21 Jul '11, 8pm

6 Reasons Why The Future of Solar is Looking Bright

6 Reasons Why The Future of Solar is Looking Bright

6 Reasons Why The Future of Solar is Looking Bright Thursday, 21 July 2011 POCO Solar Energy Tweet The world has barely scratched the surface of the potential for solar energy, and with technological advances emerging so rapidly, the industry is evolving at an incredible pace. Here are just a few reasons why solar energy is on the verge of exploding. 1. Solar panel prices are rapidly decreasing The biggest detriment to solar power in the past was that it was too expensive to be practical – coal power was almost 90 percent cheaper. But because the price of solar panels has decreased so dramatically – some estimate as much as 30 percent in just the last few months – projects that were borderline from an economic standpoint are becoming quite feasible. 2. Efficiency is improving The term “solar efficiency” is defined as the measure of power produced versus the sun’s energy th...

Full article: http://www.solarfeeds.com/poco-solar-energy/17653-6-reaso...

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