Solar Power World

U.S. Government Pledges $2 Billion For Solar Energy Development

On July 3rd the U.S. President Obama announced that the U.S. Department of Energy will invest nearly 2 billion U.S. dollars to subsidize two companies to build solar power plants to support the development of the U.S. solar industry and increase employment. Obama said this fund will come from the total 8620 billion of economic stimulus package, Abengoa Solar will receive 1.45 billion U.S. dollars of loan guarantees for construction in Arizona called “Solana” ... Read More

Rooftop Solar Installations Growing Faster than Utility-Scale Solar

Private solar installations are really taking off nationwide. In just two years, (about the same length of time it takes to get a pair of 250 MW solar power plants approved in California, for example), homeowners and businesses have added that much power to the Californian grid, just from individual rooftops throughout the state. By July last year, 50,000 installations were supplying the California grid with 500 MW of solar power; the equivalent of two average sized solar power... Read More