New Jersey and Pennsylvania Solar Renewable Energy Credit Markets Choking to Death
The pace of solar installations in New Jersey and Pennsylvania is ironically destroying the incentives that make such installations possible.
The pace of solar installations in New Jersey and Pennsylvania is ironically destroying the incentives that make such installations possible.
I just reported yesterday on a new report out by Ernst & Young showing that China is the most attractive country in the world for renewable energy investors. However, it wasn’t ranked as top for solar energy investment (was tied for third with Spain behind the US and India). That may change next time around (the report is released every quarter), as China is preparing to officially up its 2015 solar capacity target from 5 GW to 10 GW!
Well, I don’t think it will come as much surprise, but following up on a CleanTechnica post from last month on the merits of small-scale solar compared to large-scale solar, I thought I’d share parts of a new piece by Solar Energy Industries Association President & CEO Rhone Resch on why we need both (with a little commentary of my own)
Solar records are broken left and right. We can’t cover them all, of course, but try to cover the big ones. Recently, researchers ar Empa, the Swiss Federal Laboratories for Materials Science and Technology, set a pretty big one. They increased the solar cell efficiency record of flexible solar cells made of copper indium gallium (di)selenide (aka CIGS) from 17.6% to 18.7%, a pretty significant increase.
“Solar power may be cheaper than electricity generated by fossil fuels and nuclear reactors within three to five years because of innovations, said Mark M. Little, the global research director for General Electric Co. (GE),” Bloomberg reports.
There are some very widespread and incorrect conceptions about renewable energy sources. I mention and discuss some of the most common ones below.