Solar module price erosion to cause industry fall-out, says Lux Research - 02 October 2008
U.S. House recesses, fails to pass tax bill, leaving solar, R&D credits in doubt - 29 September 2008
REC sold out of wafers for 2010 with $450 million order from Neo Solar Power - 30 September 2008
Sharp starts volume production at new thin-film plant - 01 October 2008
Solar investment tax credit extension will benefit U.S. utilities, SEPA believes - 05 October 2008
Emerging from stealth, Part III: Solyndra launches impressively, but questions remain - 10 October 2008
Canadian Solar inks 60-megawatt supply deal - 10 October 2008
Satcon to Deliver Prototype Next Generation Energy Storage Module to the US Navy - 10 October 2008
Up on the rooftop: Brightening prospects for solar technology - 10 October 2008
Sandia to manage DOE-funded solar projects - 10 October 2008
Advancements in photovoltaic cells, which convert sunlight directly
into electricity, have greatly decreased the once prohibitive cost of
solar panels. Additionally, historic highs for the costs of energy that
are likely to continue to ascend suggest that an investment in solar
panels for your home may provide you with healthy returns.
One company that is lowering the barrier of entry into owning solar panels is SolarCity Inc. in California. They offer a 15-year lease for solar panels that includes installation, free repairs and free removal at the end of the lease. They also guarantee that you receive the power production promised, which they can monitor remotely, according to the Wall Street Journal. The company has plans to expand to Oregon and eventually the East coast.
Even in cloudy regions like Seattle or New York, there is still a good opportunity in solar power. Solar panels work surprisingly well in less than sunny conditions. Findsolar.com gives Seattle and New York a good rating for sun power availability. Germany produced over half the world's solar energy in 2006 despite having half as many sunny days as Portugal, according to the Washington Post.
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