Those who predicted back in the 1980s that Apple, Microsoft, Motorola and Hewlitt-Packard were going to be crucial players in the home computer revolution, they are now very rich. It was simply a matter of paying attention to developing trends in technology and demand to see where the smart money was going to go. Connecting the dots between computer evolution and the appearance of the internet showed the way to the faster, information-rich, interconnected world that is now a reality.
The same holds true for the energy market. Anyone who pays close attention to growing trends in environmental degradation, shrinking supplies of fossil fuels, and energy demand, can see that the signposts are pointing toward renewable power generation, particularly solar power, as the pathway of the future. And from these indicators, investors can understand where the smart money is now going.
Solar power systems are undergoing accelerated development. Awareness of the climate change crisis is driving the search for alternatives to coal, oil, natural gas, and even nuclear power for electrical generation. It is true that nuclear power is emissions-free. But the attendant costs in ensuring safety of all systems to prevent a meltdown catastrophe combined with the problem of containing and storing long-term radioactive waste makes nuclear power cost-prohibitive in many areas of the world. These factors are combining to drive the phase-out of nuclear power in several industrially-advanced countries including Germany, Japan and Britain. With nuclear power being taken off the table, and fossil-fuel energy becoming more problematic, the remaining alternative is wide-scale development of renewable energy. And that means a revolution led by solar power to transform the energy market beyond recognition.
Readers can go now to this website to learn about the latest developments in solar technology. Solar PV systems that can not only more efficiently harvest visible light but also can convert infrared solar radiation into visible light used by PV transistors to create electrical current are now in the experimental stage. When properly developed into working commercial models, they will make far more efficient solar PV systems feasible. And as these new more efficient systems also achieve lower cost, economy of scale will kick in, further driving down prices and making solar systems far more attractive. Anyone who sees where these trends are going will become very rich profiting off the coming solar revolution.