Comments on: In downturn, solar industry sees bright days ahead
Because the numbers on solar energy investments are looking better and comparatively safer, the business predicts rapid growth despite the economic crisis.
Because the numbers on solar energy investments are looking better and comparatively safer, the business predicts rapid growth despite the economic crisis.
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Also, last I checked, many solar companies have a standing backlog of orders; it's not just the start-ups in there, y'know. :)
BTW: The company I'm working with is opening their solar cell producing plant today. It'll be the largest one in the Western Hemisphere by the time we reach full capacity next year... and there's zero problems with cash flow. It's an excellent time to be in the industry, economy crisis or no.
/P
I see zero problems with projects like this (the state pays for it, the scope is limited to the state, the results generate a ton of local jobs, etc), and they almost always pay for themselves multiple times over.
Why not larger arrays? I agree - I don't see why governments can't start drawing up plans for even larger farms out in, say, Nevada, North/South Dakota, New Mexico and Arizona, etc.
Nevada would be a great start - the US Air Force (or rather, the US gov't) already owns a very substantial portion of the state anyway.
- by Penguinisto October 20, 2008 2:16 PM PDT
- Actually (@ masonx), that's not entirely true. Every time OPEC or a member thereof gets mouthy, folks start looking towards energy sources that won't rocket up to a confiscatory price. Every time some news report comes out blaring and scaring over global warming, folks start looking for energy sources that won't belch out gas as part of its operation.
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