Alex Vasili
Writer interested in Eco and Green issues around the world.
Sustainable Development. Clean Technology Investors Focus On Drilling. NEW YORK (AP) — A decade ago, large investors in so-called clean technology had a straightforward goal: finance companies that would help eliminate the world's dependence on oil, natural gas and coal.
But as profits from wind, solar, biofuels and other alternatives consistently fell short of expectations — and as the fossil fuel business boomed — things got complicated. Venture capitalists and other investment funds started stretching the definition of clean technology almost beyond recognition in an effort to make money while clinging to their environmental ideals. Solar Panel Prices Set to Drop. RENEWABLE energy experts predict the cost of solar panels will drop a quarter by 2017.
A key component of solar PV panels is crystalline-silicon and the Chinese manufactured product is likely to drop from 50 cents per watt in the fourth quarter of 2012 to 36 cents per watt by the end of 2017, according to a new report from GTM Research. Manufacturers who use this Chinese crystalline-silicon include Jinko Solar, Renesola, Trina Solar and Yingli Green Energy and so all their products are likely to be affected. A spokesperson from the www.theecoexperts.co.uk said: “Obviously there has been a lot of news coverage surrounding Chinese manufactured solar panels at the moment, but this mustn't distract from the fact that new technology cutting the price of solar panels is fantastic news. “If the price of solar panels continues to drop this is great news for the environment, the homeowner and the industry.”
The History of Solar Energy. Eco Geek. Eco Friendly Companies. Energy. Green Energy.