meeting the future energy demands

Breakthrough in Solar Power Technology to Replace Fossil Fuels

Breakthrough in Solar Power Technology to Replace Fossil Fuels

The solar panel industry has been showing remarkable progress recently, as it continues to boom despite the challenges and setbacks of the early 2000s. Many US-based solar panel companies faced economic hardships due to subsidy cuts, cheaper natural gas, the falling of MAC Global Solar Energy Index and a flood of Chinese solar panel imports. Dozens of solar companies were forced to shut down, changed hands, or declare bankruptcy. But things are improving now; the future of the solar power industry is looking brighter.

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