Despite falling solar prices, experts say U.S. remains “rare bright spot”

Solar panel prices have fallen more than 40 percent this year to $1.30 per watt, well below the high of $3.50 per watt they hit in 2008. But that shouldn’t scare clean technology investors interested in U.S.-based solar providers, where the solar panel market is predicted to double this year, according to the Solar Energy Industries Association (SEIA).

Google report suggests huge payout for clean technology expansion

Aggressive spending and expansion in clean technology would generate 1.1 million new jobs by 2030 and reduce U.S. greenhouse gas emissions by 13 percent, according to a new report by Google. If the U.S. employs more federal mandates and provides funding for clean technology projects, those projects will generate 1.9 million jobs and reduce U.S. greenhouse gas emissions by 21 percent, the report states.

Are solar panel manufacturing component prices falling fast enough?

The price of polysilicon, a key component in manufacturing solar panels that capture sunlight and convert it to electricity, fell 5.1 percent to $74.4 per kilogram from $78.19 last month. Still, the decline is smaller than expected and the current prices could hurt profit margins for solar panel manufacturers that rely on crystalline silicon panels.