Lower wind and solar prices to usher speedier adoption

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Lower wind and solar prices to usher speedier adoption

Post by Guest on Mon Feb 21, 2011 4:54 pm

Lower wind and solar prices to usher speedier adoption



Rapid recent solar and wind price falls are likely to bring new markets and mass adoption a step closer over the next decade and raise the prospects of mergers.

The financial crisis coupled with a ramp-up in China, which now leads the world wind and solar manufacturing, have led to over-capacity and pressured prices in the past three years.

Natural gas is the main fossil fuel rival and still wins on price after U.S. shale gas finds created a global glut.

Source: Lower wind and solar prices to usher speedier adoption

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