Solar May Be Cheaper Than Fossil, Nuclear Power in 5 Years, GE...

Solar May Be Cheaper Than Fossil, Nuclear Power in 5 Years, GE Says

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thin solar panelSolar power may be cheaper than electricity generated by fossil fuels and nuclear reactors within three to five years because of innovations, said Mark M. Little, the global research director for General Electric Co.

“If we can get solar at 15 cents a kilowatt-hour or lower, which I’m hopeful that we will do, you’re going to have a lot of people that are going to want to have solar at home.”

GE is investing in solar, and dramatically increasing its efficiency.

(READ the article in Bloomberg News)

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