Thanks
A link to an article would be helpfull too.
More Pages:
- Solar Turbines: Solar Photovoltaic And Wind Turbine Can Be Combined For Maximum Power? (1/4/2012)
- Solar Power: What Do You Think Is More Efficient In Harnessing Wind Power, A Conventional Wind Turbine Or A Windbelt? (7/23/2011)
- Solar Turbines: Should I Get A Solar Power System Or Wind Turbine To Reduce My Electrical Bill? (10/10/2011)
- Solar Lights: How Do I Use The Power I Get From A Solar Panel Or Wind Turbine? (7/5/2011)
- Solar Power: How Much Does It Cost To Establish A Wind Turbine And Solar Power? (12/25/2011)
{ 3 comments… read them below or add one }
Solar cells are expensive. So expensive that they pay for themselves just about the time that their useful life is over. The margins are very small, primarily because they capture only about 15-20% of the solar energy that hits them.
Wind turbines, by contrast, can capture over 80% of the available wind energy.
The economics are better. It costs $ 10 a watt to install solar electric power, and you can get at most 2 kWh of power per year per installed watt. That much juice is worth about 25 cents, so you are better off leaving your money in a savings account.
Because the cost per megawatt, ie, return on investment, is better at this time for wind than for solar.
That may change in the future, though. Nanosolar of San Jose claims their new solar panels can be mf’d for less than $ 1 per watt of generating capacity. This would bring total SYSTEM investment to under $ 2 per watt of installed capacity, beating wind and competing with new fossil fuel plants.