With a worldwide recession at our doorsteps, solar power keeps going strong. To that end, electronics giant Kyocera has announced that it has just broken ground on a brand new solar cell module plant, which will begin production in the year 2010.*
As can be seen, solar power refuses to bow to the recession at hand, in any country around the world. This is incredibly good news for the solar industry, and if you have been a fan of A Cooler Planet, you have read that new industrial installations are continuing to be built for the production of solar cells and the technology that supports them.
While many might believe that Kyocera is taking a risk in these times of economic downturn, the fact of the matter remains that growth within the solar industry continues to remain strong, and some predict that over the next four years, it may grow as much as 75%! ** Growth like this means massive production, and massive production always equates to more jobs, which will in and of itself, fuel a resurgence in the economy.
The best news is that, with companies building new factories to produce more and more solar cells, the prices will drop lower than ever. For the consumer or the commercial buyer, it is almost becoming too expensive not to go solar, and with production facilities being built by electronic giants like Kyocera, the solar industry as a whole will see more solar cells on the market, and at a far less cost then what they are now.
*http://www.solarbuzz.com/News/NewsASMA227.htm
**http://photonic-crystals.blogspot.com/2009/02/bold-solar-growth-projections.html