Monday, March 2, 2015

Solar Power is Now at a Price Advantage When Compared to Fossil Fuels

This report comes via hard nosed Morgan Stanley Economists, not wide-eyed green energy enthusiasts. And, a report that shows that solar power could be economical even in a market like the US, where the Northern states would get an average of 3 to 4 hours of sunlight a day for 300 days a year, it would be vastly more economical in markets like India where the country receives sunlight for more than 6 hours a day, for 325 + days a year, across the country, on average. Indian Prime Minister Narendra Modi is a solar energy enthusiast. I hope he is encouraged even more in his efforts by this report.

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