SolarSME Blogs

  In recent times, the United States has been making big strides in switching to cleaner and more   sustainable energy sources . This shift is happening because people are worried about the environment, there are good economic opportunities, and technology is getting better. Two important laws, the Inflation Reduction Act (IRA) and the Bipartisan Infrastructure Law (BIL), are helping the U.S. speed the   solar installations. In 2022, about 22% of the electricity in the U.S. came from renewable sources like wind and solar power, and even water. Additionally, the total capacity for generating electricity from renewables increased to about 30%. This means that America is using more clean energy to power their homes and businesses. More and more people are realizing the importance of cleaner transportation, and they’re choosing cars like electric vehicles. In 2022, about 5.6% of new cars registered were electric, and by the first half of 2023, this number went up to 7.1%. The...

  As the weather gets more extreme, it is crucial to make our energy infrastructure more resilient against   climate change . Heatwaves, hurricanes, and unpredictable weather are causing problems for many people in the US. Climate disasters are also a burden on the state’s electrical grid. However,   solar energy   has shown its reliability during extreme weather conditions. Solar and   storage systems   provide safety and stability to the communities. These systems are also helping Americans’ energy infrastructure to work better against the effects of climate change. Let’s see how a few states are taking the lead in using solar power to become more resilient. Texas Electricity Grid is Solar Connected: This summer, Texas had a devasting heatwave. It got so hot that the usage of air conditioning increased, so the need for electricity went up. People were worried that Texas might not have enough electricity. But Texas added more solar and  battery system...

As the holiday season approaches, why not add a touch of eco-friendliness to your festivities by embracing a solar-powered celebration? Amidst the dazzling lights and joyful gatherings, harnessing the power of the sun can not only reduce your carbon footprint but bring a unique and sustainable flair to your holiday traditions. Start by decorating your home with solar-powered fairy lights and decorations. These energy-efficient alternatives illuminate your space and save electricity, contributing to a greener planet. Consider investing in solar-powered outdoor decorations like festive garden lights and pathway markers, creating a magical ambiance without relying on traditional power sources. For culinary enthusiasts, hosting a solar-powered feast is a delightful way to combine sustainability with deliciousness. Utilize solar ovens to cook your holiday meals, using the sun's energy to roast, bake, and simmer your favorite dishes. Not only does this eco-conscious approach reduce your ...

  After only a year,   the Inflation Reduction Act put   into effect, the solar and storage industry is becoming a vital part of America’s economy. Due to   new energy incentives , companies that work with solar and storage plan to invest more than $100 billion in their businesses. However, this is just the beginning.  These companies are expanding and trying to keep up with the interest in American-made clean energy.  This Investment is going to help people all over the country, from manufacturing to customers using solar energy in California. In the past year, we have seen how helpful the solar and storage industry can be for the economy. Investments in American Communities due to Energy Incentives: Communities all across the United States are getting investments from different countries. Each town and city wants to be part of the clean energy economy, like the “battery belt” in the Midwest. These investments are already boosting the economy of ...

  One year after the enactment of the Inflation Reduction Act (IRA) in 2022, which established a durable industrial policy supported by substantial incentives for both the production and demand of solar components, prominent global corporations are making substantial investments in U.S. manufacturing. Moreover,  the major international corporations   are making significant investments in American manufacturing. This will help curtail the supply shortages in the U.S. market. Companies like Trina Solar, Canadian Solar, and Longi have plans to build solar manufacturing plants with a total capacity of 15 gigawatts (GW). Each of these facilities requires an investment ranging from $200 million to $600 million. Before the Inflation Reduction Act (IRA), the United States had around 7 gigawatts (GW) of module manufacturing capacity in 2021. According to the American Clean Power, within eight months, there were announcements for 46 utility-scale clean energy manufacturing faciliti...

  Deloitte's 2024 outlook for the renewable energy industry in the United States shows a positive trajectory for solar energy adoption in 2023. The report highlights achievements in the first eight months of the year, with utility-scale solar capacity additions reaching an impressive 9 GW. This growth outpaces other energy generation sources, marking a 36% increase in 2022. Moreover, the U.S. Energy Information Administration predicts that utility-scale solar capacity will more than double by the end of the year. Key contributors include initiatives such as the Inflation Reduction Act (IRA) and the Infrastructure Investment and Jobs Act (IIJA). Overall, the report paints an optimistic picture of solar energy, overcoming challenges and thriving as we transition into 2024. Key Trends in the Renewable Energy Sector: The renewable energy industry outlook report highlights five key trends in the energy sector: Historic Investment: The U.S. has a significant influx...

  A report by the International Renewable Energy Agency ( IRENA ) shows that the high costs of fossil fuels have made   renewable energy sources   more competitive. In 2022, 86% of the newly added renewable power capacity was cheaper than electricity from fossil fuels. This was equivalent to 187 GW of electricity. IRENA’s report on “Renewable Power Generation Costs” highlights that the new renewable energy systems installed last year have lowered the global electricity sector’s expenses for fuel. The total reduction in fuel costs due to new capacity added since 2000 was over $520 billion. For countries outside the OECD, the savings over the lifespan could decrease the expenses by $580 billion. Furthermore, there are additional advantages of installing  renewable energy systems  alongside just the cost savings. This includes cutting down CO2 emissions and decreasing local air pollution. If renewable energy preferably not adopted in the coming years, the economic ...

  The Energy Information Administration (EIA) predicts solar power will beat hydropower, generating 14% more electricity in 2024. This forecast highlights the role of  sustainable energy sources  in reducing our carbon footprint and promoting a more eco-friendly energy landscape. The U.S. is making remarkable strides toward an affordable energy future. Solar power ascends the ranks of electricity generation sources. Furthermore, there is a substantial 52% increase in utility-scale solar installations. Also, Solar power is on the point of reaching a significant milestone, as confirmed by the EIA. This achievement is the result of remarkable growth, with solar energy  In contrast, hydroelectric power has shown relatively stable generation. Moreover, A recent report from EIA anticipates that solar power will outperform total electricity generation from hydroelectric dams in 2024. This indicates that  solar energy  is set to exceed hydropowe...

 In a world increasingly driven by sustainability, businesses are responsible for profits and their ecological impact. Commercial solar installations represent a transformative strategy, wielding a dual impact on profitability and brand image. Commercial solar represents a proactive approach to cost management, offering businesses a sustainable mean to optimize profitability. This strategic investment in clean power not only reduces operational expenses but establishes a resilient financial foundation, fostering sustained profitability.  Beyond the financial realm, commercial solar installations position businesses as conscientious contributors to environmental protection. Adopting renewable energy aligns with consumer expectations for eco-conscious practices This creates a positive impact on brand image. Companies that invest in solar power showcase a commitment to sustainability and corporate responsibility, resonating with environmentally aware consumers. This green brandin...