OilPrice.com

OilPrice.com's picture

OilPrice.com
About the author:

The No. 1 Source For Oil & Energy News

Even Israel's High-Tech Sector Struggles to Make Solar Power Cost Effective

Date: 31 October 2011

As a consequence of the global recession that began in 2008, prices for photovoltaic solar panels worldwide have receded. The failure of the US federally subsidized company Solyndra, for instance, has also put a damper on the solar power industry as governments start to question their support for alternative energy companies. How has this affected Israel, where energy imports remain a major topic of concern to the government?

Read more