Nanosolar Is A Developer Of Solar Power Technology Founded

Solar energy is a resource that can be utilized by any nation willing to invest in this natural resource. According to the research attained from the EPIA’s 2012 Photovoltaic Barometer report, and data attained from population numbers from Internet World Stats (IWS) and the GDP numbers come from the International Monetary Fund (IMF), the top countries that utilize solar energy Sources are Germany, Italy and Belgium, (Shahan, 2013) whereas the top counties that trade with the United States are Canada, China Mexico Japan Germany and the United Kingdom. (Wikipedia, 2012)

German policy encourages building structures that are both efficient and that often produce their own energy, by allowing the government to directly pay property owners a fair market value for any renewable energy produced, versus Iowa’s standard of low-rate utility payouts (AIA) (Database of State Incentives for Renewables and Efficiency). This is but one example of the differences in policy that I plan to investigate in my research.

Each year the cost of designing, building, and maintaining renewable energy infrastructure and technology decreases. This trend is most prominently visible in the solar and wind industries which have both “seen stock prices jump since Congress approved an extension of tax credits for renewables” in late 2015 (Warrick). One cause for the renewable industry’s growth is the influx of investors. In November 2015, Goldman Sachs “quadruple[d] its investments in renewables to $150 billion,” a trend that has only become more prevalent in 2017 (Warrick). Part of the strong appeal of renewable energy is that it pays itself off over time. Instead of paying an electric bill every month, year after year, one can pay to have solar panels installed, that while initially expensive, never require additional payments. Not only are they free after the initial payment, some electric companies pay customers for installing panels and investing in clean energy. Many people complain that renewables produce far less power per dollar than coal, natural gas, and oil. While this may be true, the gap is quickly closing as renewable technology improves and prices drop. The convenience of only needing to pay once for renewable infrastructure far outweighs the greater power output that non-renewables provide for

The solar energy industry creates jobs. The Central Valley is a major hub of agriculture in the United States. The produce in the valley varies from vegetables, fruits, wine, dairy products and fruit juices. To sustain Agribusiness in the region, businessmen and farmers needed to cut the cost of running their farms and ranch. The ability to cut the energy bills has helped many businesses to remain profitable and sustain the livelihood of many families. The increase in Solar Energy in the valley started to grow exponentially in the last decade. The Fresno Bee article, “Valley Solar Firms Shine …,” by Sandford Nax talks about the acceleration of solar company expansion and job creation. Sanford presents the different reasons for the solar

Canadian Solar which is a traded solar cell and module manufacturer has experienced recent strong growth. Despite 2009 fluctuations in the solar industry namely for PV technology, the growth has been fuelled by Government incentives programs to encourage solar PV technology. The Solar industry is now highly competitive and companies follow an industrial organizational model. This is because they all compete mainly in PV technology, and this market is hinged on Government initiatives and renewable support schemes. Also, the international markets such as Spain (FIT) and Germany ( EEG law) influenced the companies ' strategy in terms of rates changes, over supply in 2009 among others.

In contrast, some believe that renewable energy is a key factor involved in helping the economy to grow. Many jobs are created in the manufacturing and running of renewable energy plants. The renewable energy and energy efficiency technologies created 8.5 million new jobs and $970 billion in revenue in the year 2006 (Langwith, “Renewable Energy is Economically”). The American Solar Energy Society says by 2030 it could generate up to $4.5 trillion in revenue for the U.S and create 40 million new jobs. This would represent one in every four jobs (Langwith, “Renewable Energy is Economically”). This shows how vital it is to get renewable energy companies in the U.S. It is important to build a stable economy again and do it all while helping the environment.

By having its final assembly in Germany, Nanosolar is geographically positioned to meet the needs of developing countries such as India and China while distributing its panels throughout Europe. Shipping completed modules to the US would require additional cost and put it at a disadvantage compared to First Solar which has a manufacturing plant in Ohio (Exhibit 9).

In sum, according to the EU experiences and the attitudes of the consumers, the definition of the market should not be confined to a renewable energy market, instead, a broader wholesale electricity market should be the appropriate benchmark. If the renewable energy market is adopted to measure subsidies,

This critical thinking assignment will discuss an article concerning the US imposition of a tariff on Chinese solar panels. Under the Obama Administration, the federal trade panel found China responsible for the harm of the U.S. solar panel industry. China exports billions of dollars of solar products to the United States each year and will face tariffs of up to nearly 250 percent for a period of up to five years before reevaluation (Associated Press, 2012). The U.S. hopes that this will help to maintain a viable solar manufacturing base. The remainder of this assignment will discuss economic principles and explain how these tariffs could affect supply and demand.

In addition, solar energy operational costs are manageable. It is free from monthly charges compared to conventional sources of energy. Solar energy does not require raw materials such as oil and coal, and once the panels are built, there will be no monthly charges. In addition, the prices of fossil fuels are increasing day by day, and this means conventional energy will be very expensive. Solar energy will remain the most capable world’s future power supply because, it is cost effective once the plants are built, and there will be no transport costs like for conventional energy sources. Therefore, solar energy is cost-effective, and will help in future energy supply, as the maintenance cost is affordable, as long as they are installed properly, and are working efficiently ( Hans, 2012). Furthermore, with the improvement and advancement of technology, it will increase its efficiency, and cost of production thus, making it more cost effective and the world’s best

Solar cell or photovoltaic (PV) systems usually transformed energy from the sun in to electric current. It can be measured in terms of ‘‘conversion efficiency’’, the proportion of solar energy transformed to electricity. (Henderson, Conkling, & Roberts, 2007) Sunpower primarily focused on the production of solar cell. But by moving in to wafer manufacturing it soon incorporated in to manufacturing of solar power module units. In general Sunpower manufacturing process needed approximately two times as many steps as the usual solar manufacturing process need and many of these steps were distinctive to Sunpower. Sunpower has nearly 15 -20 established cell manufactures, a handful of silicon – based cell manufacturing upstarts and a number of thin film solar companies offering potentially unsettling technologies.

The SunPower Company is an up and coming manufacturer and seller of photovoltaic (PV) panels. As a young company with a strong desire for innovation they operate in an atmosphere where competition is very high and SunPower and the competition continue to fight for market shares. For SunPower management team to promote its growth will need to make sound decisions to ensure it stays competitive with the market. As seen in 2008, with other solar companies already dominating the market, increasing sales was an imperative goal to achieve its main objective to maximize profit.

Solar energy and its use isn’t new to the world. It has been used by various societies beginning from 7thCentury B.C, when the sun’s heat was concentrated by glass and mirrors to light fires. Today, we have everything from solar-powered buildings to solar-powered vehicles. By and large solar technology has some environmental, economic, psychological and ethical implications for our society. Actions taken by companies and individuals to increase the use of solar technology will create good local jobs, improve our environment and reduce our dependence on foreign oil while doing what’s ethical and moral for our society.

Subsides are being provided directly to renewable energy generators by governments all over the world. German has launched an aggressive campaign to have 100% of its energy come from renewable sources. The German government gives direct subsidies to individuals and businesses for the installation of roof top solar panels on their property, thus making renewable energy more attractive for small renewable energy generators (Burgermeister, 2009). Direct subsidies have become a required part of renewable energy for small producers to find it cost effective and current efficiency levels show that they will be required for many years to come.

electricity and gas across national borders will be improved, increasing competition. The road toward the creation of a single EU energy market, however, has been anything but easy. Many national markets are dominated by a single enterprise, often a former state owned utility. Electricitie de France, for example, has an 87 percent share of