Small-Scale Solar Panel Installations Soar Through Subsidies, While Solar Cell Costs Plummet, Business and Industry Trends Analysis

What could be more appealing than generating electricity from sunshine?  Ever since scientists at the famed Bell Laboratories first demonstrated a solar cell based on silicon in 1954, solar power has been seen as one of the most desirable, if technically challenging, means of creating electricity or heat.  Solar power accounted for about 1,246 trillion BTUs (British thermal units), or 1% of all energy (of all types) consumed in the U.S. during 2020, up from 1,042 trillion BTUs during 2019, according to the U.S. Department of Energy.  Installed solar power capacity on a global basis rose from only 0.39 gigawatts…

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