011, researchers at the Massachusetts Institute of Technology (MIT) developed what they are calling an "Artificial Leaf", which is capable of splitting water into hydrogen and oxygen directly from solar power when dropped into a glass of water. One side of the "Artificial Leaf" produces bubbles of hydrogen, while the other side produces bubbles of oxygen.
Solar power - The most prevalent type of renewable energy, solar power is typically produced using photovoltaic cells, which capture sunlight and turn it into electricity. Solar energy is also used to heat buildings and water, provide natural lighting and cook food. Solar technologies have become inexpensive enough to power everything from small hand-held gadgets to entire neighborhoods.
Globally, the long-term technical potential of wind energy is believed to be five times total current global energy production, or 40 times current electricity demand, assuming all practical barriers needed were overcome. This would require wind turbines to be installed over large areas, particularly in areas of higher wind resources, such as offshore. As offshore wind speeds average ~90% greater than that of land, so offshore resources can contribute substantially more energy than land stationed turbines. In 2014 global wind generation was 706 terawatt-hours or 3% of the worlds total electricity.
The comments stand in contrast to those made by Trump administration representatives also speaking at the energy summit, which is known as CERAWeek. Rick Perry, the energy secretary, on Wednesday criticized what he described as the “mind-set of the Paris agreement” that he contends supports renewable energy to the exclusion of other energy sources. And he took aim at countries pledging to phase out coal use.
“What Changes Will Maine’s New Government Bring to Your Life?” • Swept to sizable majorities in last week’s elections, Maine’s Democrats will be in full control of state government for the first time since 2010. They are likely to look for ways to address a number of pressing issues, one of which is climate change. [Kennebec Journal & Morning Sentinel]
Many companies are taking the push for 100 percent renewables seriously because they see it as good business — not just today, but for the long term. At the time of publication, 152 companies of various sizes have made a commitment to go 100 percent renewable through RE100. Big names like Apple and Google have already met their targets, while other companies are looking out further into the future, some as far as 2040. That timeline indicates companies are looking beyond today’s prices and present-day marketing benefits.
U.S. President Barack Obama's American Recovery and Reinvestment Act of 2009 includes more than $70 billion in direct spending and tax credits for clean energy and associated transportation programs. Leading renewable energy companies include First Solar, Gamesa, GE Energy, Hanwha Q Cells, Sharp Solar, Siemens, SunOpta, Suntech Power, and Vestas.
While renewables have been very successful in their ever-growing contribution to electrical power there are no countries dominated by fossil fuels who have a plan to stop and get that power from renwables. Only Scotland and Ontario have stopped burning coal, largely due to good natural gas supplies. In the area of transportation, fossil fuels are even more entrenched and solutions harder to find. It's unclear if there are failures with policy or renewable energy, but twenty years after the Kyoto Protocol fossil fuels are still our primary energy source and consumption continues to grow.
Renewable energy variability is a problem for corporate buyers. But what is undesirable to buyers is attractive for insurance companies, whose core business revolves around managing weather-related risks. VFAs sit on top of a new or existing PPA and are effectively designed to pay the corporate buyer when they’re getting less renewable power than they contracted for, and give money to the insurer when there’s more.
Technologies promote sustainable energy including renewable energy sources, such as hydroelectricity, solar energy, wind energy, wave power, geothermal energy, bioenergy, tidal power and also technologies designed to improve energy efficiency. Costs have decreased immensely throughout the years, and continue to fall. Increasingly, effective government policies support investor confidence and these markets are expanding. Considerable progress is being made in the energy transition from fossil fuels to ecologically sustainable systems, to the point where many studies support 100% renewable energy.
A more reliable grid: Even if we're not ready to completely transition to renewable energy sources of power, supplementing the grid with green electricity helps increase grid reliability. You can also produce your own green electricity by installing solar panels or wind turbines at home. If the grid goes down for some reason, you may be able to keep your power on using your on-site renewable power generation system.
These include E-glass/carbon, E-glass/aramid and they present an exciting alternative to pure glass or carbon reinforcements. that the full replacement would lead to 80% weight savings, and cost increase by 150%, while a partial (30%) replacement would lead to only 90% cost increase and 50% weight reduction for 8 m turbine. The world currently longest wind turbine rotor blade, the 88.4 m long blade from LM Wind Power is made of carbon/glass hybrid composites. However, additional investigations are required for the optimal composition of the materials 
When a turbine is mounted on a rooftop the building generally redirects wind over the roof and this can double the wind speed at the turbine. If the height of a rooftop mounted turbine tower is approximately 50% of the building height it is near the optimum for maximum wind energy and minimum wind turbulence. While wind speeds within the built environment are generally much lower than at exposed rural sites, noise may be a concern and an existing structure may not adequately resist the additional stress.
Even with plans to grow as much as 80 percent over the next five years, the city expects to have plenty of energy from these renewable sources. (To be sure, about 2 percent of the time, the Georgetown utility draws electricity derived from fossil fuels. Ross says the city more than compensates at other times by selling excess renewable energy back to the grid—at a profit.)
Then I pick up a Home Power Magazine, or a Backwoods Home, or a Mother Earth News. I read the letters to the editor and I think, These are my people! This is my tribe—the tribe of folks striving for independence of thought and lifestyle, who are creative in their choice of building materials, who try to make responsible choices about how their choices affect the environment they live in.
The combination of wind and solar PV has the advantage that the two sources complement each other because the peak operating times for each system occur at different times of the day and year. The power generation of such solar hybrid power systems is therefore more constant and fluctuates less than each of the two component subsystems. Solar power is seasonal, particularly in northern/southern climates, away from the equator, suggesting a need for long term seasonal storage in a medium such as hydrogen or pumped hydroelectric. The Institute for Solar Energy Supply Technology of the University of Kassel pilot-tested a combined power plant linking solar, wind, biogas and hydrostorage to provide load-following power from renewable sources.
Green energy is commonly thought of in the context of electricity, mechanical power, heating and cogeneration. Consumers, businesses, and organizations may purchase green energy in order to support further development, help reduce the environmental impacts of conventional electricity generation, and increase their nation’s energy independence. Renewable energy certificates (green certificates or green tags) have been one way for consumers and businesses to support green energy.
Renewable electricity production, from sources such as wind power and solar power, is sometimes criticized for being variable or intermittent, but is not true for concentrated solar, geothermal and biofuels, that have continuity. In any case, the International Energy Agency has stated that deployment of renewable technologies usually increases the diversity of electricity sources and, through local generation, contributes to the flexibility of the system and its resistance to central shocks.
The array of a photovoltaic power system, or PV system, produces direct current (DC) power which fluctuates with the sunlight's intensity. For practical use this usually requires conversion to certain desired voltages or alternating current (AC), through the use of inverters. Multiple solar cells are connected inside modules. Modules are wired together to form arrays, then tied to an inverter, which produces power at the desired voltage, and for AC, the desired frequency/phase.