Amazon Green

Wednesday 13 April 2011

Solar Costs May Already Rival Coal, Spurring Boom in Panel Installations

"Solar panel installations may surge in the next two years as the cost of generating electricity from the sun rivals coal-fueled plants, industry executives and analysts said.

Large photovoltaic projects will cost $1.45 a watt to build by 2020, half the current price, Bloomberg New Energy Finance estimated today. The London-based research company says solar is viable against fossil fuels on the electric grid in the most sunny regions such as the Middle East"


(Source: http://www.bloomberg.com/news/2011-04-05/solar-energy-costs-may-already-rival-coal-spurring-installation-boom.html)

1 comment:

  1. I agreed that solar is very important in future.Its nice.I like this site.You can read simple explanation about Solar power, and Pros & Cons of Solar Power.
    solar future

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