Many people are familiar with solar photovoltaic (PV) or solar hot water systems. But in sunny spaces across the world, another lesser-known technology exists as a different way to take advantage of the sun’s energy: concentrated solar power (CSP). In this article, we’ll describe how concentrated solar power works, the types of CSP systems, and how the technology compares to solar PV.
In this week’s Solar News Roundup, the International Renewable Energy Agency predicts that solar power costs will fall by 60 percent in the next decade, Hawaii sets up two new solar-friendly programs, and total solar securitizations in 2017 pass $1 billion.
It was an active week in the solar industry with news of unprecedented solar job growth and the launch of a few sleek new products. A new IRENA report that revealed solar jobs are growing 17 times faster than the U.S. economy, SolarWorld’s newfound support of Suniva’s trade petition and Mercedes Benz’ new home storage product are the big headlines from this week’s Solar News Report.
Although this past week saw a number of exciting developments in the solar industry, two words were spotlighted in every major headline in solar: Elon Musk. Tesla Motors’ possible acquisition of SolarCity, the projection for sixfold growth of solar by 2030 and news of regional installers’ growth outpacing the top solar companies are the leading stories from this week’s Solar Energy News report.
Solar sustainability and innovation made for big headlines this week thanks to new research and development in the world of solar tech. MIT’s major breakthrough in solar cell technology, exciting improvements in solar cellphone charging and Chile’s new renewable subway system are the key stories from this week’s Solar Energy News Report.