As the cost of solar electricity has fallen, the number of grid-connected solar PV systems has grown into the millions and utility-scale solar power stations with hundreds of megawatts are being built. Solar PV is rapidly becoming an inexpensive, low-carbon technology to harness renewable energy from the Sun. The current largest photovoltaic power station in the world is the 850 MW Longyangxia Dam Solar Park, in Qinghai, China.
A report by the United States Geological Survey estimated the projected materials requirement in order to fulfill the US commitment to supplying 20% of its electricity from wind power by 2030. They did not address requirements for small turbines or offshore turbines since those were not widely deployed in 2008, when the study was created. They found that there are increases in common materials such as cast iron, steel and concrete that represent 2–3% of the material consumption in 2008. Between 110,000 and 115,000 metric tons of fiber glass would be required annually, equivalent to 14% of consumption in 2008. They did not see a high increase in demand for rare metals compared to available supply, however rare metals that are also being used for other technologies such as batteries which are increasing its global demand need to be taken into account. Land, whbich might not be considered a material, is an important resource in deploying wind technologies. Reaching the 2030 goal would require 50,000 square kilometers of onshore land area and 11,000 square kilometers of offshore. This is not considered a problem in the US due to its vast area and the ability to use land for farming and grazing. A greater limitation for the technology would be the variability and transmission infrastructure to areas of higher demand.[54]
Wind turbines are generally inexpensive. They will produce electricity at between two and six cents per kilowatt hour, which is one of the lowest-priced renewable energy sources.[72] And as technology needed for wind turbines continues to improve, the prices will decrease as well. In addition, there is no competitive market for wind energy, as it does not cost money to get ahold of wind.[72] The main cost of wind turbines are the installation process. The average cost is between $48,000 and $65,000 to install. However, the energy harvested from the turbine will offset the installation cost, as well as provide virtually free energy for years after.[73]

A: Modern solar panels typically last twenty to thirty years before there’s a noticeable increase in output loss. Most residential solar providers offer a 20- to 25-year warranty, but many such warranties only guarantee a certain power output (e.g., a guarantee of 80% output for twenty years). Carefully read through the fine print to make sure you understand the warranty and what it covers.
Renewable energy and energy efficiency are sometimes said to be the "twin pillars" of sustainable energy policy. Both resources must be developed in order to stabilize and reduce carbon dioxide emissions. Efficiency slows down energy demand growth so that rising clean energy supplies can make deep cuts in fossil fuel use. If energy use grows too fast, renewable energy development will chase a receding target. A recent historical analysis has demonstrated that the rate of energy efficiency improvements has generally been outpaced by the rate of growth in energy demand, which is due to continuing economic and population growth. As a result, despite energy efficiency gains, total energy use and related carbon emissions have continued to increase. Thus, given the thermodynamic and practical limits of energy efficiency improvements, slowing the growth in energy demand is essential.[61] However, unless clean energy supplies come online rapidly, slowing demand growth will only begin to reduce total emissions; reducing the carbon content of energy sources is also needed. Any serious vision of a sustainable energy economy thus requires commitments to both renewables and efficiency.[62]
This solar resource map provides a summary of the estimated solar energy available for power generation and other energy applications. It represents the average daily/yearly sum of electricity production from a 1 kW-peak grid-connected solar PV power plant covering the period from 1994/1999/2007 (depending on the geographical region) to 2015. Source: Global Solar Atlas]
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