http://answers.yahoo.com/question/index?qid=20110520214423AAJjtwF
First off, start saving right NOW and keep going at it until you retire. You should also be aware of your needs once you've retired. You might also want to consider some investment plans to provide you passive income. And lastly, do NOT touch yourretirement savings
Saturday, September 24, 2011
Hypo Venture Capital Zurich Headlines: Solar Power Market by PV, CSP Technologies by Installations, Price, Cost, Trade Trends & Global Forecasts (2011 – 2016)
http://hypoventurecapital-headlines.com/
Solar energy is amongst the most reliable and clean energy resources, and proves to be a viable alternative to fossil fuels that are currently responsible for polluting the environment and contributing to global warming. Solar energy is generated through various technologies viz. solar PV, solar thermal, concentrated solar thermal/power, and concentrated PV.
In all the four technologies mentioned above, solar PV is the biggest market; followed by concentrated solar thermal (CSP/CST). In the last five years, solar PV registered 60% average annual growth rate and CSP achieved 8%. Currently, the market for solar PV is bigger than CSP; thanks to huge investment, research and development, initiatives taken by the governments, and a number of projects in the pipeline. However, CSP technologies are expected to grow at a faster rate in future as new markets such as China, India, Brazil,Canada, Germany, and France open up. During 2011 – 2016, the CSP market is expected to grow at a CAGR of 44.9% and the solar PV market by 29.9%. At the end of 2016, cumulative installed capacity of CSP and solar PV is expected to be 8.6 GW and 219 GW respectively.
The most important factors that stimulate the growth of solar power market on the whole are unpredictable fossil fuel prices, need for disassociation of dependence on fossil fuel imports from areas of political volatility, environmental concerns over the green house gas emissions associated with fossil fuel use, government incentives, other support programs making solar power more cost competitive, and shift in consumer preference.
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