Solar Power - Dark times for solar power
This year looks tough for solar power, with Spain, the largest market in 2008, capping new production. Finding private financing is harder, making clear feed-in tariff policies essential, finds Vanya Dragomanovich
The outlook for the solar industry is not looking particularly bright after Spain, the single largest market last year, said it expects new solar capacity this year to be only a fraction of that in 2008.
Solar electricity remains much more expensive than conventional energy. According to some estimates it can be 10 to 15 times more expensive than traditional energy, although there are producers whose technology makes it much cheaper than that. Capital costs are still much higher for solar than
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