October 14, 2014 - Does having your own solar power installation sound appealing? It apparently does to a growing number of American businesses and homeowners who are investing in what many tout as a cleaner and less expensive source of electricity. And that trend of buying into solar power is also growing internationally.
During 2014's second quarter, photovoltaic (PV) installations in the U.S. went over the gigawatt mark for the third consecutive quarter, according to the Solar Energy Industries Association (SEIA). A gigawatt is equivalent to the amount of power needed for around 750,000 homes.
And while commercial solar power is still in its infancy (the Institute for Energy Research says solar makes up just 0.2 percent of the net energy produced in the U.S.), homes and businesses with solar panels are no longer considered an oddity.
The solar industry has also become an important source of jobs for Americans. A report by the nonprofit Solar Foundation found the industry employs more than 142,000 Americans at a rate that's growing 10 times faster than the national employment rate. read more>>>