Solar Power Is Dirt-Cheap and About to Get Even More Powerfu

Solar Power Is Dirt-Cheap and About to Get Even More Powerful


Solar Power Is Dirt-Cheap and About to Get Even More Powerful
Article content
(Bloomberg) — The solar industry has spent decades slashing the cost of generating electricity direct from the sun. Now it’s focusing on making panels even more powerful.
With savings in equipment manufacturing hitting a plateau, and more recently pressured by rising prices of raw materials, producers are stepping up work on advances in technology — building better components and employing increasingly sophisticated designs to generate more electricity from the same-sized solar farms. 
Advertisement
Article content
“The first 20 years in the 21st century saw huge reductions in module prices, but the speed of the reduction started to level off noticeably in the past two years,” said Xiaojing Sun, global solar research leader at Wood Mackenzie Ltd. “Fortunately, new technologies will create further cost-of-electricity reductions.”

Related Keywords

China , South Korea , Toronto , Ontario , Canada , Chinese , Korea , Kim Dohyung , Wood Mackenzie Sun , Dan Murtaugh , Xiaojing Sun , Korea Electric Power Corp , Bloomberg , Wood Mackenzie Ltd , Wuxi Utmolight Technology Co , Postmedia Network Inc , Risen Energy Co , Wood Mackenzie , Jenny Chase , China Based Risen Energy , Wuxi Utmolight Technology , Postmedia Network , Street East , சீனா , தெற்கு கொரியா , டொராண்டோ , ஆஂடேரியொ , கனடா , சீன , கொரியா , மரம் மெக்கன்சி சூரியன் , டான் மூர்தௌஉக் , கொரியா மின்சார பவர் கார்ப் , ப்ளூம்பெர்க் , மரம் மெக்கன்சி லிமிடெட் , உயர்ந்தது ஆற்றல் இணை , மரம் மெக்கன்சி , ஜென்னி துரத்து , தெரு கிழக்கு ,

© 2025 Vimarsana