The fact is that today solar power is still more expensive than electricity from the grid, but concentrator technology has the potential to change this. Indeed, if manufacturers can meet the challenges of ramping up production and selling, distributing, and installing the systems, their prices could easily meet prices for electricity from the grid, says solar-industry analyst Michael Rogol, managing director of Photon Consulting, in Aachen, Germany.But, thanks to advances in solar cells, which absorb light and convert it into electricity, and the mirror- or lens-based concentrator systems that focus light on them. The technology could soon make solar power as cheap as electricity from the grid. Please read full story here...
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Photo: (Credit: The Boeing Company)
Photo: (Credit: The Boeing Company)
