Solar energy is becoming increasingly popular as a clean, renewable source of energy. With advances in technology, solar panels are becoming more efficient and visually appealing, making them a viable option for homes and businesses. We asked Baran, an expert in the field, to share the five main solar trends of the future. The first trend is the development of new materials that will expand the limits of what solar panels can do in controlled agricultural environments.
The commercial solar market is also growing rapidly, with businesses, non-profit organizations and governments investing in on-site solar installations. According to the Solar Means Business report from the Solar Energy Industries Association (SEIA), there are now more than 121 gigawatts (GW) of installed solar capacity across the country, enough to supply 23.3 million homes. The second trend is the development of anchoring systems for floating solar panels. This technology has been pioneered by several customers and promises to open up new possibilities for solar energy production.
China is also a major player in the solar energy market, with prices dropping to levels that are affordable for homeowners. Investors have also been drawn to companies like Tesla, which manufactures electric cars and installs home solar panels. The third trend is the expansion of solar energy into communities, providing economic and resilience benefits. However, it is important to ensure that these benefits are shared equally among all members of the community.
The fourth trend is the growth of solar energy in the United States. The country is now the second largest generator of solar power in the world, with a total installed photovoltaic capacity of megawatts. Finally, environmental advocates are working to extend federal policies such as the Solar Investment Tax Credit (ITC) to generate more benefits for solar energy users. The fifth trend is the increasing investment in solar and renewable energy from major companies like Apple, Amazon, Walmart, Target and Google.
These companies are investing heavily in renewable energy sources and are helping to drive down costs and increase access to clean energy.