31 May '12, 4pm

In-Depth: Germany’s 22 GW Solar Energy Record

In-Depth: Germany’s 22 GW Solar Energy Record

The second huge development is what is happening in energy storage right now . Around the world, companies and even huge corporations are investing billions of dollars in research and factories. There is a sort of gold rush atmosphere with the big electronics and chemical corporations, as well as the car industry trying to claim parts of what will soon be a multi-billion-dollar market. This development is, at the moment, primarily aimed at providing the electric car with the power it needs to revolutionize transportation throughout the coming decades. But without a doubt, this development will also provide homeowners and municipal utilities with falling prices for energy storage solutions. The first products are already entering the market right now, especially in Japan where “smart houses” are promoted on all TV channels.

Full article: http://cleantechnica.com/2012/05/31/in-depth-germanys-22-...

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