• Sat. Apr 13th, 2024

Solar Power Market is Facing a large Challenge


Nov 30, 2020

A couple of years back, alternative energy wasn’t getting people’s attention. As well as the past 2 yrs, non-alternative energy wasn’t continuously provided and also the oil cost keep rising up. Energy issues start to constrain national economic development. As a result of high oil prices, regions launched a brand new energy strategy, which would be to seek a brand new driving pressure for economic development. Therefore, alternative energy like bio-energy, solar power, wind energy along with other new energy goods are being produced by all countries. Although the alternative energy development includes a vibrant future, additionally, it needs to face some challenges.

The lack of plastic is restricting the introduction of solar power industry.

Because the best energy in most new energy industry, solar power has been produced by all counties.

On August 18th, Australia Queensland governor is at one solar plant in Nevada. He stated they’ll establish cooperation relationship with Nevada. Queensland will develop a solar industry park to lessen Queensland’s reliance on coal-fired power generation. Not lengthy time ago, the Israeli electricity management department pronounce: From This summer, Individuals who install the solar energy electricity system sell their surplus electricity to National Grid for approximately us0.6/W

It’ll cost you about us$8,800 to in stall a solar electricity system which has 10kilowatts’s generating capacity. In this manner, if people sell the facility to National Grid, they can remove the system for under ten years. Simultaneously, Israeli public authority will offer you solar home security systems for solar energy equipment to aid private solar electricity system’s installation.

Samsung Economic Research Institute predict the money on the planet solar energy market increases from 15 billion us dollar in 2005 to 36.1 billion us dollar this year.In Columbia, the 2007 domestic solar energy generation capacity is all about 44 megawatts. This season, it’s expected to increase to 100 megawatts. It’ll increase to 4000 megawatts by 2010.

However, all of the solar power information mill facing tough cost challenges. Combined with the rapid growth and development of industry, plastic cost is booming up incredibly. Based on the data, it had been US 300 dollar per kilogram on 2006.However in 2007, it comes down as much as us 400 dollar per kilogram. Using the rapid growth of domestic energy industry, the plastic cost could keep rising. The price of solar power panel may also be greatly elevated!

Professionals state that one watt electricity from solar system’s price is about .6 us dollar .And also the fuel generation price is under .2us dollar. Because the plastic cost is really high, the solar energy cost could be more than .6 us dollar. Somebody predicted that oil cost will increase to 200 U.S. dollars per barrel, and oil power generation cost is going to be about .4 us dollar. Solar energy price is still greater than the price of fuel power generation.