The generation of energy is the cornerstone of any modern society: modern economies and the people that live within them rely on it. However, great tension has grown over how to meet the rapidly growing demands of a growing world population and how to address the resultant domestic and global issues of air pollution, water pollution, global warming, electric infrastructure reliability, and, more recently, local and national security. Due to these rapidly evolving issues virtually unlimited economic opportunities are emerging in the energy industry, the largest and most vital industry in the world.
Photovoltaic (solar-electric technologies) offer an excellent alternative to traditional means of generating electricity. They convert light directly into electricity without moving parts, noise, or pollution. They also have a lifetime expectancy of 30 plus years, are readily adaptable to a variety of applications, and are made of the second most abundant material on earth--sand.
In the next 20 years worldwide energy demand is expected to expand by more than 50 percent, with demand projected to increase by 23 percent in industrialized nations and by more than double in the developing world, with Asia accounting for the lion’s share of the growth. By 2020, the solar-electric industry predicts a $15 billion worldwide industry.
|