Surprising Facts About Solar Energy

Surprising Facts About Solar Energy

Did you know that solar energy is the most abundant energy source on earth? There’s enough solar energy hitting the Earth every hour to meet all of humanity’s power needs for an entire year. An article published by the Motley Fool over the weekend shared some interesting facts about our favorite energy source — Solar! In addition to being the most abundant energy source on earth, here are some other little-known solar facts:

 

  • Solar panel costs have fallen 99% since 1977
  • Solar energy is cheaper than fossil fuels
  • Solar power plants can last 40 years (or more!)
  • China is the world leader in solar energy
  • California is the US leader in solar
  • 39% of new electricity production capacity installed in 2016 was solar
  • Solar is the fastest energy source to deploy

 

To read the complete list of facts and learn more about the facts shared above, check out the Motley Fool article here.