SolarCity's solar panels with Tesla's electric vehicles and stationary storage batteries was "what the world needs, the ultimate solution" to a sustainable-energy future.
"As a combined automotive and power storage and power generation company, the potential is there for Tesla to be a trillion-dollar market cap company," [Musk] added. [...]
Musk said costs for both companies would go down significantly after the merger, but he did not give specifics. — reuters.com
Elon Musk already sits on the board and owns 22% of the Buffalo-based SolarCity, "the leading installer of residential solar panels" in the US. Musk is convinced that the merger is a no-brainer, but according to Reuters, analysts aren't so smitten with the prospect."While we don't doubt that some...
According to a team of researchers at MIT, both scenarios may be possible before long, thanks to a new material that can store solar energy during the day and release it later as heat, whenever it’s needed. This transparent polymer film could be applied to many different surfaces, such as window glass or clothing.
[...] the new finding could provide a highly efficient method for storing the sun’s energy through a chemical reaction and releasing it later as heat. — news.mit.edu
While wind may be one of the most economical power sources out there, photovoltaic solar energy has a big advantage: it can go small.
While wind gets cheaper as turbines grow larger, the PV hardware scales down to fit wherever we have infrastructure. In fact, simply throwing solar on our existing building stock could generate a very large amount of carbon-free electricity. — Ars Technica
Because of its size and intense radiation, Texas leads the nation in solar energy potential, but the solar industry has long struggled to get a foothold in the state... and solar energy currently makes up a tiny percentage of the state’s energy portfolio. That’s beginning to change. Improving technology has driven down the price of solar power, making it more competitive with other resources — even without incentives, developers say. — The Texas Tribune
A team of researchers at Michigan State University has developed a new type of solar concentrator that when placed over a window creates solar energy while allowing people to actually see through the window.
It is called a transparent luminescent solar concentrator and can be used on buildings, cell phones and any other device that has a clear surface. — msutoday.msu.edu
California will soon be home to the world’s two largest solar towers through an ambitious project known as The Palen Solar Electrical Generating System.
The announcement was made shortly after the US Department of Interior announced the country was to add 1.1 gigawatts to its clean energy capacity. California has also committed to have a third of their power must be derived from renewable sources by the year 2030. — DesignBuild Source
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