(Image Courtesy of treehugger.com)
The Secretary of Energy, Steven Chu, has recently announce a new government project that will make solar power a feasible alternative to fossil fuels in the near future. This program, rumored to cost around $30 million, will make photovoltaic cells more cost-effective and efficient than they are currently. This will allow more corporations and households to produce the majority of their own power using tax-deductible solar technology. So, for us in the ceramics engineering industry, this means there is a potential up-swing in many of the products that our industry produces that are instrumental in the development of photovoltaic cell technology. A recent article by treehugger.com editorializes,
$27 million in funding is a nice start, and it may sound like a lot - but if we truly want to produce 'moon shot' caliber results (ie, cheap, plentiful clean energy tech un under a decade), Obama's going to have to put his money where his mouth is.
While it is true that the government will need to "put up or shut up" as it were, in order to make the whole project meet its estimations, it's also true that the global ceramic manufacturing community can ultimately benefit from at least the suggestion of this future program. With the way the economic winds are blowing these days, it seems like investing in any component of solar technology is a logical choice; ceramics manufacturers can add this to many other aces in the hole as far as developing client relationships and determining global investment is concerned.
To learn more about the world (and investment opportunities) of industrial ceramics manufacturing, visit Refractron.
To read the full article from treehugger.com, visit: http://www.treehugger.com/files/2011/02/doe-launches-effort-bring-cost-solar-down-75-2020.php
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