The Facts

  • Capital and project development costs are falling
    • PV project costs are forecast to drop by more than 50% by 2025- from the current range of $300 - $410 per megawatt–hour (MWh) to a range of $146 - $200 per MWh.
  •  
    • Already, the cost of solar PV and solar thermal is market competitive at peak demand times.
  • Despite a weak global economy, markets have grown rapidly in response to higher demand.
    • The PV sector installed 62 megawatts-peak (MWp) in new annual capacity in 2009, up almost ninefold over 2008.
    • From 2000 to 2009, solar thermal expanded at a compound annual growth rate of 20%, to about 260 megawatts thermal (MWth) from 20 MWth.
  • The industry is creating new, high technology jobs.
  • Approx. 3,000 jobs have been created to date, by 2025 the industry expects to support more than 35,000 jobs.
   
"Leonardo da Vinci conceived the idea of concentrated solar power. He designed Solar Concentrator in 1515."
   

30 years in biz

   
"Glass produced from recycled glass instead of raw materials reduces related air pollution by 20%, and water pollution by 50%."
   
© Canadian Solar Air
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