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Posted Mon Nov 30 2009: from BBC (UK):
Solar panel costs 'set to fall' in near future http://apocadocs.com/s.pl?1259596957
The cost of installing and owning solar panels will fall even faster than expected according to new research. Their tests show that 90 percent of existing solar panels last for 30 years, instead of the predicted 20 years. According to the independent EU Energy Institute, this brings down the lifetime cost. The institute says the panels are such a good long-term investment that banks should offer mortgages on them like they do on homes.... Heinz Ossenbrink, who works at the institute, said China had underpinned its solar industry with a big solar domestic programme which would keep prices falling. There are large-scale solar plans in the US and India too.
[Read more stories about: efficiency increase, smart policy, renewable energy]
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'Doc Michael says:
Solar default swaps, anyone?

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