Solar power panels that use nanotechnology, which can create circuits out of individual silicon molecules, may cost half as much as traditional photovoltaic cells, according to executives and investors involved in developing the products. Nanosolar has secured more than $100 million from investors to build a factory for nanotechnology thin-film solar panels. The company's plant has a planned production capacity of 430 megawatts peak power of solar cells per year. Commercial production started and first panels have been shipped[50] to customers in late 2007.[51]

There are more specific questions you’ll have to ask yourself about your location and home—e.g., is my next-door neighbor’s oak tree going to block all my sunlight? You’ll also have to take local weather conditions into consideration. Luckily, there are plenty of other resources to help you find your solar potential. See our Tools section for more info.
Turbines used in wind farms for commercial production of electric power are usually three-bladed. These have low torque ripple, which contributes to good reliability. The blades are usually colored white for daytime visibility by aircraft and range in length from 20 to 80 meters (66 to 262 ft). The size and height of turbines increase year by year. Offshore wind turbines are built up to 8(MW) today and have a blade length up to 80 meters (260 ft). Usual tubular steel towers of multi megawatt turbines have a height of 70 m to 120 m and in extremes up to 160 m.
Besides the greening of fossil fuel and nuclear power plants, another option is the distribution and immediate use of power from solely renewable sources. In this set-up energy storage is again not necessary. For example, TREC has proposed to distribute solar power from the Sahara to Europe. Europe can distribute wind and ocean power to the Sahara and other countries. In this way, power is produced at any given time as at any point of the planet as the sun or the wind is up or ocean waves and currents are stirring. This option however is probably not possible in the short-term, as fossil fuel and nuclear power are still the main sources of energy on the mains electricity net and replacing them will not be possible overnight.
Jump up ^ Schröder, K.-P.; Smith, R.C. (2008). "Distant future of the Sun and Earth revisited". Monthly Notices of the Royal Astronomical Society. 386 (1): 155–163. arXiv:0801.4031. Bibcode:2008MNRAS.386..155S. doi:10.1111/j.1365-2966.2008.13022.x. See also Palmer, J. (2008). "Hope dims that Earth will survive Sun's death". New Scientist. Retrieved 24 March 2008.
A study of the material consumption trends and requirements for wind energy in Europe found that bigger turbines have a higher consumption of precious metals but lower material input per kW generated. The current material consumption and stock was compared to input materials for various onshore system sizes. In all EU countries the estimates for 2020 exceeded and doubled the values consumed in 2009. These countries would need to expand their resources to be able to meet the estimated demand for 2020. For example, currently the EU has 3% of world supply of fluorspar and it requires 14% by 2020. Globally, the main exporting countries are South Africa, Mexico and China. This is similar with other critical and valuable materials required for energy systems such as magnesium, silver and indium. In addition, the levels of recycling of these materials is very low and focusing on that could alleviate issues with supply in the future. It is important to note that since most of these valuable materials are also used in other emerging technologies, like LEDs, PVs and LCDs, it is projected that demand for them will continue to increase.[53]

Research is also undertaken in this field of artificial photosynthesis. It involves the use of nanotechnology to store solar electromagnetic energy in chemical bonds, by splitting water to produce hydrogen fuel or then combining with carbon dioxide to make biopolymers such as methanol. Many large national and regional research projects on artificial photosynthesis are now trying to develop techniques integrating improved light capture, quantum coherence methods of electron transfer and cheap catalytic materials that operate under a variety of atmospheric conditions.[119] Senior researchers in the field have made the public policy case for a Global Project on Artificial Photosynthesis to address critical energy security and environmental sustainability issues.[120]
Eight solar panels and one measly little wind generator supplied all the power we used. We bolted the pole that supported the wind generator to a wall of our house, which, sound-wise, turned the roof of the house into one big drumhead.  Oops! Live and learn. And when the wind REALLY blew—which was often—the thing broke. The manufacturer replaced the main unit several times before we gave up on wind power.

It is unfortunate to see how well marketing for small wind turbines is working: I often see people post questions on forums, where they are looking for a wind turbine “with a low cut-in wind speed”. Depending on whom you ask, the cut-in wind speed is either the wind speed where the turbine starts turning, or the wind speed where it starts to produce some power. For most wind turbines it is around 2.5 – 3.5 m/s (5.5 – 8 mph), and it is an utterly meaningless parameter.
Solar energy is a flexible energy technology: it can be built as distributed generation (located at or near the point of use) or as a central-station, utility-scale solar power plant (similar to traditional power plants). Both of these methods can also store the energy they produce for distribution after the sun sets, using cutting edge solar + storage technologies.
Grid parity, the point at which the cost of photovoltaic electricity is equal to or cheaper than the price of grid power, is more easily achieved in areas with abundant sun and high costs for electricity such as in California and Japan.[80] In 2008, The levelized cost of electricity for solar PV was $0.25/kWh or less in most of the OECD countries. By late 2011, the fully loaded cost was predicted to fall below $0.15/kWh for most of the OECD and to reach $0.10/kWh in sunnier regions. These cost levels are driving three emerging trends: vertical integration of the supply chain, origination of power purchase agreements (PPAs) by solar power companies, and unexpected risk for traditional power generation companies, grid operators and wind turbine manufacturers.[81][dead link]
Compact Linear Fresnel Reflectors are CSP-plants which use many thin mirror strips instead of parabolic mirrors to concentrate sunlight onto two tubes with working fluid. This has the advantage that flat mirrors can be used which are much cheaper than parabolic mirrors, and that more reflectors can be placed in the same amount of space, allowing more of the available sunlight to be used. Concentrating linear fresnel reflectors can be used in either large or more compact plants.[16][17]