Solar Power Is Fastest Grower

The Earth Policy Institute of Washington, DC has released a study that finds that production of photovoltaic cells for solar panels has doubled every two years.

This means that solar power is the world's fastest growing energy source. In 2007, solar energy panels generated 3,800 megawatts of energy worldwide. Thats a 50% increase over 2006.

This growth is not isolated to the United States. Many nations around the world are adopting solar energy for use in residential and nonresidential settings. The experts at the Earth Policy Institute expect that by 2010, solar power will be priced at the same rate as coal.

I read recently about solar panels produced in the U.S. that are printed on aluminum foil which reduced the price of manufacturing these new panels to almost the same cost of obtaining coal for energy. You can read that story HERE.

If you are interested in installing solar panels on your home click HERE.