Msg. 39584 of 45651 (This msg. is a reply to
39577 by
capt_nemo)
Jump:
re: "Solar installers built 1,855 megawatts of photovoltaic projects in 2011 for a total of $8.4 billion"
All subsidized by taxpayers. All costing more in both dollars and energy to manufacture than the energy they will produce.
There are very few "GREEN" solutions that come at all close to making economic sense, and there are very few people who are in a position to take advantage of them.
If I lived in the middle of death valley, for instance, my solar panels might eventually pay for themselves. Same for wind power, if I lived on a beach. But then some eco-freak would probably pitch a fit over dead seagulls or the harm my wind turbines had done to the scenery. The bottom line? We'll be dependent upon fossil fuels for a long time to come.
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
- - - - - The above is a reply to the following message:
Solar power growth jumps to new record,,,,,,,,,,, so why are solar companies dropping like flys??? OH wait
By: capt_nemo in
ROUND Wed, 14 Mar 12 9:02 AM
I guess the dropped ones have gumpie involvement.......
y Matt Daily
(Reuters) - The national solar industry installed a record number of panels in 2011, more than double 2010, and is likely to see strong growth again this year, according to a new report.
Solar installers built 1,855 megawatts of photovoltaic projects in 2011 for a total of $8.4 billion, up from 887 MW in 2010, according to a report released by GTM Research and the Solar Energy Industries Association (SEIA).
The growth in U.S. demand comes as the makers of the panels that turn light into electricity have struggled to earn profits amid a glut of supplies on the global market that eroded margins.
The WilderHill Clean Energy Index , which includes shares of industry heavyweights First Solar (NSQ:FSLR - News), Suntech Power Holdings (NYS:STP - News), Yingli Green Energy (NYS:YGE - News) and Trina Solar , tumbled 49 percent in 2011. So far this year it has rebounded about 12 percent.
A record level of fourth quarter installations totaling
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