SunPower Corp announced they have smashed another efficiency barrier with their X series solar panels pumping out 24.1%. Higher efficiency benefits residential home solar power because it generates greater power production from a smaller system footprint on the roof, or wherever space may be at a premium.
Mercedes-Benz is reportedly working on a line of advance concept electric vehicles (EV) using a common platform design for its next generation EV's that was revealed at a tech briefing at corporate headquarters in Stuttgart, Germany this week. The platform will be all wheel drive and have a low center of gravity, which should give the electric car outstanding handling performance.
The cost of a residential home solar power system dropped an impressive 8.3% in Q1 2016 over the previous quarter. The reduction in installed price was attributed to a combination of factors including: lower hardware and equipment costs, combined with strong attention to installation, permitting and other "soft costs".
As reported recently, the percentage of home solar power shoppers deciding to own their system as opposed to leasing them or signing a long term Power Purchase Agreement (PPA) is forecast to increase over the coming years. Due to lowering costs of solar power systems, the attractive 30% Federal Investment Tax Credit (ITC), and superior payback economics of ownership, customers will be looking hard at their options.