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The 10th Annual Solar Photovoltaic conference is being held in China this weekend.
Many of us may not know what this kind of power is, but it seems to be emerging as a key player to reducing energy costs and developing a renewable source of energy.
The cost of Photovoltaic power generation is reducing by 6% -7% every year.
The world grid and photovoltaic power generation market share is now more than 90
percent。Photovoltaic power generation is advancing in the role of alternative sources
of energy. In 2008, China's photovoltaic industry continues rapid development. Solar
cell / module production will account for over 25% of world production, becoming the
third largest producer next to Japan and Europe;Solar photovoltaic industry in China,
with solar cell/components as the leading products, is leading the whole industry chain
to develop in a balanced and harmonious way. China has formed a scale, specialized
and internationalized photovoltaic industrial groups of a high level. The 10th China Solar
pvConference and Exhibition on China's photovoltaic technology and industrial
development will be a great review and promotion of exchange of experiences of very
important significance.Jiangsu Province is one of China's leading bases of photovoltaic
industries. Changzhou City, which is well known as beautiful natural scenery and rich
cultural heritage, has a history of industry development and its photovoltaic industry is
booming in these years.
Due to the growing need for solar energy, the manufacture of solar cells and photovoltaic arrays has expanded dramatically in recent years. [1] [2] [3] Photovoltaic production has been doubling every two years, increasing by an average of 48 percent each year since 2002, making it the world’s fastest-growing energy technology. At the end of 2007, according to preliminary data, cumulative global production was 12,400 megawatts. [4] Roughly 90% of this generating capacity consists of grid-tied electrical systems. Such installations may be ground-mounted (and sometimes integrated with farming and grazing) [5] or built into the roof or walls of a building, known as Building Integrated Photovoltaic or BIPV for short.[6] Financial incentives, such as preferential feed-in tariffs for solar-generated electricity, and net metering, have supported solar PV installations in many countries including Germany, Japan, and the United States.[7]
Most RecentMost Recommended Comments (3)
at 21:26 on September 27th, 2008
amyjudd, I like this story. It's good stuff.
http://www.nowpublic.com/environment/solar-power-costs-sliced
There is a lot of good news out there and Innovation that make me almost want to redo our Solar system all together. However since it is now running and working well, I rather diversify to another energy source like wind and Geo thermal, just in case the US Army decides to use some nukes and gives us a year of darkness around the earth. Well, lets hope that last part remains Hypothetical.
at 22:12 on September 27th, 2008
If we could have individual house holds benefit from the Carbon credit system as it is to some extend possible in Europe then more people could afford converting right now.
at 13:00 on September 28th, 2008
amyjudd, I like this story. It's good stuff. Solar expo china, the chinese solar companies have been the lucky ones to draw the last $450 million from the market before subprime crisis. I should have been there, did not make it this year. Thanks for bringing this world class event to our attention. May sound strange, but China soon No 2 or 3 in solar photovoltaic production (see $450 million investment).