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Monday, March 15, 2010

Solar sector's long-term outlook is far from sunny

With solar being a low-density energy source, the need for innovation in not in the novelty of the technology, but in the reduction in cost and increase in scalability. This means that the industry will struggle for the foreseeable future unless government subsidizes the installation of solar on a massive scale, bringing the financial and cultural dislocations that would go with it.