Updated: 5/16/2006; 10:15:56 AM.

Ken Novak's Weblog
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daily link  Monday, June 17, 2002


Sales of Solar Cells Take Off: Solar cell production has averaged 35% annual growth for the last five years with 2002 on the same track.  2001 saw 375 MW built, for a total of 1800 MW installed. "More than a million homes worldwide, mainly in villages in developing countries, now get their electricity from solar cells.. Solar cells currently cost around $3.50 per watt for crystalline cells, and $2 per watt for thin-film wafers, which are less efficient but can be integrated into building materials. Industry analysts note that between 1976 and 2000, each doubling of cumulative production resulted in a price drop of 20 percent. "  35% annual growth translates to cumulative doubling every 2.5 years, or halving costs every 8 years.  4:26:56 PM  permalink  
enclosure

Power trading fiascos:  "Perot Systems Corp [allegedly] coached energy companies on how to manipulate the systems it helped build to run the state’s energy market" for California's ISO.   Also, the country is facing electricity oversupply:  "Now, according to a report by Standard & Poor’s, the industry is facing a supply glut in generation capacity that demand in some regions may not catch up to supply until sometime in 2009. "  12:38:38 AM  permalink  

 

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Copyright 2006 © Ken Novak.
Last update: 5/16/2006; 10:15:56 AM.