One of the nation's largest manufacturers of solar systems, MEMC Electronic Materials, said that its revenue more than doubled in the fourth quarter of 2010, leading more investors to feel optimism about the future of the industry, according to a report from The Associated Press. In addition, President Barack Obama recently spoke about the importance of clean energy in both radio interviews and his annual State of the Union address, saying that he believes 80 percent of the nation's power can be supplied by renewable sources by 2035." /> Solar Energy Home Home Solar 101 Solar Power Resources Solar Installation Energy Saving Solar Hot Water (Thermal) Solar Resources Solar Tools Solar News Solar Panels Solar Events Cooler Planet Blog Solar Videos Energy Efficiency Solar Tools Solar Calculator Live Solar Feed Solar Installers Arizona Solar Installers California Solar Installers Colorado Solar Installers Florida Solar Installers Massachusetts Solar Installers More State Installers Solar News Solar Policy Solar Energy Solar Business Green Energy Solar Energy Home >> Solar News >> Demand for solar power expected to surge Demand for solar power expected to surge Thursday, February 03, 2011 at 7:00:13 AM - by Danny Vo More money is being poured into the solar power industry these days thanks to an increased demand for clean energy.
One of the nation's largest manufacturers of solar systems, MEMC Electronic Materials, said that its revenue more than doubled in the fourth quarter of 2010, leading more investors to feel optimism about the future of the industry, according to a report from The Associated Press. In addition, President Barack Obama recently spoke about the importance of clean energy in both radio interviews and his annual State of the Union address, saying that he believes 80 percent of the nation's power can be supplied by renewable sources by 2035.
The U.S. is expected to account for about 19 percent of the global solar market by the end of 2012, up from just 6 percent through the end of 2010, the report said. In addition, there is also global demand from Italy, France, Japan and the Czech Republic, which could spur industry growth of 120 percent this year.
As the price for non-renewable energy sources such as oil continues to rise, many nations are seeking alternative methods of generating power cheaply and cleanly.
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You could take this new kind of glass and put it on top of an existing solar cells so the cell still generates electricity but this glass pane with the dye on top captures a certain part of the spectrum and converts it more efficiently than the solar cell would do on its own.
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