Energy News  
Solar Source University

Nationwide, investment in the solar industry has grown more than 40 percent every year since 2000, and venture capital investment, a telltale sign of a potentially hot product, tripled to more than $1-billion between 2006 and 2007, according to a report released this month by researcher Clean-Edge.
by Staff Writers
Largo FL (SPX) Oct 08, 2008
At the Solar Source Company headquarters in Largo, president and solar technology contractor Wayne Wallace is training his competition. He calls his endeavor the Solar Source University.

And while dozens of electricians, building inspectors and contractors have signed up for classes at this 7-month-old institution to learn about all things solar, like how to market sunshine, Wallace said the more competitors in the field, the merrier. These days, there's plenty of business to go around.

"It's almost unfathomable, really," Wallace said. "We're having a hard time keeping up with orders. Our phones are ringing off the hook."

For Wallace and Solar Source, the market for solar tech, such as electricity-generating photovoltaic panels and sun-powered water heaters, has been shining. The company expects sales to more than double this year from $4.5-million to $10-million, and the employee count to swell from about 40 to 80.

And Wallace, who has been in the industry since 1984, said the solar future in Florida is just beginning to rise.

"We've been fueling a rocket ship," Wallace said. "And it's about to take off."

While the solar power industry in the state and across the country is tiny as a percentage of total electricity generation - less than 1 percent - its growth has skyrocketed in recent years, spurred on by high energy prices and changing attitudes toward the environment.

Nationwide, investment in the solar industry has grown more than 40 percent every year since 2000, and venture capital investment, a telltale sign of a potentially hot product, tripled to more than $1-billion between 2006 and 2007, according to a report released this month by researcher Clean-Edge.

"I think that Florida is the next big solar market," said Bob Reedy, director of the Solar Energy Center at the University of Central Florida. "It's a sleeping lion that is just waking."

Community
Email This Article
Comment On This Article

Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
Solar Source
All About Solar Energy at SolarDaily.com



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


Solyndra Reshapes Solar Panels For Commercial Rooftops
Fremont CA (SPX) Oct 08, 2008
Solyndra has announced a new solar photovoltaic (PV) system for the commercial rooftop market. Solyndra's PV system is designed to generate significantly more solar electricity on an annual basis from typical low-slope commercial rooftops with lower installation costs than conventional flat panel PV technologies.







  • U.S. announces 'Biofuels Action Plan'
  • Innovative Wind Turbine For Off-Grid Power Generation At Commercial Sites
  • Living Off The Grid
  • US Farmers To Get Second Life From Wind Turbines

  • Hungary inaugurates first stage of nuclear waste disposal facility
  • German power giant to run Bulgarian nuclear plant: ministry
  • Rice in India, but no signature for nuclear pact
  • Nuclear deal set to boost US-India ties

  • On Rocky Mountain Beetle Kill Could Impact Regional Air Quality
  • An Explanation For Night-Shining Clouds At The Edge Of Space
  • Seabird Ammonia Emissions Contribute To Atmospheric Acidity
  • New Clues To Air Circulation In The Atmosphere

  • Wetlands Restoration Not A Panacea For Louisiana Coast
  • Campaign Launched To Re-Forest America
  • Stressed trees release aspirin compound, may communicate : study
  • Oil Palm Plantations Are No Substitute For Tropical Rainforests

  • Melamine found in Chinese restaurant fare in Hungary: ministry
  • China vows to clean up dairy industry, more children ill
  • Malaysia tests for chemical in Chinese vegetables and fruits
  • Mars, Nestle pull product in SKorea over milk scandal: official

  • New key lets parents put brakes on teen drivers
  • Reducing Work Commutes Not Easy In Some Cities
  • European carmakers seek 40 bln in loans for green vehicles
  • Mitsubishi Motors developing plug-in hybrids: president

  • Researchers Scientists Perform High Altitude Experiments
  • Airbus expecting 'large' China order by early 2009: CEO
  • Airbus globalises production with China plant
  • Safer Skies For The Flying Public



  • The content herein, unless otherwise known to be public domain, are Copyright 1995-2007 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement