Rizal Philippines | December 9, 2014
From Reneweconomy
Solar costs are expected to drop down to 4 cents a kwh (currently at about 12) in the coming decade as IEA predicts sun to be the leading source of energy by 2050 and expects the investments in solar to double.
Rooftop solar panel (we intend to finance many of those installations locally contact Isah +632-651-4201 or at majorem.lending@gmail.com are unbeatable as #distributednenergy source
If the IEA figures are right solar share of power gen will reach 16% of world's total up from 11% of current share and will require about $44 trillion in investments, but save $114 trillion in fossil fuel costs, and save on CO2 emissions. Most of these will be coming from China and India.
Solar thermal is lagging behind because of lack of appreciation of its capacity, ie ability to generate power at night, and lack of dispatchability (fixed cap ex)
Paolo Frank the IEA expert on solar most of the solar will be installed in buildings, rooftops, parking lots, and more than half will be for business.
Why invest in Solar? (in India) slideshare presentation)
Solar presentation from Slideshare
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