Thursday 15 December 2016

Solar Power. Tek Seng. Faster Than The Speed Of Night

Is a 1983 hit for Bonnie Tyler, taken from the album of the same name.

The economies of scale has been traveling FASTER THAN THE SPEED OF NIGHT, for solar power. This should be a boost for Tek Seng , which trades at 71 Sen a share.

Windpowermonthly has the story. Read Below :

The fall in price of solar panels has caused solar power to become cheaper than wind for the first time, according to new research.

The new "Climatescope" report from Bloomberg New Energy Finance (BNEF) suggests that in "emerging-market economies", new solar projects can cost less than building new wind sites.

Taking data from 58 of these non-OECD markets, including China, India and Brazil, shows that Capex for wind projects has dropped to $1.65m/MW, compared with $1.66m/MW. Capex costs, however, are not generally seen as a guide to overall competitiveness.