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This Week In Solar 4 – 9 July

Solar News From Around The World


This week in solar saw the cheapest solar ever land in Austin, Texas! Austin Energy released some telling data which indicates just how much solar prices have dropped in the last year alone.

Solar production in the U.S. is also 50% higher than previously estimated as energy agencies seem to be consistently underselling it. California also became the first state to receive 5% of its electricity from utility solar.

In other news, Richard Branson and Bill Gates made the headlines this week for their policies on renewable energy. Gates has doubled his already $1bn investment on renewable energy projects while Branson has touted the Formula E racing series to overtake Formula 1 in the next few years.

The Solar Impulse 2 also continued its flight after being grounded in Nagoya for nearly a month. This epic solar journey is now nearing Hawaii with only a few hundred miles left to go. Will it reach its destination safely?

Solar Impulse 2 On An Epic Journey

solar-impulse-2-flight

André Borschberg successfully crossed the second and last cold front before Hawaii, where he will meet with Bertrand Piccard. 90% of the flight is achieved and there is only 600 miles left to complete this epic journey!

Go here for the full story. You can also follow their progress live. 

Branson – Solar Formula E can overtake Formula 1

richard-branson-formula-e-car-corbis-fullsize

Richard Branson, the British billionaire and owner of the Virgin brand, this week suggested that Formula E racing series will soon surpass Formula 1 as the #1 choice for racing enthusiasts and sponsors. The final race in London at the weekend was the first in the world to use cars that have been regularly charged by solar, with even the safety and medical cars powered by solar-powered batteries located in the pit lane.

 Click here for the full story.

Bill Gates Believes In The Potential Of Renewables

bill-gates-doubles-solar-bet

Bill Gates has already invested $1 billion on renewable energy technologies, but  now he’s looking to double that as the potential for renewables becomes unlimited and fossil fuel reserves dwindle. According to Gates, investing in radical, ‘wild-eyed’ energy tech companies is the only way we are going to find the solution to climate change.

Click here for the full story.

Cheapest Solar Ever Lands In Austin, Texas

austin-texas-oil-field-solar

Austin Energy just released new data on developer bids for PV projects as part of a 600-megawatt procurement. The numbers show how far solar prices have come down over the last year and will continue to drop.  It is expected that prices can drop below $20 a megawatt-hour in the future.

Click here for the full story.

Solar Production in U.S. 50% Higher Than Previously Thought

Here comes the sun

Renewable energy’s share of our overall energy market is at the highest level in over 70 years!  The increase of solar power in California has made up for the shortfall in hydropower production. But how much are the data collectors actually missing?

Click here for the full story.

 

Costs Reported Nationwide:

Solar Installation


Minimum Cost - $ 10,500
Average Cost - $ 19,555
Maximum Cost - $ 30,000

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Charles Clarkson
Solar Energy Expert
Member since 2015
 
 
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