Solar panel cost reduced by 75% Solar LED popular era is coming soon

Light-emitting diodes ( LEDs ) are optimistic about the potential to change the lighting industry and have brought many innovations to the automotive, street lighting , decorative lighting and other sectors. However, to further accelerate the popularity of LED, the booming solar industry in recent years is a good reference.

LED can be a model for the solar industry, increasing market penetration

According to the Greentech Media website, in less than 10 years, solar energy has been the most visible source of electricity for residential and commercial use in the United States from the leftmost end of the adoption bellcurve, and is no longer just a wealthy or environmentalist. Patent. According to a survey by GTM Research and the US Solar Energy Association (SEIA), the US solar power generation in 2015 exceeded 20 GW (20 billion watts), setting an important milestone.

On the other hand, the growth of LEDs is also highly optimistic. In 2010, the market share of LEDs only accounted for 0.3% of the entire lighting industry, and by 2015 it has increased to 18% and will continue to grow. In order to follow the footsteps of solar energy, LED operators can start with reducing costs and financial incentives.

The cost problem is the biggest obstacle on the road of LED popularization. The same problem has plagued the solar energy industry. The solar energy industry has invested in research and development for many years, hoping to bring mature solar technology to the market. In addition, the solar industry is also expanding its production line to promote economies of scale. After several years of hard work, the cost of Solar Panels has been significantly reduced by 75%.

However, it is worth noting that some solar manufacturers do not hesitate to sacrifice quality in order to reduce costs, which is what LED manufacturers need to avoid when promoting LEDs. Safety, quality and product efficiency are key to the successful development of the solar industry, so LEDs also need to follow the same high standards.

At present, the retail price of led bulbs remains high, which can be attributed to the multiple price of the sales pipeline. LEDs should be aligned with the solar industry, try to cooperate with the sales pipeline to reduce costs, so that consumers can get led products at reasonable prices.

The solar industry can flourish in the US market, and financial incentives at all levels of government are equally important. After the solar investment tax credit (ITC) has been on the road since 2006, the residential and commercial solar market has achieved a compound annual growth rate of 76%. In California, California's California Solar Initiative (CSI) subsidy program also made California the most economically-elected administrative district.

The LED industry also offers many tax credits and discounts to help reduce the upfront cost of LEDs. LED operators should always pay attention to these government incentives to benefit more users.

California Solar Project

The California Solar Project is the second largest solar program in the world after Germany. The program targets household and commercial grid-connected solar power systems. The California government has allocated more than $3.3 billion in installation subsidies. It has been implemented since 2007 and aims to reach the goal of millions of solar users in 2017. Produces 3,000 megawatts (MW) of solar power.

The program is divided into three parts: the California Public Utilities Commission (CPUC)-regulated California Solar Project, and the California Energy Commission (CEC)-regulated New Solar Homes Partnership (New Solar Homes Partnership) ; NSHP), and subsidy programs managed by public utilities.

The project will not only drive the growth of the California solar power market, but also take the lead in other states in the United States, while further increasing the size of the solar power market.

American Solar Industry Association

The Solar Energy Industries Association (SEIA), one of the National Trade Associations of the United States, is the biggest supporting force behind the solar industry. The member companies of the association cover research and development, manufacturing, supply, finance and solar energy design and painting, across the United States and overseas.

The association was established on January 24, 1974, and was jointly proposed by five solar-related companies, hoping to create an association that can broadly support the orderly growth of industrial systems. Since then, SEIA and member companies have been committed to promoting, developing and implementing the use of solar energy in the United States.

However, the association has faced a series of challenges since its inception, the most important of which is how to keep the overall industry stable and profitable. Sheldon Butt, the first president of SEIA, once said that before creating an industry association, should he have to own an industry first? Despite this, SEIA was successfully established and became a key part of President Jimmy Carter's government policy on energy conservation.

The solar industry suffered another major setback in the United States in the 1980s, when US President Ronald Reagan signed a bill that drastically cut federal research funding and residential tax credits. But despite the policy's unsupported, SEIA continues to grow and is able to promote ongoing research and development to obtain funding, and also make solar energy a priority for the development of new energy by the US Department of Energy (Department of Energy).

At the beginning of 2013, SEIA has become the main representative association of more than one thousand solar industry supply chains.