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!  

Make connections via our GROUPS page.
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.


Peak Oil Review - July 28

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

The Changing Face of World Oil Markets

My conclusion is that hundred-dollar oil is here to stay.

IEA Oil Market Forecast: Optimistic Assumptions And An Economy Unable To Grow Out Of Its Problems

The International Energy Authority does does its best to paint a rosy …

Energy Crunch: Global debate heats up

News that last month was the world’s hottest June on record provided …

Divest! - Then What?

Divestment is one of the great campaigns of our times.But the question then …

World Oil Production at 3/31/2014-Where are We Headed?

The standard way to make forecasts of almost anything is to look at recent …

Peak oil notes - July 24

A midweek update. New York crude futures have traded in a narrow range …