LONDON (Reuters) – Solar power could be the world’s number one electricity source by the end of the century, but until now its role has been negligible as producers wait for price parity with fossil fuels, industry leaders say.
Once the choice only of idealists who put the environment before economics, production of solar panels will double both next year and in 2009, according to U.S. investment bank Jefferies Group Inc, driven by government support especially in Germany and Japan.
Solar power edges towards boom time | U.S. | Reuters
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I wonder how much the high cost of oil and natural gas has impacted these decisions, especially among the manufacturers who are willing to invest in what they foresee as future markets.