Manonthestreet
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- May 20, 2014
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now being repeated here.....MN plunging into big solar waste...... Badly located renewable power plants cost Europe 100 billion Davos report Reuters (Reuters) - Europe could have saved itself $100 billion by installing solar power panels in sunnier countries and wind turbines in windier places, the World Economic Forum's "Future of Electricity" platform said in a report released on Tuesday.
It said that even though Spain gets about 65 percent more solar energy than Germany (1750 kilowatt-hours per square meter/year compared to 1050 kWh/m2 for Germany), Germany has installed about 600 percent more solar photovoltaic capacity (33 gigawatts compared to 5 GW).
It said that even though Spain gets about 65 percent more solar energy than Germany (1750 kilowatt-hours per square meter/year compared to 1050 kWh/m2 for Germany), Germany has installed about 600 percent more solar photovoltaic capacity (33 gigawatts compared to 5 GW).