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Iea’S Solar Predictions Are Wrong

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Until recently, solar installations were concentrated in Germany and Italy,
. . . due to strong policy support.
But for this decade, installations in
. . . . . . Japan,
. . . . . . U.S.,
. . . . . . Latin America and
. . . . . . China,
. . . are now expected to grow faster.

Specifically, China plans to add 10 gigawatts of solar capacity each year
. . . Its goal of having 35 gigawatts of installed solar power capacity,
. . . by the end of 2015 is more than the 32 gigawatts that Germany,
. . . had installed at the end of 2012.

The role of solar in the future may have a disruptive impact,
. . . on the way electricity is generated and used,
. . . making it a catalyst for the transformation of the power industry.
Growing amounts of solar power produced,
. . . in individual buildings and homes appear increasingly likely,
. . . to give consumers the option of generating their own power.
This potential is already increasing investments,
. . . in new types of
. . . . . . storage technology,
. . . . . . smart grids,
. . . . . . electric vehicles, and
. . . . . . other innovations.

2013-10-20 Source:  Forbes


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