Tuesday, October 25, 2011

SMART ENERGY NEWS | "Solar Panel Prices Have Plunged by Two-Thirds Since 2008 . . ."

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Solar power is beginning to go mainstream

By JONATHAN FAHEY
Bloomberg BusinessWeek
10-23-11

     NEW YORK-Solar energy may finally get its day in the sun.

The high costs that for years made it impractical as a mainstream source of energy are plummeting. Real estate companies are racing to install solar panels on office buildings. Utilities are erecting large solar panel "farms" near big cities and in desolate deserts. And creative financing plans are making solar more realistic than ever for homes.

Solar power installations doubled in the United States last year and are expected to double again this year. More solar energy is being planned than any other power source, including nuclear, coal, natural gas and wind.

"We are at the beginning of a turning point," . . ..

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