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Solar Energy Fact Sheets

Informative Fact Sheets about Solar Energy

Solar: photovoltaic: Lighting Up The World

  • 200,000 homes in the U.S. use some type of photovoltaic solar technology-and the market is expanding at a healthy 15% annually.

  • The main resource required for many PV modules is silicon, a major component of sand. The amorphous silicon cells manufactured from one ton of sand could produce as much electricity as burning 500,000 tons of coal.

  • PV modules covering 0.3% of the land in the U.S., equivalent to one fourth of the area currently occupied by railroads, could provide all of the US's electricity needs.

  • The US leads the world in the development of PV technology. PV systems are currently providing electricity services for: communications, health care, crop irrigation, water purification, lighting, cathodic protection, environmental monitoring, marine and air navigation, utility power and other residential and commercial applications.

  • In the past 20 years, the US has spent a total of about $1.4 billion on developing solar power and photovoltaics. Aided by that investment, US companies now capture 44 percent of the estimated $1.1 billion in worldwide sales of solar products every year.

  • If photovoltaics were used for just 10% of new power generating capacity outside the U.S., the revenue would amount to approximately $13 billion per year.

  • Three new automated PV manufacturing plants were ribbon-cut in the US in 1996 (VA, WA, MI) and far more ribbon-cuttings are being planned for 1997 (CA, OH, DE, NM, MA NV).

  • The new PV manufacturing capacity brought on-line in 1997 will almost double the current capacity.

  • It is predicted that photovoltaics and other direct conversions of sunlight will be the most rapidly growing form of commercial energy after 2030 with sales exceeding $100 billion. Shell Oil Company itself has acquired two photovoltaics companies.

  • Since 1992, the Japanese governmental national budget for photovoltaics has increased at least 15% per year.9 Japan's 1996 federal R&D budget for PV was $130 million and $55 million in Germany as compared to the US's $62.5 million.

  • Worldwide sales of photovoltaic products totaled over 90 megawatts in 1996, up 14% from 1995. US firms have a 43% share of this $1 billion global market.

  • 200,000 homes in the U.S. use some type of photovoltaic solar technology-and the market is expanding at a healthy 15% annually.

  • The main resource required for many PV modules is silicon, a major component of sand. The amorphous silicon cells manufactured from one ton of sand could produce as much electricity as burning 500,000 tons of coal.

  • PV modules covering 0.3% of the land in the U.S., equivalent to one fourth of the area currently occupied by railroads, could provide all of the US's electricity needs.

  • The US leads the world in the development of PV technology. PV systems are currently providing electricity services for: communications, health care, crop irrigation, water purification, lighting, cathodic protection, environmental monitoring, marine and air navigation, utility power and other residential and commercial applications.

  • In the past 20 years, the US has spent a total of about $1.4 billion on developing solar power and photovoltaics. Aided by that investment, US companies now capture 44 percent of the estimated $1.1 billion in worldwide sales of solar products every year.

  • If photovoltaics were used for just 10% of new power generating capacity outside the U.S., the revenue would amount to approximately $13 billion per year.

  • Three new automated PV manufacturing plants were ribbon-cut in the US in 1996 (VA, WA, MI) and far more ribbon-cuttings are being planned for 1997 (CA, OH, DE, NM, MA NV).

  • The new PV manufacturing capacity brought on-line in 1997 will almost double the current capacity.

  • It is predicted that photovoltaics and other direct conversions of sunlight will be the most rapidly growing form of commercial energy after 2030 with sales exceeding $100 billion. Shell Oil Company itself has acquired two photovoltaics companies.

  • Since 1992, the Japanese governmental national budget for photovoltaics has increased at least 15% per year.9 Japan's 1996 federal R&D budget for PV was $130 million and $55 million in Germany as compared to the US's $62.5 million.

  • Worldwide sales of photovoltaic products totaled over 90 megawatts in 1996, up 14% from 1995. US firms have a 43% share of this $1 billion global market.

PV is short for photovoltaics (photo=light, voltaics=electricity). PV is a semiconductor-based technology (similar to the microchip) used to convert light energy into direct current electricity, using no moving parts, consuming no fuel, and creating no pollution.1 Photovoltaic (PV) systems were first developed for the NASA space program over 30 years ago and the cost of PV has dropped about 100 times since the start of accelerated research in 1973, the year of the first oil embargo.

 

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