Solar Energy Breakthrough Could Cut Costs By More Than 50%

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|"A US-based company has successfully tested a revolutionary solar panel, that is expected to cut the costs of photovoltaic solar power generation by more than 50 per cent, and herald a new era of improved efficiency and lower production costs of solar energy globally.

The patented SCPs have already been chosen for a $200 million-plus solar energy generation plant project in New Mexico City. The company hopes that the second phase of the project, scheduled to go ‘live’ in December 2009, will have great implications for the Gulf region and Middle East energy requirements."

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