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solar energy stats

Download our free solar energy facts infographic below

Solar Energy Facts updated for 2020

Understanding solar energy facts and statistics can help you better understand your personal solar needs in as well as get a better grip on the solar industry overall. Most California residents already know some solar facts such as:

  • It’s a truly renewable energy source which can be harnessed in all areas of the world, every single day.
  • Reduces the electricity bill and saves you money.
  • Can be used for diverse purposes, such as electricity and heat.
  • Has low maintenance costs year-round.
  • Technology is constantly improving bringing costs down.

There are other facts and statistics which are newer in 2020 offering deeper insights into solar energy technology and usage. If you are considering switching to solar energy this year, here’s 9 new solar energy facts for you to consider.

#1 Solar energy as we know is a completely free and an almost endless source of energy.

We are harnessing it with modern technology, like photo-voltaic, solar thermal electricity, solar heating, solar architecture, and artificial photosynthesis.

#2 According to the latest statistics, our planet gets 174 Petawatts of incoming solar radiation in the upper atmosphere, from which 30% is reflected space and the other 70% is absorbed by the oceans, clouds, and landmasses.

#3 Worldwide, solar energy is being recognized as the future of alternative energy sources. This is due to the fact that it is a non-polluting option of getting energy which helps to combat the greenhouse effects on the global climate.

And since it is a renewable source that is practically owned by no one, it can be used without worry of raised prices.

#4 According to a new study published by HIS Markit, the global solar energy industry in 2020 is expected to record 14% growth compared to the total solar capacity installed in 2019.

This percentage in the U.S. is even bigger, as our solar installations are expecting a 20% growth in 2020.

#5 The U.S., especially North Carolina, California, Texas and New York, which are key drivers of solar demand, are considered to be the world’s second-largest solar market.

#6 Many spaceships are using solar energy for power, so solar energy is becoming a neccessity for many space missions in almost all countries worldwide.

#7 Solar energy is also becoming the preferred power source on occasions where the need for power is temporary. Such as mining sites, county and state fairs, and events like the Olympics.

#8 The price of solar batteries are falling. There are two main types of solar batteries, lead-acid batteries, and lithium-ion batteries.

The second type, which lasts longer, is more advanced and has better performance and consequently costs more, are experiencing a significant decrease in prices: their cost fell 35% from the second half of 2018 to the end of 2019, and this downward price trend continues in 2020 as well.

This is an outgoing trend as the prices have dropped to an incredible 76% since 2012. The best news is that this trend is expected to continue in the next decade as well.

Need a solar provider near you?

Finding a residential solar company in California provides the convenience of getting to your bay area location without the added stress or cost of waiting around. Instead, your solar panels or solar energy system can start to receive the necessary energy efficient upgrades right away.

Westcoast Solar Energy is one of the top commercial and residential solar companies on the West Coast (see our solar reviews) located in the heart of Wine Country in Sonoma County.

Westcoast Solar Energy also provides solar panel service and repair on solar systems installed by other solar panel companies. So call the best solar company near you at (707) 664-6450 today.

Solar Energy Facts Infographic

10 Insane solar energy facts you probably never knew

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Sources:

  • State of the solar industry: 10 stats to know
    https://www.techrepublic.com/article/state-of-the-solar-industry-10-stats-to-know/
  • 10 facts you probably didn’t know about solar energy
    https://wilderness.org/blog/10-facts-you-probably-didnt-know-about-solar-energy
  • 10 Solar Energy Facts & Charts You (& Everyone) Should Know
    https://cleantechnica.com/2016/08/17/10-solar-energy-facts-charts-everyone-know/
  • 8 Interesting Facts About Solar Power
    http://www.renewableenergyworld.com/ugc/articles/2014/09/8-interesting-facts-about-solar-power.html
  • Solar Power Statistics
    http://www.solarpoweristhefuture.com/solar-power-statistics.shtml

Solar Energy Sources

Would you like to be added as a source for our next solar power infographic? Send us an email here.

Don’t forget to view our Solar Energy FAQs beforehand.

If you’re in beautiful Sonoma County, call (707) 664-6450 to learn how solar panels can benefit your home, business or winery today.

Contact your local solar provider today!

Westcoast Solar Energy is equipped with the experience and certifications to help you and your home generate more energy.

Contact us today and your home into a long-term renewable energy resource.

(707) 664-6450 Email Us Now

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They treat solar projects as construction projects with a great attention to detail and a long-term focus on durability and have been great partners for us.

Karen Hamilton
Lagunitas Brewing Company

For me, it’s all about trust and Westcoast Solar Energy does what they say they will do.

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SepiSolar

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Contact Us

Westcoast Solar Energy
2975 Dutton Ave
Santa Rosa, CA 95407
Phone: (707) 664-6450
Fax: (707) 664-6454
CA LIC: #963158

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A successful project always starts with a smart design. Westcoast Solar Energy systems are designed in-house to ensure that our high standards are met and that our customer gets the maximum benefit from their solar array.

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