NewEnergyNews: WHY 10 BILLIONAIRES AND CHINA MAKE SOLAR UNSTOPPABLE

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    Founding Editor Herman K. Trabish

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  • The EV Future Is At Hand

    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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