Given the finite nature of fossil fuels, this means that generating electricity the same way we’ve been doing it isn’t exactly a sustainable practice. This is why many are starting to turn towards alternative and sustainable forms of energy, whether it be from wind, water, or from the sun.
For those wondering about the state of solar energy, a new report has shown that adoption of the technology is particularly encouraging. In the latest figures published by GTM Research and the Solar Energy Industries Association (SEIA), it has been revealed that the number of new solar installations in the US have doubled since 2015 in 2016.
The report claims that the US solar market installed a total of 14,762 megawatts of solar PV in 2016, which is almost double (97%) that of 2015 which saw 7,501 megawatts installed. According to Abigail Ross Hopper, SEIA’s president and CEO, “Prices dropped to all-time lows, installations expanded in states across the country and job numbers soared. The bottom line is that more people are benefiting from solar now than at any point in the past, and while the market is changing, the broader trend over the next five years is going in one direction – and that’s up.”
This shouldn’t be surprising as there have been a bunch of companies who have been making progress with their solar efforts, such as Tesla who recently introduced their solar roof tiles where the company’s CEO Elon Musk claimed that they will be cheaper than regular tiles, at least in the long run.
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