Former chairman of the Atomic Energy Commission of India and former director of the Bhabha Atomic Research Centre, Anil Kakodkar has called solar energy the future source of energy looking at the ever-growing demand for energy.
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First Solar Inc. (FSLR) said it will boost production to meet rising demand, despite a glut in the global solar-panel market, and the company's second-quarter profit jumped 82%, triggering a stock rally.
Every day, at least 400 million Indians lack access to electricity. Another nearly 700 million Indians joined their fellows in energy poverty over the course of the last few days, or roughly 10 percent of the world’s population.
WASHINGTON - Today, the U.S. House Committee on Energy and Commerce approved H.R. 6213, the No More Solyndras Act, by a vote of 29-19. Rhone Resch, President and CEO of the Solar Energy Industries Association® (SEIA®), issued the following statement on the legislation:
As Congress seeks to protect taxpayer investment as part of a renewable energy program that fosters innovation and job creation, they have come up short with the ‘No More Solyndras Act.’
When it comes to solar power, more and more Americans are seeing the light.
The U.S. solar industry installed a record number of panels in 2011, more than double 2010, and is likely to see strong growth again this year, according to a new report.
Last year seemed like a dark one for the solar industry: stiff competition from China drove American manufacturers to layoffs and even bankruptcy, while the low price of natural gas and the loss of a critical government subsidy weakened incentives for new solar developments. And then there was the long shadow of Solyndra, whose bankruptcy after receiving federal loans cast a pall over other green-energy endeavors.
Colorado remained fifth in the nation for photovoltaic installations, as the number of megawatts installed jumped 69 percent to 91 megawatts in 2011 compared with 2010, according to a study released today.
System prices fell 20 percent because of cheaper components, more options for financing, better installation methods and the shift to larger arrays