Solar Power Update Dec. 17, 2008

December 17, 2008 at 8:46 am Leave a comment

The news from the economy and the green section especially is dreary.  There are news stories all over the web about businesses shutting down, restructuring and otherwise cutting back.  The solar power industry is no exception.

This is especially concerning when the news from the industry is all about the coming gut of supply of solar panels for 2009.  While the articles on Treehugger.com (http://www.treehugger.com/files/2008/12/solar-panel-glut-2009-could-benefit-consumers.php) and Sustainablebusiness.com (http://www.sustainablebusiness.com/index.cfm/go/news.display/id/17300) talk about how this will be good for consumers as the prices should fall.

Both only give the barest mention to the other possibility that this glut along with current market conditions could cause companies to severly cut back or out right fail setting the industry back years.  This does not even take into account the oversees investment like the one I previously mentioned in Dubai that will probably never see the light of day.

I have been looking everyday for the stories about plants not being built because the financing backed out. I haven’t seen very many yet but I am sure in the coming days there will be more unless we continue to see the unequivocal support for green industries from the new administration.

On a more positive note the existing utilities are going ahead with their plans to rent rooftops and install increasingly more and larger solar power arrays to augment thier generating capacity. A story on Ecogeek.org (http://www.ecogeek.org/content/view/2383/) is the latest example.

Excerpt: ” Would you be willing to rent your roof? That’s just what Duke Energy will be asking people in North Carolina to do over the next couple of years. The utility is planning to rent space at 425 sites across the state to start generating solar power by 2010

As always I thank you for your time and interest. Please take the time to Digg, Stumble Upon or add to the other social network of your choice to help me spread the word about these issues. Please forward any questions or suggestions to: askthefm@gmail.com

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Entry filed under: Solar Power. Tags: , .

New Lighting Technology – December 13, 2008 New Building Technology – Dec. 17, 2008

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