"The earth receives more energy from the sun in just one hour than the world uses in a whole year. "
Source: SolarBuzz.com Fast Solar Facts

Solar energy demand worldwide has grown 25 percent per annum in each of the last 15 years. Hydrocarbon or fossil fuel energy demand typically grows 0 to 2 percent per year.

Source: SolarBuzz.com Fast Solar Facts

Worldwide photovoltaic installations increased by 2,826 MW in 2007, up from 1,744 MW installed during the previous year. In 1985, annual solar installation demand was only 21 Megawatts.

Source: SolarBuzz.com Fast Solar Facts

For comparison purposes, total worldwide wind energy installations in 2000 were around 4000 Megawatts, growing at about 35% pa.

Source: SolarBuzz.com Fast Solar Facts

Cumulative solar energy production accounts for less than 0.01% of total Global Primary Energy demand

Source: SolarBuzz.com Fast Solar Facts

Solar Energy demand has grown at about 30% per annum over the past 15 years (hydrocarbon energy demand typically grows between 0-2% per annum).

Source: SolarBuzz.com Fast Solar Facts

The US market showed 57% growth in 2007. Japan's market reached 230MW, a marginal increase from 2006.

Source: SolarBuzz.com Fast Solar Facts

The "Feed-in Law" has led to Germany to become the largest market in the world.

Source: SolarBuzz.com Fast Solar Facts

For the Fiscal Year 2002, the Japanese solar roof top program received applications from 42,838 households.

Source: SolarBuzz.com Fast Solar Facts

Jobs in the solar and renewable energy industries may be found at greenjobs.com

Source: SolarBuzz.com Fast Solar Facts

On the supply side, the amount of product manufactured by PV cell manufacturers worldwide reached a consolidated 3,436 megawatts in 2007.

Source: SolarBuzz.com Fast Solar Facts

Japan has taken over from the United States as the largest net exporter of PV cells and modules.

Source: SolarBuzz.com Fast Solar Facts

Japan accounted for around 39% of total global cell production in 2006.

Source: SolarBuzz.com Fast Solar Facts

Solar Energy (photovoltaic) prices have declined on average 4% per annum over the past 15 years. Progressive increase in conversion efficiencies and manufacturing economies of scale are the underlying drivers.

Source: SolarBuzz.com Fast Solar Facts

The Solarbuzz global price survey on this site shows that prices have consistently declined for over the last two years. A detailed analysis of the worldwide PV Market is in our premier industry report, Marketbuzz 2008. The US Grid Connect Market is analyzed in detail in this report.

Source: SolarBuzz.com Fast Solar Facts

A residential solar energy system typically costs about $8-10 per Watt. Where government incentive programs exist, together with lower prices secured through volume purchases, installed costs as low as $3-4 watt - or some 10-12 cents per kilowatt hour can be achieved. Without incentive programs, solar energy costs (in an average sunny climate) range between 22-40 cents/kWh for very large PV systems.

Source: SolarBuzz.com Fast Solar Facts