Solar TechnologyWith the renewed emphasis on renewable power, new technologies are emerging. The above advances in solar energy generation portend economies of scale, efficiency and expense that will quickly start to challenge the economics of fossil fuels, supporting industrial application, rather apart from the small situation of saving humanity from a Venusian future.

The product of over a year of work, and garnering assistance from Maine’s public advocate (whose job is to maintain prices low for Maine ratepayers), CMP and Emera, and a wide coalition of solar advocates, LD1649 is the ideal legislation at the proper time for Maine to take benefit of the power saving and economy boosting possible of solar power.

Almost certainly not the most eye-catching solar stock in terms of basic analysis, but the most promising on a attainable technical reversal in the subsequent year if it breaks above the $10 barrier. Photovoltaics – Solar photovoltaic thermal systems that can generate both heat and electrical energy- using amorphous silicon cells, each less expensive and with ten% higher electric output than existing crystal silicon cells.

In fact, thanks to reducing strain on the grid and offsetting want for power from expensive ‘peaker’ fossil fuel power plants, research show your solar array will save all electric ratepayers far more than $3,000 for every single 1 kilowatt of solar you installed.

Medgrid- a different North African project linking solar and wind farms, with 20GW of generating capacity of which 5GW would be exported to Europe. Solar Millennium has plans in location to capture and convert this abundant resource with a couple of solar thermal energy plants by way of private funding. The jury of the international competitors honored each researchers for their groundbreaking work on passivated contacts, which enables significantly higher silicon solar cell efficiencies. Whatever the PUC’s choice, Maine’s solar sector faces months of industry uncertainty.