Today in Washington, DC, the U.S. House of Representatives hosted the 14th Annual Congressional Renewable Energy & Energy Efficiency EXPO + Forum at the Cannon House Office Building on Capitol Hill. The EXPO brought together nearly 60 unique businesses, trade associations, government agencies, and policy research analysts to speak on the potential the renewable energy industry and related energy efficient technologies. The expo showcased 57 exhibits, presentations by members of Congress, by Executive Branch officials, and by the exhibitors themselves. The Caucus Room was abuzz with activity as interested spectators and viewers walked amongst the various booths and displays. All forms of renewable energy were well represented at the convention, including biofuels, biomass, geothermal, water, wind, and good representation from the solar energy industry.
Posts Tagged ‘renewable energy industry’
These are some of the highlights of the year gone by and an outlook of things to come for 2011. The solar industry has waited to find out what would be the fate of the Treasury Grant program. If you haven’t tuned in for this debate, this development is very good news for the renewable energy industry. The solar industry had another stellar growth year. A recent report predicted that the industry will grow as much as 22% in 2010, when all of the numbers (modules) have been counted. The one gnawing issue is that the solar industry is quickly becoming a Chinese industry, as even today the Chinese own 66% of world production. It was a better year to put home solar panels on your roof than investing in solar stocks. Morningstar says that solar investors “could be in for a rude awakening come 2011.” The biggest change in the industry came with the micro-inverter. Sure, solar panel efficiencies improved, which means more output for the buck, and the price of PV came down, but the biggest change in the industry came with the industry acceptance for residential PV installation of the micro-inverter. Enphase is no doubt the market leader, but there are many, many wanabees and the competition for micro-inverters will heat up in 2011. The other major shift we saw in the industry is that regardless of whether the homeowner gets a micro-inverter, the homeowner almost invariably wants to get monitoring of the solar energy system.