What Are Some Fun Facts About Solar Energy

Solar energy is the most plentiful source of renewable energy. Solar energy has an amazing resource and cheaper than energy from oil and gas. People in the world has believed that solar is the future energy. Solar energy very interesting to talk about. What are some fun facts about solar energy? Check this!

1.    Saudi Arabia the leading fossil fuel exporter are spent $50 Billion to realize their goal of renewable-energy future
A rapid escalation from Saudi Arabia is moving prospective energy source to electricity with solar and the wind by 2023 at least of 10 GW. Khalid Al-Falih as Saudi Arabia's energy minister said that his country will begin coaxing bids for this giant project, renewable energy installations in order to continue oil for exports.
The Saudi Arabia goal is to generate 30 percent electricity from a renewable source in 2030, with remains come from natural gas. His plan is called “Vision 2030”. To realize this giant project, Saudi Arabia build of renewable energy to leave more oil for export and can make more government revenue, at the other way is diversifying the economy from crude oil to specific product and turning off a small slice of Saudi Aramco with an IPO of 5 percent that can raise revenue more than $100 billion.

2.    Warren buffet, Bill Gates and Jack Ma are betting big on this sector

Warren buffet company “Berkshire Hathaway” paid $2.5 billion for generate 579 MW solar power project. Warren buffet company is investing in a renewable source of solar and wind energy, and 84 major corporations have promised to source their energy 100 percent from this project.
In this day, Bill gates, mark Zuckerberg, jeff Bezos, jack ma and other tech titans committed $1 billion to launching a new low carbon energy fund. Many investors admit this opportunity, with investment targeting at addressing environmental challenge with products and service.

3.    The solar light just takes less than 10 minutes to travel along 90 miles distance.

4.    Solar energy used to powered TV and communication satellites with photovoltaic cells.

5.     The solar energy amount that hits the earth in 1 minute is same with 1 year the world energy needs.

6.    Solar energy is incredible renewable energy source with 173,000 terawatts of solar energy prominent the earth continuously. This amount is 10,000 more than the total world energy needs.

7.    The first solar panel was built by bell laboratories in 1954

8.    Solar panel have a lifespan between 25 – 30 years

Solar panel (Photovoltaic, PV) modules especially come with 20-year warranties with a guarantee that panels can produce at least 80% of the rated power after 20 years of use. That assume the panels will degrade by about 1% in one year.
9.    The largest solar energy plant in the world is covering 1000 acres located in the Mojave desert in California

The largest solar power plant is operating at the Ivanpah solar electric generating system (ISEGS) in Mojave desert California. Ivanpah commercial operation began at 2013. The Ivanpah was constructed by Bechtel and is operated by NRG energy.

10.    More than 500,000 UK households in Q1 2014 had solar Photovoltaic (PV) rooftop panels

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