26 Apr '13, 9am

Solar: A New Way to Invest in the Future

Solar: A New Way to Invest in the Future

We’re living through an unprecedented solar boom. Since the late 1970s, the cost of solar cells has declined from upwards of $75 per watt to around 75 cents per watt today. These price declines have in turn driven an increase in demand for solar power. We installed about 17 times more solar capacity this decade than analysts expected. In 2012 alone, U.S. solar energy production increased by 500%. Emerging energy technologies like solar power are often decentralized. This is good for the health and resiliency of our communities, but bad for securing financing from traditional sources, such as banks, which prefer to put their capital in large energy projects. The result? Even if it makes sense for a property owner to put up a rooftop solar array, she often can’t secure capital at a low enough cost to make it happen. Talk to almost anyone in the solar industry today and they’...

Full article: http://www.triplepundit.com/2013/04/new-invest-future/

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