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The Global Solar Energy market will grow from around $39.6 billion in 2011 to $75.2 billion in 2016 with a compound annual growth rate of 13.7% during the same period.
According to a new market research report, “Solar Power Market by PV, CSP Technologies by Installations, Price, Cost, Trade Trends & Global Forecasts (2011 – 2016)”, published by MarketsandMarkets, global solar energy market will grow from around $39.6 billion in 2011 to $75.2 billion in 2016 with a compound annual growth rate of 13.7% during the same period.
The global shale gas production is expected to grow from 4,130 billion cubic feet in 2011 to 6,991 billion cubic feet in 2021 at a CAGR of 5.4% for the same period.
A study of 80 percent of all mortgage loans in this country revealed that the mortgage lending industry generated $13 billion in loans containing fraudulent information in 2012; a $1 billion increase over 2011. These numbers threaten the integrity of countless pending and existing loans, and making thorough mortgage fraud review more important than ever.
Passive solar architecture has been a significant criterion of achieving zero energy since 1979. Obviously there will be vast long-period benefits in the growth and development of inexhaustible, economical, and clean solar energy technologies, as the International Energy Agency said in 2011. The significance of the subject is related to global advantages and goals such as reducing pollution, developing sustainability, keeping fossil fuel prices low, increasing energy security, and increasing reliance on an in exhaustible and indigenous resource. Passive solar design generally means using sunlight and convert it into usable energy for heating (air, water, thermal mass), which leads to air-movement for ventilation or future use with only a little use of other energy sources. And on the other hand we have passive cooling which reduces summer cooling requirements using the same solar design principles.