The news surrounding solar power continues to improve. Chinese producers are now the leading panel producers, lowering costs significantly. The Solar Investment Tax Credit, or SIT, is a federal tax credit that defrays up to 26% of solar-related expenses. After 2023, however, the SIT will no longer be available for home buyers or commercial installers. The latest generation of solar panels is significantly more efficient than the first generation, and the savings are substantial.
There are a variety of sources of solar energy news. The Association of Solar Energy Suppliers publishes an exclusive bi-monthly e-newsletter that provides information about the latest developments in the field. These publications feature in-depth articles, industry forecasts, and market research to help solar professionals make the right decisions. Solar energy news can be found on websites dedicated to the subject. The ASES blog also features expert articles on solar energy.
In addition to solar power news, the Department of Homeland Security has ordered Customs and Border Protection (CBP) to halt imports of Chinese products from a company accused of exploiting Uyghur labor. As a result, CBP agents have seized and detained shipments of solar products linked to Hoshine. Although the investigation continues, solar CEOs have warned that it could be a long time before a new US government policy is implemented that allows importation of solar panels.
The Biden administration has thrown the solar industry into panic mode after it announced a probe into the solar industry. This probe, launched by the Commerce Department last March, surveyed 318 solar projects in the US and has already resulted in the cancellation of several projects. This latest development is likely to affect all solar businesses and investors. The skeptics are urging the administration to stop the ban as soon as possible. In any case, the administration is engaging with all stakeholders in the solar industry.
The proposed projects are so efficient that they could replace coal and drastically reduce pollution. A new technique for cleaning solar cells has been developed that could make them even more efficient in water-limited regions. Until recently, this method was under patent, but now it is available in a public domain. The new method, which uses bacteria, can store solar energy for 18 years and release it when needed. In addition, organic solar cells with NFAs are efficient in generating electricity while requiring low offset.
Recycling of solar panels is another issue that will eventually be a federal concern. In the next few years, the U.S. government will introduce legislation governing the proper disposal of solar panels. The regulations may ape the WEEE Directive, which governs the recycling of electronic waste in European member states. The WEEE Directive, however, was amended in 2014 to include solar panels. In the meantime, solar panels may become a billion-dollar industry.
Solar energy news continues to grow. The U.S. Department of Energy has announced $26 million to fund projects aimed at achieving 100% renewable grids and storage. Meanwhile, the U.S. Department of Energy announced the fourth round of the Solar District Cup, a collegiate competition. These funds are crucial for the future of the renewable energy industry. However, many challenges remain. Despite these new funding opportunities, the U.S. government continues to invest in solar research.
In recent years, the state’s solar and wind energy projects have been welcomed by both the Democratic and Republican governors. While a new climate bill has been passed in the Senate, the debate remains on whether or not the “IRA” legislation will pass. The Republican governor, Eric Holcomb, has even signed a bill criticizing the bill. Solar energy news will continue to be the next big industry, and Indiana has plenty of opportunities to make it happen.
Perovskite semiconductors have been studied for their ability to absorb solar energy. These materials have the potential to produce more energy than silicon solar cells. In addition to being more stable and cheaper, perovskite solar cells may also be thinner and lighter. They can even be produced in tandem with silicon solar cells. The combined materials can create a more efficient solar cell and improve its performance. A new study by Imperial College has demonstrated that perovskite-silicon tandem solar cells are an excellent alternative to silicon solar panels.