renewable energy

Solar industry to soar in 2007 as consumers, cities seek renewable energy solutions

Friday, January 05, 2007 by: Ben Kage
Tags: solar power, renewable energy, green energy

eTrust Pro Certified

Most Viewed Articles
Popular on Facebook
BACK INTO THE CLOSET: Why U.S. reporters are not allowed to write about rainbow events in nations where being gay is still condemned
Depopulation test run? 75% of children who received vaccines in Mexican town now dead or hospitalized
A family destroyed: Six-month-old dies after clinic injects baby with 13 vaccines at once without mother's informed consent
INVESTIGATION: Three days before Dr. Bradstreet was found dead in a river, U.S. govt. agents raided his research facility to seize a breakthrough cancer treatment called GcMAF
BAM! Chipotle goes 100% non-GMO; flatly rejecting the biotech industry and its toxic food ingredients
BOMBSHELL: China and America already at war: Tianjin explosion carried out by Pentagon space weapon in retaliation for Yuan currency devaluation... Military helicopters now patrolling Beijing
ECONOMIC SLAVERY FOR ALL: While we were distracted with the Confederate flag flap, Congress quietly forfeited our entire economic future via fast-track trade authority
March Against Monsanto explodes globally... World citizens stage massive protests across 38 countries, 428 cities... mainstream media pretends it never happened
GMO crops totally banned in Russia... powerful nation blocks Monsanto's agricultural imperialism and mass poisoning of the population
SCOTUS same-sex marriage decision may have just legalized the concealed carry of loaded firearms across all 50 states, nullifying gun laws everywhere
Nearly every mass shooting in the last 20 years shares one surprising thing? and it's not guns
Vicious attack on Dr. Oz actually waged by biotech mafia; plot to destroy Oz launched after episode on glyphosate toxicity went viral
Holistic cancer treatment pioneer Dr. Nicholas Gonzalez dies suddenly; patients mourn the loss of a compassionate, innovative doctor who helped thousands heal from cancer
Pepsi drops aspartame from diet soda as consumers reject toxic sweetener
Bride of Frankenfood: Hillary Clinton pushes GMO agenda... hires Monsanto lobbyist... takes huge dollars from Monsanto
STATINS RED ALERT: Widely prescribed drugs act as cellular poisons that accelerate aging... deactivate DNA repair... promote diabetes, muscle fatigue and memory loss
Wild eyes and bowl cuts: Why do mass shooters always share the same hair styles and crazed zombie stares?
Mind control through emotional domination: How we're all being manipulated by the "crisis of the NOW"
(NaturalNews) Cost and efficiency issues have plagued solar technology's standing as a front-runner in the race for clean, renewable energy resources for years, and shortages of silicon have not helped matters. But recent jumps in fossil-fuel costs and improved solar technology have caused a recent surge in the industry's popularity.

Unprecedented support for the technology has cropped up in the United States, the world's biggest energy consumer, even at the government level. President Bush visited a United Solar Ovonics facility in Michigan in February and the United States Energy Policy Act of 2005 introduced a federal solar tax credit in 2005. In December, Congress set about giving the solar industry time to develop broader incentive plans by extending the solar tax credit for another year.

Rhone Resch, Solar Energy Industries Association president, said that the top priority for the industry this year was to get Congress to pass sweeping solar incentive programs. The goal, he said, was to help the American solar industry grow at the same rate as Germany's -- the world's leading solar market -- at 60 to 70 percent annually.

The United States is not the only country increasing the amount of time and money put into solar power. Israel recently tested the world's largest solar dish, and solar projects have been announced in Central America, Southeast Asia and parts of Africa. Frontrunner Germany is seeing a slowing in its solar industry growth, but German Federal Ministry of Economics and Technology consultant Michael Geissler said the photovoltaic market there would end up stable with small growth. Solar thermal technologies, Geissler said, would see major growth in Germany.

General growth in the industry has been boosted recently by important technological developments such as increased interest in ultra-thin photovoltaic nanomaterials and new records of efficiency using concentrators. Boeing's Spectrolab subsidiary announced in December that it had produced a photovoltaic concentrator able to pass the 40 percent efficiency mark.

Predictably, one of the biggest boons to the solar industry is the fact that it is becoming increasingly lucrative. Some publicly traded solar companies gained more than 100 percent on markets in 2005, and experts predict similar profits for 2006.

"Capacity and production are going up each year at (some solar companies)," said J. Peter Lynch, a financial consultant and an expert on the renewable energy industry. "And they're not going to catch up with demand any time soon."


Follow real-time breaking news headlines on
Solar power at
Join over four million monthly readers. Your privacy is protected. Unsubscribe at any time.
comments powered by Disqus
Take Action: Support by linking back to this article from your website

Permalink to this article:

Embed article link: (copy HTML code below):

Reprinting this article:
Non-commercial use OK, cite with clickable link.

Follow Natural News on Facebook, Twitter, Google Plus, and Pinterest

Colloidal Silver

Advertise with NaturalNews...

Support NaturalNews Sponsors:

Advertise with NaturalNews...


Sign up for the FREE Natural News Email Newsletter

Receive breaking news on GMOs, vaccines, fluoride, radiation protection, natural cures, food safety alerts and interviews with the world's top experts on natural health and more.

Join over 7 million monthly readers of, the internet's No. 1 natural health news site. (Source:

Your email address *

Please enter the code you see above*

No Thanks

Already have it and love it!

Natural News supports and helps fund these organizations:

* Required. Once you click submit, we will send you an email asking you to confirm your free registration. Your privacy is assured and your information is kept confidential. You may unsubscribe at anytime.