Solar Power Facts And Figures

Solar energy is the technology used to harness the sun s energy and make it useable.

Solar power facts and figures.

Solar energy facts reveal that there are four main benefits in addition to dozens smaller ones of humanity using solar energy. As of the end of 2018 the u s. It usually includes at least one light and a socket to power other electrical equipment such as radios televisions or mobile phone chargers see figure 3. It is a renewable source of energy.

Our ability to harvest solar energy is solely dependent on technology location cost and legislation. Solar is now the cheapest and most abundant energy source in the world in december 2016 the cost of building and installing new solar electricity generation dropped to 1 65 per watt narrowly beating out its renewable counterpart wind 1 66 watt and its fossil fuel competitors. Estimates calculate our sun is 4 6 billion years old and will continue burning its hydrogen fuel for another 5 billion years. At the moment the state is actually producing more solarenergy than it has the infrastructure to consume.

Solar power is the most abundant energy source on earth there s enough solar energy hitting the earth every hour to meet all of humanity s power needs for an entire year. Every ounce of oil every. The most common solar pv system in rural settings is the solar home system made up of a solar panel connected to a battery and charge controller. Installed 10 6 gw of solar in 2018 alone.

Solar power availability and growth facts until the sun fizzles out solar power will continue to be a very reliable energy source. Had 64 2 gw of installed solar enough to power 12 3 million american homes. Solar energy facts solar energy produces no pollutants and is one of the cleanest sources of energy. Second it is available for free to anyone who has the technology to harness it.

First of all it is a vast source of energy that is renewable and inexhaustible. As of 2011 the technology produced less than one tenth of one percent of global energy demand. Solar home system components.