Clean Tech Trends You Should Expect In 2019
Last year was a great year for the clean tech sector. We saw tremendous growth in the renewable energy industry when the cost of solar continued to plummet which, in turn, sparked the growth of energy storage and other green complementary green products. California, the 5th largest economy in the world, committed to a 100% carbon-free power sector by 2045, and we are seeing an even higher increase of adoption in renewable energy equipment by Fortune 100 and Fortune 500 companies.
This year, we are not expecting these clean tech trends to slow down anytime soon. In fact, here are just a few trends you should look out for in 2019:
In 2019 we will see new and improved solar technologies become more widely available. Some of these technologies include:
- Bifacial solar panels that can harness solar energy on both sides to increase energy production
- All glass and frameless solar panels that give buyers a more stylish option when compared to traditional solar panels
Solar plus products are the technologies that enhances, redefines or extends the solar experience for home and business owners who uses any kind of solar module. These technologies can include solar screens, tinted windows and batteries. As more and more people switch to solar, solar plus products will only improve and become more widely available.
A report by the International Renewable Energy Agency found that there is a total of 9.8 million people employed in the renewable energy sector around the globe. The number is only expected to increase as governments around the world are creating bigger and better incentives for people to invest in clean tech.
The United States’ importation tax on foreign solar panels and China’s decreased solar demand (due to enforced installation caps and feed-in-tariffs) will most likely cause a surplus in supply and therefore a drop in solar pricing worldwide. This dip in the costs of solar will likely force competition prices to fall as well. The price of solar is expected to decrease by 10-15 percent in 2019 according to Bloomberg New Energy Finance (BNEF).
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