Sunday, April 22, 2012

Solar energy technology is now more cost-effective


Solar energy technology is now more cost-effective

april 22, 2012

The German company produces both solar thermal and photovoltaic solar power panels but is concentrating on marketing thermal solar in the United States.
Solar energy technology is now more cost-effective
In the mid-1970s, at the height of the Middle East oil crisis, the nation’s leaders promised a solar power revolution that would ease the United States’ dependence on foreign oil and offer the hope of a cheap, endless supply of energy.

The solar revolution, of course, fizzled after the crisis ended and oil became relatively cheap and plentiful.

But some forty years later, experts say some of those early promises are actually bearing fruit because of improved technology and lower costs of the systems.

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