SolarMax Technology Blog

Where do investments in U.S. solar power stand?

According to Bloomberg New Energy Finance (BNEF), as the solar energy market matures, more project financing and public market investments are becoming commonplace. Compared with other clean technology categories such as wind and biofuel, solar technology received the most public and private investments worldwide in 2014. At $41.9 billion, solar investments, have ...

The future of solar energy may be in the hands of your neighbor

According to Bloomberg Business, the California Independent System Operator Corporation recently approved rules allowing companies to buy electricity from numerous homes and commercial power systems in order to bundle it for the wholesale market. This change will enable utilities to consolidate the output of rooftop solar systems, batteries and even electric vehicles. ...

How does solar power work?

Solar power may seem like a daunting concept to understand, but it doesn't have to be. If you're considering buying or leasing residential solar panels, understanding how they work may ease the transition or better justify the cost.

California lawmakers plan to raise the state's clean energy mandate

According to USA Today, California lawmakers plan to raise the state's clean energy mandate by 50 percent toward the end of this year. The changes this will include more wind turbines, larger solar farms and more geothermal energy use. Many are wondering, though, will rooftop solar be a part of the change as well?

Should homeowners buy or lease their solar panels?

More and more homeowners these days are beginning to consider installing solar panels on their home. There are many known benefits of solar power, including lower costs on utility bills and a reduced impact on the environment.

Four ways solar power can benefit your home

Since 2012, the U.S. solar market has grown 76 percent, and shows no signs of slowing down. If you haven't considered the use of solar power in your home before, now is a great time to start.

U.S. solar industry generates more jobs with thousands of MW in installed capacity

U.S. solar industry generates more jobs with thousands of MW in installed capacity as solar energy continues to be the fastest growing industry in the U.S. In 2014, the solar industry created about 31,000 jobs, generating about $18 billion to the economy every year.

Environmental regulations are still debated in the Senate

Despite the obvious benefits of renewable energy and environmentalism, Congressional debate over it continues. This has proven true recently when the Senate Appropriations Committee pushed ahead a $31 billion spending bill for the Environmental Protection Agency (EPA) and Interior Department, aimed at President Barack Obama's call for environmental regulations. As the ...

Riverside Public Utilities Solar Rebate

Despite the increasing popularity of photovoltaic systems, many cities still continue to offer their residents rebates to reduce the cost of owning their own power.

Worldwide solar power initiatives continue to grow

The use of solar power continues to gain momentum worldwide. According to a recent study conducted by the German solar association BSW-Solar, approximately 22 gigawatts (GW) of solar and PV capacity were installed around the world during the first half of 2015. The survey also notes that 50 GW will be added in total by the end of the year.

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