NEW YORK-Solar energy may finally get its day in the sun.
The high costs that for years made it impractical as a mainstream source of energy are plummeting. Real estate companies are racing to install solar panels on office buildings. Utilities are erecting large solar panel "farms" near big cities and in desolate deserts. And creative financing plans are making solar more realistic than ever for homes.
Solar power installations doubled in the United States last year and are expected to double again this year. More solar energy is being planned than any other power source, including nuclear, coal, natural gas and wind.
"We are at the beginning of a turning point," . . ..
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Showing posts with label Solar Panels. Show all posts
Showing posts with label Solar Panels. Show all posts
Tuesday, October 25, 2011
Sunday, June 19, 2011
"A Game Changing Development in Solar Energy": '1366 Technologies' Developed a Silicon Solar Wafer – Cutting Cost By Half
On Friday, Secretary of Energy Stephen Chu announced a "game changing" development in solar energy. A company called 1366 Technologies, headquartered in Lexington, Mass., has developed a silicon solar wafer that would cut the cost of solar cell manufacturing by an estimated 50 percent.
The wafer technology was developed with the support of a pilot innovation investment program housed under the Department of Energy, known as the Advanced Research Projects Agency - Energy (ARPA-E). According to director Arun Majumdar, "ARPA-E is looking for high risk ideas that, if successful, can be high impact. Those that don't exist today."
The wafer technology was developed with the support of a pilot innovation investment program housed under the Department of Energy, known as the Advanced Research Projects Agency - Energy (ARPA-E). According to director Arun Majumdar, "ARPA-E is looking for high risk ideas that, if successful, can be high impact. Those that don't exist today."