Showing posts with label PV. Show all posts
Showing posts with label PV. Show all posts

Tuesday, January 29, 2008

MASS - Commonwealth Solar Program is Open!

Massachusetts Secretary of Energy and Environmental Affairs Ian Bowles has announced that Commonwealth Solar, the state's new program of rebates to encourage the installation of solar photovoltaic (PV) power is now accepting applications from businesses and homeowners looking to reduce the cost of putting solar panels on their roofs.

Announced in December, the program, which makes use of existing renewable energy funds, is expected to result in the installation of more than 27 megawatts (MW) of solar power capacity over the next four years. Commonwealth Solar is part of Massachusetts Governor Deval Patrick's pledge to increase installed solar power from 5 MW today to 250 MW by 2017. This was made in April in connection with Evergreen Solar Inc.'s commitment to locate its first full-scale U.S. manufacturing facility in Massachusetts.

"Commonwealth Solar is open for business, and that's good news for the economy and the environment," Bowles said. "Solar energy is a key component of the clean energy economy we are developing here in Massachusetts, and a rebate is the most efficient, cost-effective way we can make solar power more affordable. Now is the time for businesses and homeowners to find out what Commonwealth Solar has to offer.

"Information on how to get a Commonwealth Solar rebate can be found at http://www.commonwealthsolar.org/.

Thursday, January 24, 2008

Solar to take on coal within three years!

Solar power will prove as cost effective as electricity from coal-fired power stations within three years, according to a new report from US environmental think tank the Earth Policy Institute.

Released last week, the study predicts that advancements in thin film photovoltaic (PV) cells that can be manufactured using cost-effective printing processes will ensure that production costs reach $1 per watt by 2010, making solar PV competitive with coal-fired electricity.

The report echoes predictions from US solar start up Nanosolar, which last month began shipping printed thin-film solar cells, which it claimed could soon be sold profitably for as little as $0.99 per watt.

The Earth Policy Institute also predicted that traditional silicon-based PV cells would become more cost effective over the next three years as raw material shortages are addressed and production facilities are scaled up.

"The average price for a PV module, excluding installation and other system costs, has dropped from almost $100 per watt in 1975 to less than $4 per watt at the end of 2006," the report noted. "With expanding polysilicon supplies, average PV prices are projected to drop to $2 per watt in 2010."

The study also concluded that PV solar panels are now the world's fastest growing energy source with worldwide production having increased by 50 per cent during 2007 to 3,800MW. It added that global PV cell production to date amounts to about 12,400MW - or enough to power 2.4m US homes.