Solar Energy Industry: 2011 in Review Solar energy is one of the fastest growing industry in the United States.
Rhone Resch, president and CEO of the Solar Energy Industries Association, today published the following review of the U.S. solar energy market in 2011: "In contrast to some of the recent headlines, the solar energy industry is a strong, thriving industry in the United States that is creating jobs and lowering costs for the consumer. In 2011, a number of myths about the solar energy industry circulated nationally. Let's set the record straight. Here are seven truths about this thriving American industry:
Scientists report first solar cell producing more electrons in photocurrent than solar photons entering cell
Belkin this month released perhaps the simplest way to cut that standby power with its Conserve Power Switch. The small gadget is just a switch in a handy format that cuts the flow of power to anything that plugs into it. There's not much to this device, but that's its appeal. The Power Switch, which costs $6.99, plugs into a regular outlet and you plug a device into that. When you want to use your coffee machine, flick it on and a small green light turns on to indicate the plug is live. Could this simple act actually be worth it? Depending on what power source you intend to cut off, this little gadget or one like it can pay for itself in less than a year. Lawrence Berkeley National Laboratory calculates that the average coffee maker uses 12 watts when it's off. That means if you only turned it on for the few minutes that it's actually making coffee, you'd save about $12 a year based on the national average electricity price.
The European wind energy market is just starting to recover from the economic downturn in 2009. As demand stabilises, steady growth is forecast. At the same time, the market is poised for greater consolidation that will result in the emergence of fewer but stronger participants. New analysis from Frost & Sullivan (http://www.energy.frost.com), European Wind Energy Markets, finds that the market earned revenue of $19.18 billion in 2010 and estimates this to reach $42.48 billion in 2017. The application sectors covered in this research service are offshore and onshore wind energy. "Europe's wind energy market is primarily driven by the European Union's renewable energy agenda to meet 20 per cent of its energy needs through renewable sources by 2020," notes Frost & Sullivan Research Analyst Neelam Patil. "The high growth potential of offshore wind energy, coupled with the emerging markets of Central and Eastern Europe (CEE) are attracting investments in the European market."
A lack of progress for battery technology is (arguably) the single biggest barrier for gadgets, electric vehicles and the power grid. But there continues to be innovation, like last week researchers at Northwestern University unveiled technology that can boost gadget battery life by ten and charge a battery in minutes instead of hours. And there’s hundreds of researchers, entrepreneurs, universities and large companies working on battery breakthroughs. Here’s 25 you should know about:
Ascent Solar Technologies, Inc. a developer of lightweight, flexible, thin-film photovoltaic modules, announced today that itsflexible CIGS solar panels were named one of TIME's 50 Best Inventions of 2011. Ascent's technology was one of six ‘green' inventions to be recognized in this year's list, featured in the Nov. 28 TIME issue. For each of the past 10 years, TIME has recognized the top 50 breakthroughs in science, technology and the arts. Previous honorees have included the iPad, Nissan Leaf, 3-D cameras, and the world's first synthetic cells. "We are honored to be recognized by TIME as one of this year's top 50 inventions," said Ascent Solar President and CEO, Ron Eller. "Our flexible solar panels integrate seamlessly with countless applications across a wide variety of markets. TIME's recognition further validates the transformational aspects of Ascent's technology."
Twenty-one cleantech startups from across the U.S. competed for a grand prize of $250,000 in seed investment and services at this year’s Cleantech Open Business Competition. On Wednesday night, the not-for-profit organization awarded the national grand prize to the winner in the renewable energy category, Atmosphere Recovery, which makes laser-based gas analyzer systems for efficient manufacturing and advanced energy process control. See the full list of winners here.
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