Clean Renewable Energy
Rooftop Solar Boom Goes Global
Rooftop Solar Boom Set to Spread Worldwide as Costs Plunge By Bloomberg
One-quarter of Australia’s power will come from rooftop solar.
Costs of solar energy expected to drop 66 percent by 2040.
G’day indeed! By 2040, rooftop solar panels will supply about one-quarter of Australia’s electricity as declining costs and ample sunlight make photovoltaics the continent’s cheapest source of energy.
In Brazil, as much as 20 percent of the nation’s power will come from panels on residential rooftops, and Germany will get 15 percent from these small systems in 2040, according to New Energy Outlook 2017, a report released Thursday by Bloomberg New Energy Finance. That compares to about 5 percent for the U.S. and India.
Thanks to large utility-scale solar farms and commercial solar gardens, power derived from the sun is rapidly expanding as cost reductions continue to spur demand. The cost of energy from solar over the lifetime of the system, already just one-quarter of what it was in 2009, will drop an additional 66 percent by 2040. In four years, solar power will be cheaper than coal almost everywhere.
Because solar energy is produced only during daylight hours, homes with rooftop panels will increasingly come equipped with batteries to store excess supplies. Small-scale battery storage will outpace the growth of large utility systems over the next few years. Installed capacity of household and office systems will exceed those of large utility-scale storage in a decade, with investment reaching $16.9 billion over a five-year period from 2026 to 2030.
Solar and energy storage will help contribute to a global reduction in the burning of fossil fuels and emissions of carbon dioxide. Emissions of the greenhouse gas will peak in 2026, and be 4 percent lower in 2040 than in 2016, the report showed.
Clean Renewable Energy Investing Resources
Investing in clean renewable energy products to generate energy for your home, business, automobile, will save you very large amounts of money over time, and make you energy independent.
More importantly you will be helping to make your local enviornment and the earth a more sustainable place to live in the future. Your children will thank you.
From investing in and installing small to large clean renewable energy systems in your home or business, to getting a job in this very high growth industry, to the distribution of the products, to investing and trading company stocks engaged in the industry, the future of clean renewable energy is now.
Below are some links to information and services that will help you to be a successful clean renewable energy user, investor and trader.
China Low-Cost High-Quality Pure Sine Inverters from AliExpress
Excellent for budget or even high-end installations, temporary, and portable electricity. Connect to your building solar system or car battery for power. Recommended sizing is to double the size of these inverters for the actual electrical loads you will apply to them.
Electric Cars Tesla Toyota Nissan
Hybrid Electric Cars and Buying Guide
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