solar industry News

On Friday, the U.S. International Trade Commission ruled that domestic solar panel manufacturers had suffered serious injury from foreign competitors, giving President Donald Trump until January to decided whether to impose tariffs.

Washington - The solar industry got a huge boost on Tuesday when the US Department of Energy announced the 2020 utility-scale solar cost target set by the SunShot Initiative has been met, three years early.

The solar power industry has done amazingly well in the United States over the past nine years, seeing a 30-fold increase in photovoltaic (PV) sales. Perhaps more significant is the number of people working in the solar industry - Over 260,000 to date.

The U.S. solar industry is in the midst of some boom-times, showing its biggest growth ever in 2016, with solar capacity expected to nearly triple over the next five years.

Washington - BP states global energy demand will reach a 39 percent increase by 2030, or 1.6 percent annual increase, and greenhouse gas emissions will likely increase by about 28 percent during the same period, even as the company plans to exit the solar industry.