How viable is the solar energy business?

by Tashi Mitra

Solar energy as a viable business is crucial to the world’s energy market. The jury has been out on this question: is it possible to make money in the solar business?With oil prices at an all time low, the viability question becomes even more relevant as development related investments in the solar energy sector could dramatically reduce. The world’s dependence on fossil fuels — coal, oil, etc — over the years has resulted in an environmental degradation of an unprecedented level. Hence it is crucial that alternative energies, like wind and solar, become viable businesses. Continue reading