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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (39398)8/30/2008 7:20:06 AM
From: elmatador  Read Replies (3) | Respond to of 218007
 
"in 2004 Germany enormously increased subsidies for solar power, prompting a surge in demand.(looks like taking a page of Brazil book with 30 years delay). The supply of pure silicon, the main component of most solar cells, did not keep pace. Its price rose from $25 a kilogram in 2003 to as much as $250 this year, abruptly halting the downward march in the price of panels. If making energy from sunlight is ever to become as cheap as burning fossil fuels, the price of silicon will have to fall.

HSBC predicts that the solar industry will grow by 45% a year until 2012. Such searing expansion is bound to cause more growing pains.
economist.com