Commodity Trade Mantra

All posts under ‘Solar Power’

Solar Power Is About To Get Much Cheaper

Solar power is not going away and those who think it is are fooling themselves. The concept of cheap solar panels is particularly attractive when one considers the possibility of combining Solar City’s plant with batteries like that of Tesla or Orison. If Solar City can combine cheap solar panels and installation with reliable and cost effective battery storage, it could be a true game changer.

India Will Determine Both Coal And Solar Energy Market

The IEA says that India will account for a quarter of the world’s energy demand growth between now & 2040. India is now perceived as a ‘major draw’ for the world’s leading solar manufacturers & developers. It has a superb solar resource; it has the need; it says it has the will & the potential for disaster is great if coal rather than solar solves the country’s power woes.

$8 Trillion Alternative Energy Boom Is a Win for Copper

Global copper consumption is poised to increase not just because electricity demand is growing. New energy technologies require more copper than traditional sources. Each megawatt of wind power capacity uses 3.6 tonnes of copper. The most significant growth is in production of electric cars, which use 2 to 3 times more copper than internal combustion engines.

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