SolBid: Clean Energy News

Solar Perovskites Could Revolutionize Panel Technology

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New Solar technology is in the pipeline as solar perovskites are moving from lab to production across the world. Compared to traditional silicon panels, these panels are peaking at more than 28 percent efficiency for turning light into power, versus the record for silicon photovoltaics of 26.7 percent. Additionally, they have the potential for greater flexibility, greater consistency, and lower cost, according to industry experts. This could be the future of solar, and it could be a dominant one.

Solar Investments Outperform Expectations

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Reliability of solar is up across the United States, according to major credit rater Fitch. When compared to wind, solar is more likely to reliably generate or outperform expectations. Fitch Ratings, one of the "Big Three credit rating agencies", has recently upgraded 19% of its solar projects, while wind has suffered a net downgrade. Yet another sign of solar's continued spread across the country.

Utility-scale Clean Energy -- A Threat to Distributed Generation?

 

Duke Energy, one of the nation’s largest electric power holding companies, recently acquired a solar portfolio from SunPower Corp. The purchase includes the 15 megawatt (MW) Wildwood Solar II array, and the 20 MW Rio Bravo I and 20 MW Rio Bravo II systems, all located in Kern County, California.

The three acquisitions neighbor two pre-existing Duke Energy solar sites, and bring the total of the company’s solar holdings to 181 MW in California alone, and 2,900 MW overall solar capacity within its 52,000 MW portfolio.

Sysco Announces Plans for Multi-Site Solar Garden

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With over 65,000 associates and 300 distribution facilities serving 500,000 customer locations, there's no doubt that Sysco has some high energy needs. On June 6th, the company signed a ten-year renewable energy agreement; subsequently, three solar garden sites are being constructed in Texas, which will provide about 10% of Sysco’s U.S. electricity usage.

Solar Energy and Health Care In Global Perspective

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Although health is among the most basic of human needs, access to reliable and safe health care is not distributed equally geographically, with displaced populations and many residing in rural areas especially lacking access. About one billion people globally rely on healthcare facilities that lack electricity. Solar energy has the power to change this and to facilitate the process of bringing quality healthcare to vulnerable populations everywhere.

 

70,000 Solar Panels to be Installed Every Hour

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Recent statistics have shown a promising future for global solar development. The most recent BP Statistical Review of World Energy has shown that renewable energy was the fastest growing energy source in 2017, with solar being a major contributor.

Global energy demand continues to rise with economic growth, but the growth of fossil fuel use is being hindered by that of renewable energy. New findings show that renewables accounted for 30% of all energy growth, a sizable chunk of the 2.1% increase in overall demand.

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