Scientists are researching new ways of harnessing the sun's rays which could eventually make it cheaper for people to use solar energy to power their homes.
The experts at Durham University are developing light-absorbing materials for use in the production of thin-layer solar photovoltaic (PV) cells which are used to convert light energy into electricity.
Oslo, Norway (AHN) - A report by the European Photovoltaic Industry Association and Greenpeace revealed that solar energy could generate 2.5 percent of the world's electricity by 2025.
Solar power could fulfill the annual output from 150 coal-fired power plants by 2025, the report predicted.
The North Bay has become a hub of fast-growing solar energy companies with seemingly limitless growth on the horizon.
Long a champion of alternative sources of energy, the region is home to dozens of small providers, several industry pioneers and now a new breed of investor-backed players who see Marin, Sonoma and Napa counties as a prime market.
The company, like several others in the North Bay, has benefited from recent pro-solar legislation in Sacramento and, more significantly, increasing investment by semiconductor companies in polysilicon, the stuff of photovoltaic cells.
Also encouraging was a provision which raises the cap on net metering, the solar electricity which can be sold back onto the grid, from .5 percent to 2.5 percent of a utility's total electricity sales. PG&E was within weeks of refusing further sell-back installations.
In 2005, the industry saw investors come in at every level on the supply chain, said Ms. Blunden.
"Those investments are showing up now, and investments currently being made will show up two year from now."
The California Public Utilities Commission (PUC) yesterday approved changes to the California Solar Initiative Program Handbook to speed the application process for solar incentives in California. The California Solar Initiative¡¯s goal is to drive the installation of 3,000 megawatts of high-performing solar installations in the state over the next 10 years, moving the state toward a cleaner energy future.