Solar power is leading the clean energy sector toward a tipping point. It's a brand new age for renewable energy. Gone are the days of requisite private investment for progress and innovation.
Because it's all about grid parity now - the point at which the cost of generating renewable energy suddenly becomes equal to its peers.
Which means the money is about to flood in. Here's what to expect...
Solar power is leading the clean energy sector toward a tipping point. It's a brand new age for renewable energy. Gone are the days of requisite private investment for progress and innovation.
Because it's all about grid parity now - the point at which the cost of generating renewable energy suddenly becomes equal to its peers.
Which means the money is about to flood in. Here's what to expect...
The great stumbling block for solar power has always been storage. Conventional batteries, even the most high-tech ones, are inefficient, expensive, and don't last more than a few years.
But this week, researchers announced a breakthrough battery that's 20% more efficient and 25% cheaper than anything else on the market.
It’s the game changer that could finally make solar energy competitive…
Besides its environmental advantages, solar power has always had one great benefit: It's hyper local. Solar panels make it possible to generate electricity on-site, precisely where it's needed. Like a portable generator powered by the sun, solar energy promises power wherever the sun shines.
Solar power has three major benefits: It's renewable, it's great for the environment, and it can be produced right here at home.
There has always been one big problem with solar, however - the price. For years now, its high cost has always been the biggest weapon in every critic's arsenal.
But a study released last week suggests this objection is about to fall by the wayside for good.
Here's what it means for the energy sector, and for investors.
