Green energy is one of the most rapidly expanding industries in the world right now due to so many people looking to do their part to help save the planet. With so much focus on solving global warming and reducing air pollution, smarter and cleaner forms of energy are being looked at very closely by scientists and consumers. There are several cool facts about solar power that can change the world.
A recent industry analysis projects the amount of solar power installed to grow to 15.5 percent per year, but revenues are to stay flat until 2016. Lux Research provided the report. A report from Navigant Consulting discovered that the price of solar panels is down almost 20 percent as of August 2011. The information derived from these two reports show that the consumer is poised to benefit from the price reduction while manufacturers can expect an almost flat profit margin for the next few years.