Solar Energy Industry is Facing a Big Challenge

A few years ago, renewable energy was not gettingsupport private solar electricity system's installation.
people's attention. But for the past two years,Samsung Economic Research Institute predict that the
non-renewable energy was not steadily supplied andmoney in the world solar power market will increase
the oil price keep rising up. Energy issues begin tofrom 15 billion us dollar in 2005 to 36.1 billion us dollar in
constrain national economic development. In response2010.In South Korea, the 2007 domestic solar power
to high oil prices, countries around the world launched ageneration capacity is about 44 megawatts. This year,
new energy strategy, which is to seek a new drivingit is expected to go up to 100 megawatts. It will
force for economic development. Therefore,increase to 4000 megawatts by 2010.
renewable energy like bio-energy, solar energy, windBut in fact, all the solar energy companies are facing
energy and other new energy products are beingtough cost challenges. Along with the rapid
developed by all countries. Even though the renewabledevelopment of industry, silicon price is rising up crazily.
energy development has a bright future, it also has toAccording to the data, it was US 300 dollar per
face some challenges.kilogram on 2006.But in 2007, it comes up to us 400
The shortage of silicon is restricting the developmentdollar per kilogram. With the rapid expansion of
of solar energy industry.domestic energy industry, the silicon price will keep
As the best energy in all new energy industry, solargoing up. The cost of solar energy panel will also be
energy is being developed by all counties.greatly raised!
On August 18th, Australia Queensland governor was inExperts say that one watt electricity from solar
one solar plant in Nevada. He said they will establishsystem's cost is about 0.6 us dollar .And the fuel
cooperation relationship with Nevada. Queensland willgeneration cost is less than 0.2us dollar. Since the
build a solar industry park to reduce Queensland'ssilicon price is so high, the solar power cost will be
dependence on coal-fired power generation. Not longmore than 0.6 us dollar. Somebody predicted that oil
time ago, the Israeli electricity management departmentprice will go up to 200 U.S. dollars per barrel, and oil
pronounce: From July, People who install the solarpower generation cost will be about 0.4 us dollar. Solar
power electricity system can sell their surplus electricitypower cost is still higher than the cost of fuel power
to National Grid for approx us0.6/Wgeneration.
It will cost about us$8,800 to in stall a solar electricityIn conclusion, while we are developing our economy,
system that has 10kilowatts's generating capacity. Inwe should pay attention to protect our environment!
this way, if people sell the electricity to National Grid,Governments should support the renewable energy
they will be able to pay off the system for less than 10industry's development by all means! So that we can
years. At the same time, Israeli public authority will offerlive on a nice earth!
solar security systems for solar power equipment to