Solar Power's Decade of Falling Costs Is Thrown into Reverse(bloomberg.com) |
Solar Power's Decade of Falling Costs Is Thrown into Reverse(bloomberg.com) |
Silicon is actually the least expensive part of a solar project. Installation plus the other parts are the real costs, easily over 50%. I hope more efficiency is brought to that part of solar power installations.
Short term it's a problem. Long term I think it's a plus.
High energy prices encourage industry wide stagnation.