Solar Is Ready Now And Getting Better
Solar Power Is Ready to Dominate Energy Thanks to New Tech
Peter Diamandis, May 9, 2016 (Singularity HUB)
“In the next 20 years, between 50 percent to 100 percent of the world's energy production could come from solar…[Though fossil fuels supplied 67% of U.S. electricity in 2015, we] are on the cusp of a solar revolution where the cost of solar cells will plummet, efficiency will rise dramatically, and the incentives for widespread adoption will become compelling...[T]he most widely used form of solar energy has come from a material called silicon…[The price fell from $300/watt in 1956 to as low as 2015’s] $3 per watt…[The market is expected to grow at 30% annually, with solar getting from 2015’s 0.4% of global electricity to 5.5% in 2025 and 50% in 2030. But with an extraordinarily exciting new material called perovskite that is both cheaper and more efficient, the market could grow even faster]…” click here for more
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