NewEnergyNews: WHY 10 BILLIONAIRES AND CHINA MAKE SOLAR UNSTOPPABLE

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    Friday, February 19, 2016

    WHY 10 BILLIONAIRES AND CHINA MAKE SOLAR UNSTOPPABLE

    This Proves Why Solar Energy Is an Unstoppable Megatrend

    John Persinos, February 17, 2016 (Investing Daily)

    “…[The solar] industry is poised for a long-term boom that should generate market-thumping gains for decades…10 billionaires have rushed to invest massive sums in renewable energy technologies such as solar. Warren Buffett, George Soros, Bill Gates, and their super-wealthy peers can hardly be considered as naïve and utopian…[T]he infrastructure for the solar industry is now pervasive and entrenched, leading to a ‘price decoupling’ of solar and fossil fuels. Solar and other renewable energies are now part of the energy status quo…[The Gartner Hype Cycle represents] the maturity, adoption and social application of specific technologies…[It] describes five crucial phases of a technology’s life cycle...1) Technology Trigger…2) Peak of Inflated Expectations…3) Trough of Disillusionment…4) Slope of Enlightenment…5) Plateau of Productivity…[Solar] is now approaching a ‘plateau of productivity’ for sustainable, long-term growth…[China’s National Energy Administration recently announced] the country’s goal is to increase solar-power capacity fourfold by 2020…” click here for more

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