TITLE

SOLAR HITS BOOM TIME, BUT WHERE HAVE ALL THE PANELS GONE?

PUB. DATE
July 2005
SOURCE
In Business;Jul/Aug2005, Vol. 27 Issue 4, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that with a growing demand for solar power in the U.S., there are major back orders for photvoltaic panels due to a weak dollar and raw material shortages. Solar manufacturers say that the solar market has grown roughly 40 percent annually in the last five years, helped a lot by rising demand in Germany. California along with other states like New York, New Jersey and Connecticut provides subsidies to solar power users. California has also passed a bill that would put solar power in half of new homes within 13 years. The recently passed U.S. energy bill provides installation incentives for solar power. But it's still a wait-and-see time for solar installation companies. At the end of 2004, Japan was estimated to have the greatest total solar power at 1,100 megawatts, followed by Germany with 790 megawatts and the U.S. with 300 megawatts.
ACCESSION #
18058342

 

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