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.[119] 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.[120] 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.[121]
The home wind Generator systems are designed for reliable power output for the next 30 years or so. With every price increase of the utility company power your investment gets better all the time. Utility costs are rising all over and will accelerate over the next few years. We expect the cost of electricity to rise and double over Obamas term in office due to cap and trade and increased regulation and market pressure.
On most horizontal wind turbine farms, a spacing of about 6–10 times the rotor diameter is often upheld. However, for large wind farms distances of about 15 rotor diameters should be more economical, taking into account typical wind turbine and land costs. This conclusion has been reached by research[62] conducted by Charles Meneveau of the Johns Hopkins University,[63] and Johan Meyers of Leuven University in Belgium, based on computer simulations[64] that take into account the detailed interactions among wind turbines (wakes) as well as with the entire turbulent atmospheric boundary layer.
Within emerging economies, Brazil comes second to China in terms of clean energy investments. Supported by strong energy policies, Brazil has one of the world’s highest biomass and small-hydro power capacities and is poised for significant growth in wind energy investment. The cumulative investment potential in Brazil from 2010 to 2020 is projected as $67 billion.[155]
Since having the Peimar Solar Panels installed and listening to the advice of the owner I have saved a lot of money on my electric bill. Texas Solar Integrated did the work as quickly and efficiently as promised. If the panels look dirty, since I live around cement plants, I just get my high pressure water hose and spray them off. Thank you to this company and the installers. The owner or another contractor in the office is always ready to answer your questions before and after installation.... read more

Which is to say that Ross and his co-workers had options. And the city was free to take advantage of them because of a rather unusual arrangement: Georgetown itself owns the utility company that serves the city. So officials there, unlike those in most cities, were free to negotiate with suppliers. When they learned that rates for wind power could be guaranteed for 20 years and solar for 25 years, but natural gas for only seven years, the choice, Ross says, was a “no-brainer.”

Efficiency can decrease slightly over time, one of the main reasons being dust and insect carcasses on the blades which alters the aerodynamic profile and essentially reduces the lift to drag ratio of the airfoil. Analysis of 3128 wind turbines older than 10 years in Denmark showed that half of the turbines had no decrease, while the other half saw a production decrease of 1.2% per year.[19] Ice accretion on turbine blades has also been found to greatly reduce the efficiency of wind turbines, which is a common challenge in cold climates where in-cloud icing and freezing rain events occur.[20] Vertical turbine designs have much lower efficiency than standard horizontal designs.[21]
There are numerous organizations within the academic, federal, and commercial sectors conducting large scale advanced research in the field of renewable energy. This research spans several areas of focus across the renewable energy spectrum. Most of the research is targeted at improving efficiency and increasing overall energy yields.[157] Multiple federally supported research organizations have focused on renewable energy in recent years. Two of the most prominent of these labs are Sandia National Laboratories and the National Renewable Energy Laboratory (NREL), both of which are funded by the United States Department of Energy and supported by various corporate partners.[158] Sandia has a total budget of $2.4 billion[159] while NREL has a budget of $375 million.[160]

The International Energy Agency projected in 2014 that under its "high renewables" scenario, by 2050, solar photovoltaics and concentrated solar power would contribute about 16 and 11 percent, respectively, of the worldwide electricity consumption, and solar would be the world's largest source of electricity. Most solar installations would be in China and India.[2] In 2017, solar power provided 1.7% of total worldwide electricity production, growing at 35% per annum.[3]
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