NewEnergyNews More: THE INEVITABILITY OF SOLAR

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  • Tuesday, June 30, 2015

    THE INEVITABILITY OF SOLAR

    The Solar Energy Revolution: Past the Point of No Return; Solar energy is now so cheap that it's beating fossil fuels, putting it on a path for growth that can't be stopped.

    Travis Hoium, June 27, 2015 (Motley Fool)

    “…[In 2011, the SunShot Initiative’s goal of $1-per-watt solar energy seemed a long way off]… First Solar's CEO Jim Hughes said that $1 per watt is…less than two years away…The government's progress toward achieving $1 per watt by 2017 and having it be a widespread commercial reality by 2020 is well ahead of schedule…Whether you invest in tech, retail, oil and gas, utilities, coal, or any other industry, this will affect the companies you own. And you're going to want the solar boom to be a tailwind, not a headwind…First Solar says that bids for solar projects are now in the $0.04-to-$0.05-per-kWh range, which is less than you can build a fossil fuel plant for, no matter the source of energy…” click here for more

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