According to one analyst, “The loans are enough to increase the world’s solar wafer and cell capacity by 100%.” [Alternative Energy: Key to Recovery?]
In a testament to the promise of solar energy, Nathan Eddy of eWeek reports that the Solar Impulse HB-SIA successfully flew more than 26 hours without using a drop of fuel. Instead, it used the energy garnered from the sun’s rays during the day to power its night flight.
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- Market Vectors Solar Energy (NYSEArca: KWT)
- Claymore/MAC Global Solar Index (NYSEArca: TAN)
Sumin Kim contributed to this article.