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Tips to Give Bounce to Solar Market
By siliconindia
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2 Comments
Fremont: The renewal energy market saw a tremendous rise in the investment, nearly a third to $211 billion in 2010 as compared to $160 billion in 2009. With China being the major leader in investment in this sector with an investment of $48.9 billion that showed a rise of 28 percent in 2010, other countries also showed an emerging sign of increase in this sector. This shows that renewal energy holds a tremendous scope of improvement in the coming years.
But, solar market has not shown a tremendous support towards this growth. Here is a list of trends that can give bounce to solar market.
Make it Affordable
To make solar energy penetrate into consumer's requirement list, it has to be made affordable for them to purchase. The cost of solar sources should be made cheaper than the conventional sources of energy like coal and natural gas, and this can help speed up solar energy deployment.
