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A Price Drop for Solar Panels |
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Thursday, 01 May 2008 |
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There is about to be a drop in the price of solar electricity according to industry insiders. This is so because there is no longer a shortage of the silicon used to make solar panels. That could lead to a sharp drop in prices over the next couple of years, making solar electricity comparable to power from the grid. Over the past few years, prices for solar power have been higher than average electricity prices because of the high demand generated by government subsidies worldwide and a shortage of processed silicon. Solar power is more than three times the cost of electricity from conventional sources, according to figures from the industry tracking firm Solarbuzz. Solar power cost about US$4 a watt at the turnof the century, but silicon shortages, which began in 2005, have pushed up prices to more than US$4.80 per watt, according to Solarbuzz.
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Off-the-grid housing-RuralZed |
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Saturday, 26 April 2008 |
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Dependence on fossil fuels is the topic of debates the world over as oil prices continue to rise. Alternative means of fuel are being investigated and developed in an effort to reduce this dependency, which, according to some estimates, sees oil falling below the level required to meet international demand somewhere between 2010 and 2020.
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