Aug 31, 2015
How Technology Is Fueling The Push Toward Solar
Posted by Shailesh Prasad in category: sustainability
Solar energy in the United States has seen immense momentum throughout the years. When the Solar Energy Industries Association released its annual report in 2008, it concluded that U.S. solar photovoltaic (PV) capacity reached a total of 1.183 gigawatts — a stellar achievement at the time.
Contrast that figure with today, and the number is dwarfed by the United States’ installed capacity of 21.3 gigawatts, enough energy to power 4.3 million homes.
As to what is powering this widespread adoption, one only needs to look at the residential market. According to recently released research by GTM, 72 percent of the market growth in 2014 is a result of solar tech companies offering diverse financing solutions and easy-to-navigate web platforms. Going solar for homeowners has become as easy as online shopping.