Sharp Sees Solar Power Costs Halving By 2010

Japan’s Sharp Corp., the world’s biggest maker of solar cells, expects the cost of generating solar power to halve by 2010 and to be comparable with that of nuclear power by 2030, Sharp’s president said.

Asked how the costs were likely to compare with those for producing electricity from fossil fuels such as coal, Machida replied: “Fossil fuel resources will be totally out by then.”
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