Another Clue…

What’s the biggest stumbling block for the mass adoption for solar energy? Cost.

If you installed solar panels in your home – even after government incentives (which continue to grow) – it would take you around five to ten years before you break even on your investment.

Well, one company is looking to change that. The start up by the name of Sunrgi says that they can make solar power that is just as cheap as coal!

That’s five cents per kilowatt hour, not the twenty to thirty cents it currently costs.

How do they do it? They use mirrors to focus the light into a very small, highly efficient solar panel. Because there is so much sunlight hitting this small panel, it converts very well.

And since it uses only small amounts of the poly silicon needed to make these panels, it costs them less to produce (if you didn’t know, poly silicon is in high demand and there isn’t enough of it. Prices have been skyrocketing and that’s been hurting margins for solar producers).

Finally, with so much sunlight being concentrated into one area, temperatures could break 3,000 Fahrenheit. That’s why the company has built in coolers to keep the panels cool (and help them last longer than normal panels).

The company plans on being in production within 12-15 months.

Whether this actually happens is another story altogether.

So do you see the bubble I’m talking about? Jonathan already guessed it – that freakin genius. And if you haven’t already, then it’s time for me to tell you what it is…

It’s this whole green movement.

I can’t go one freaking day without seeing a commercial about how a company (which spews tons of harmful chemicals into the air) is somehow going green because they planted one whole tree in a land of no water.

IBM is going green. Google is. Chrysler says they are (with the worst gas mileage in the universe) Ford and GM say they are too.

Let’s not forget about Toyota, Exxon Mobil, GE, and every other major corporation out there.

I don’t want this to be a rant about how stupid these companies really think people are (do you believe they are that much greener). But at the least they’re making the attempt.

And as they make the attempt, thousands of blogs and websites are going online focusing on green technology, organic eating, and social responsibility.

And to think, this is only the beginning of this whole movement.

Once a democrat becomes the president – green will boom even more!

So, I’m going to start focusing more on green technology. Being that I believe the future bubble is here, it would be smart to start getting more involved in the field.

We all have lots of money to make in the next five years. And this is the start of that. I hope you can join me for the ride : )

Take care.