The sun keeps shining bright: World solar power topped 100,000 megawatts in 2012
AUGUST 6, 2013
PV semiconductor materials convert the sun’s rays directly into clean, carbon-free electricity. But in a kind of gold rush spurred by easy bank loans and government tax incentives and subsidies, China hurtled past PV technology pioneers the United States (in 2006) and Japan (in 2008). Solar power installations are growing more than 40 percent annually, and falling PV prices are making solar power more affordable.