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June 13, 2005
Solar
C|Net's running an article from TheDeal.com on venture capitalists investing in companies working in solar energy. According to one analyst, solar power costs are coming down 18% with each doubling in power output, whereas natural gas costs are increasing at about the same order of magnitude. They say solar energy, currently about $6-7 per watt, needs to drop to $1 per watt for the industry to take off.
Wouldn't it be great if the cost of solar power dropped so low it ended up being priced more cheaply than fossil fuels?
Posted by Mark at June 13, 2005 09:01 PM