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camarodan64 (< 20)

A Brief History of Solar Power in Modern times.



May 26, 2013 – Comments (4) | RELATED TICKERS: LDKYQ , FSLR , SPWR

A Brief History of Solar Power in Modern times.
It seems solar power is much bigger already then most people know.Solar power discovery led to the dawn of the computer age and space age as we know it now. Oh yes  ,solar power was around way before computers were even thought of,  the push to increase the efficiencyof early solar panels led to the invention of parts used in computers.It seems that solar power made everything to do with computers and the internet possible as the first major application for the solarpanels was satellite arrays.  This is why investment in solar powerglobally will be 10 times that of the internet amounting to over $40 trillion US$.  Read the facts below sourced from wiki

The photovoltaic effect was first experimentally demonstrated by French physicist A. E. Becquerel. In 1839 The device was only around 1% efficient.
Albert Einstein explained the underlying mechanism of light instigated carrier excitation—the photoelectric effect—in 1905, for which he received the Nobel prize in Physics in 1921.[3] Russell Ohl patented the modern junction semiconductor solar cell in 1946,[4] which was discovered while working on the series of advances that would lead to the transistor.

   From 1954 to 1960 Hoffman improved the efficiency of Solar Cells from 2% to 14%. At first, cells were developed for toys and other minor uses, as the cost of the electricity they produced was very high; in relative terms, a cell that produced 1 watt of electrical power in bright sunlight cost about $250, comparing to $2 to $3 per watt for a coal plant.

In 1959 the United States launched Explorer 6. It featured large solar arrays resembling wings, which became a common feature in future satellites
by 1971 cell costs were estimated to be $100 per watt.[7]
 by 1973 Linden, New Jersey Exxon lab, Solar Power Corporation (SPC).[8] was producing panels at $10 per watt and selling them at $20 per watt, a five fold decrease in prices in two years.

   ARCO Solar's factory in Camarillo, California was the first dedicated to building solar panels, and was in continual operation from its purchase by ARCO in 1977 until 2011 when it was closed by SolarWorld.
The widespread introduction of flat screen televisions in the late 1990s and early 2000s led to the wide availability of large sheets of high-quality glass, used on the front of the panels.

Solar panels are now less then $1 a watt with China leadingthe way in global production by producing key materials neededto bring solar power affordability to all.  Many bankrupt solarpanel makers recently liquidated their remaining panels in stockat a loss due to liquidation proceedings,  those solar companies in China that liquidated  are no longer producing and with that being said they no longer have stock to liquidate either so that "glut" of supply no longer exists , so a move in investor sentiment from supply glut to supply shortage will be the  shift from loss to profitability in the entire solar sector production stream.  From the history of solar power we can see that China was a late participant into the production of solar goods yet it has played the most critical role in reducing costs which benefits all except big oil.

4 Comments – Post Your Own

#1) On May 27, 2013 at 1:23 AM, awallejr (33.35) wrote:

I submit that solar power is the end game.  But we are just not there yet. 

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#2) On May 27, 2013 at 10:11 AM, OneMale2012 (< 20) wrote:

Solar power is life ,plain and simply.

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#3) On June 18, 2013 at 8:10 PM, camarodan64 (< 20) wrote:

You are pretty smart  awallejr

we are now entering the dawn of solar power, expect 4 year bull market in solar stocks from 2013- Dec 2017 , further growth up untill 2050 then its end game in the energy gathering quest and onto energy farming from a endless source.

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#4) On June 22, 2013 at 4:22 PM, camarodan64 (< 20) wrote:

awallejr The cost per watt is now $.45 for the complete panel in box,  check solarcellstocks dot com for the solar sector

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