NewEnergyNews: Solar In The World’s Energy Sector

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    Friday, September 09, 2016

    Solar In The World’s Energy Sector

    Here Comes the Sun: Solar Power Is Officially Reshaping Our Energy Production; The world is increasing its reliance on renewable energy, particularly solar. This is being buoyed by better solar technologies and lowering solar costs.

    Jelor Gallego, September 6, 2016 (Futurism)

    “…Solar energy certainly has come a long way…[China has] a $50 trillion global grid of renewable energy supplying all countries. India sees itself with a 100 GW solar power capacity by 2022…[Cities and countries have had their whole grids powered by solar or renewables for periods of time. Costa Rica ran 285 days last year on 100% renewable energy. Cities like Addis Ababa, Ethiopia; Reykjavik, Iceland; and Curitiba, Brazil have already reached the 100% renewable energy goal, and much of that comes from solar power…Aside from being one of the preeminent renewable energy sources (others being wind, geothermal, and biofuels) much research and development has been focused on solar power…[S]olar modules and their connected technologies are becoming better and more efficient at generating and storing energy…[and concentrated solar power and better battery technologies make using it at night possible. These advances have] led to a general decline in the cost of solar power. In 2015, the installed cost of solar in the US has dropped 5% in small-scale solar panels and 12% in utility-scale solar farms. Chile has seen solar electricity be sold at $29.10 a megawatt-hour, nearly half of electricity from coal…” click here for more

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