Building a world of
resilient communities.

MAIN LIST

 

World Solar Industry Growth Jumped 70 Pct In 2004

NEW YORK - Solar electricity production growth jumped 67 percent last year as established industry players increased output and new players entered the industry, a survey said.

Last year, world solar cell production reached 1,256 megawatts (MW) or about enough to power more than 1.2 million average American homes during daytime.

That was a 67 percent increase over the 750 MW produced in 2003, according to PHOTON International, a German magazine.

"In Japan they're making solar cells because of high electricity prices. Solar panels are selling like hot cakes there," said Colin Murchie, director of legislative affairs at Solar Energy Industries Association in Washington, D.C.

"Germany is boosting output because they want to meet Kyoto Protocol goals," said Murchie. Under the international pact that went into force earlier this year most industrialized nations, excluding the United States and Australia which did not sign the pact, must reduce emissions of greenhouse gases. Utilities and cars mostly produce such gases.

In 2002 the world solar market increased 40 percent.

REUTERS NEWS SERVICE

Editorial Notes: Very impressive growth figures. Unfortunately, this still represents less that 0.01% of world energy demand. -AF

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Find out more about Community Resilience. See our COMMUNITIES page
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.

 

This is a community site and the discussion is moderated. The rules in brief: no personal abuse and no climate denial. Complete Guidelines.


Peak Oil Notes - May 22

A midweek roundup. After a five-session losing streak, oil prices reversed …

Review: Afterburn by Richard Heinberg

Heinberg, who has few peers in the art of distilling complex messages down …

The IMF Tells a Half-Truth

On May 18 the International Monetary Fund (IMF) published a report titled …

Renewable Energy: Is That Where Salvation Lies?

It’s common to read on blogs dealing with global warming that the only …

US Crude Oil Consumption Peaked a Decade Ago

Electric vehicles (EVs) are already cheaper to run than internal combustion …

Peak Oil Review - May 18

A weekly review including: Oil and the Global Economy, The Middle East …

Peak Oil: A Graphic Story

 The story of peak oil presented as a graphic novel.