Solar Is Growing Faster Than Ever In The U.S.
Meeting solar demand during the pandemic has been difficult for industry leaders. However, thats changing, in fact, rather quickly.
Solar Unfazed by Economic Downturn
This past year was not a strong one for the economy. As the pandemic took hold of the world, supply chains were disrupted, consumers stayed home, and the economy fell at historically fast rates. Stock market yields slid and many investors were skittish about the state of the global market. Spending and investing tried up as people saved their money, uncertain about their income.
Electric Rate Trends in the Commercial Market
With the landscape of energy markets in constant flux, and an overall trend of electric rate increases, many customers are turning to alternative energy options. Solar is amongst the most popular alternatives due to its increased accessibility and affordability. Going solar allows customers to avoid inflation and the inherent volatility of energy costs while harnessing the cheapest available form of energy on the market.
Storing Solar with Hydrogen
One of the most interesting challenges to achieving carbon neutral electricity generation is harnessing the intermittent generation of solar and wind. Right now, many firms, households, and utilities rely on lithium ion batteries to store energy for times when generation is low. What if there were another solution for energy storage that produced carbon neutral electricity?
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Solar Bikeways
In urban centers, space is at a premium, requiring creative thinking and innovative approaches to find sustainable solutions to climate and health challenges. Many municipalities are searching for ways to integrate emissions reduction technologies with more environmentally friendly activities.
American Solar Manufacturing
In late June, Senator Jon Ossoff of Georgia introduced the Solar Energy Manufacturing for America Act to the U.S. Senate. Citing President Bidens goal of decarbonizing the grid by 2035, the bill focuses on supporting American solar manufacturers in an effort to revitalize domestic solar production capabilities. Such a bill has been viewed favorably by environmentalists and the solar industry as a means of achieving those increasingly popular goals.
