Monday, October 6, 2014

HSBC investment bank on solar energy

HSBC is one of the largest investment banks in the world and this article highlights what they say about solar energy. Fossil fuel profitability is done and solar is in. Affordable battery storage is already here and will increase distributed energy generation while reducing demand from the grid. Solar energy generation with battery storage will achieve grid parity in Germany by 2015 allowing independence from the grid. The tech is here and the price is almost right. And when HSBC signs on you can bet your bottom dollar it is a good investment, not only in energy independence but environmental sustainability.

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