Today, I’m covering the renewable energy sector and making a buy recommendation. There is room for Wind and other alternatives at this company but the primary focus is utility scale solar photovoltaic plants.
A primitive selenium photovoltaic existed as early as 1839. During the early atomic age, Bell Labs improved on the design by using much more efficient silicon. The efficiency was still below the 6% deemed to be commercially viable. At any rate, there has been over a century of research and development into making better solar cells. If you were to buy a typical residential system today, you’d expect to get cells with an efficiency of about 20%. The technology exists already however for efficiency up to 26%, with 30% projected in just a few short years.
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