NewEnergyNews More: SEEING ALL OF SOLAR

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  • Tuesday, October 13, 2009

    SEEING ALL OF SOLAR

    Evaluating the potential of solar technologies; Solar power is poised to grow into a reliable alternative energy source, promising lower carbon emissions and decreased dependence on fossil fuels. What technologies are currently jostling for leadership in the market?
    September 2009 (McKinsey Quarterly)

    "Solar power is gaining ground as a viable, low-carbon alternative to traditional energy sources. A number of technologies are competing to be the lowest-cost and the most efficient choice…"

    click to enlarge

    "…[P]hotovoltaics (including silicon-wafer based and thin film) and concentrated solar thermal (CST) power both have advantages and disadvantages depending on the application; other technologies are still in the nascent stages of development. The economics of the solar-power market will likely improve…benefiting from ongoing innovations and cost reductions."

    click to enlarge

    "The future course of the solar market will depend greatly on which technologies take center stage. This [Mckinsey] interactive offers a look at the different players and an assessment of their prospects."

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