Solar cells getting better and cheaper fast as oil prices soar, soon it will cost as much to get electricity from the sun as from the grid, and distributed small scale generation is the way ahead.
- Dr. Mae-Wan Ho
ISIS - Institute of Science in Society
31 July 2008
Solar tops the world’s new renewable energies
As oil prices soar, solar power has been undergoing a boom, along with other renewable energies, which attracted more than US$100 billion investment last year in new power and heating capacity, manufacturing plants, research and development. Investment in solar power capacity and manufacture amounted to US$31.3 billion, while US$33. 4 billion was invested in wind.