Wednesday, September 2, 2009

Growing number of families in China making use of solar energy

Rows of solar collectors line the roofs of many buildings in China.
Due to a combination of research and development, market competition, and government incentives in China, models designed for families of three start at around 1500 Yuan or US$200 – about 70-80 percent less than the least expensive models in the United States. (High-end models have higher capacities and are able to seamlessly switch between solar and gas power.) Chinese companies also are apparently helping push down the price of solar panels – by almost half over the last year – in other countries, according to a recent New York Times article.
Check out the entire blog article.

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