4.4 • 1.4K Ratings
🗓️ 6 September 2024
⏱️ 15 minutes
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0:00.0 | O. C.I. is the single platform for your infrastructure, database, application development, and AI needs. |
0:06.0 | Do more and spend less like Uber 8 by 8 and Databrics Mosaic. |
0:11.0 | Take a free test drive of OCI at oracle.com |
0:14.4 | slash Wall Street. If you look up at your neighbor's rooftops you might see |
0:21.9 | some solar panels soaking up the sun. |
0:24.8 | The sheer amount of electricity that can be produced by residential solar power arrays across |
0:29.2 | the US has surged over the last 14 years. |
0:32.8 | From 667 megawatts of installed capacity on rooftops in 2010 |
0:37.6 | to more than 37,000 megawatts midway through 2024, |
0:41.5 | according to the Solar Energy Industries Association, a trade group. |
0:44.8 | Last year, more money went into solar than into all other sources of energy generation |
0:52.2 | combined. If you look at what's called |
0:54.5 | utility solar, which is the biggest solar farms that feed utilities and the grid, that's |
1:01.0 | booming as well. But at the same time, reporter Fred DeVorax says distributed |
1:06.0 | power generation, like lots of small rooftop solar arrays providing power where it's needed, |
1:11.5 | is taking the backseat to more traditional energy models where large solar power plants transmit energy |
1:14.1 | models where large solar power plants transmit energy to |
1:17.3 | utilities, sometimes over long distances. |
1:21.0 | Add in high interest rates and rising costs for financing and labor and home solar is now |
1:26.0 | slumping. |
1:27.0 | It just makes it harder to recover your costs on any solar installations and it makes it a lot less attractive |
1:36.1 | for homeowners who are thinking of putting up solar. |
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