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Solar power – the primordial energy source

A sunny forecast for solar energy, Jordan Directions, 26 December 2011 At the European Future Energy Forum (EFEF) held in October this year, participants were reminded once again about the need for collaboration, innovation and knowledge transfer between countries, companies and governments, in shaping the future of renewable energy in the world. Renewable energy technology safeguards environment, bolsters energy security and drives economic development globally.

“Solar power is one of the primordial energy sources. I could be biased, but to me there is no other energy source that feels so naturally right for harnessing: with each sunrise our planet has the potential capacity to sustainably recharge its energy grids across the
world,” says Jerry Stokes, president of Suntech Europe.

Today, thanks to Masdar, Abu Dhabi is a hothouse for innovation in solar and all sectors of renewable energy, innovation that is making its way to the world and leads to greater energy security and a cleaner environment…….According to the European Photovoltaic Industry
Association, (EPIA), the cumulative global installed PV capacity stood
at almost 16.5 GW at the end of 2010, compared to only 9 GW at the end
of 2007.

(Germany ranked first followed by Italy and Spain in terms of cumulative installed solar electric power capacity). Though there’s uncertainty surrounding the incentivising of the renewable market, in the current global economic climate (with feed-in tariffs that guaranteed above-market power prices for the life of a PV installation being slashed across Europe, including in Germany and Italy), the fact that more countries are adopting renewable energy standards and planning to build solar plants has analysts and fund managers feeling
more confident about the industry and bullish on solar in particular, because the market is no longer dominated by two or three players.
Read more http://www.albawaba.com/sunny-forecast-solar-energy-406658
http://www.jordandirections.com/2011122648655/business/a-sunny-forecast-for-solar-energy

December 27, 2011 - Posted by Christina Macpherson | general