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Energy Price Hike Good For Renewables

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Increase in oil prices beneficial for solar energy says Solarplaza.
Oil prices have increased by 20 percent during the past six months and it is highly unlikely that this increase will come to a halt anytime soon. Consequently, this makes investing in solar energy even more attractive. “The worldwide markets for solar energy have grown by around 90 percent during the last year. The industry is also extending and is becoming very competitive. True, this can lead to some overcapacity,” says Edwin Koot, Director of Solarplaza, an information platform that specializes in solar energy. “However,” Koot adds, “costs and prices will decrease even further due to the increase in production.”

Solar energy is one of the focus points of the European Union Energy Policy, and Belgium is one of the main players in the global solar energy market. The largest solar roof installation in Europe can be found in Belgium on the roofs of the logistics company Katoen Natie. Reason enough to organize an international conference on solar energy in the heart of Europe: 'The Solar Future: Belgium' is scheduled for March 23, 2011 in Brussels. The Conference will be organized by Solarplaza. Key players from the sector will discuss the most important developments for the coming few years and will give presentations on all aspects of the Solar Energy Sector: the market opportunities, the technical and judicial aspects, as well as the possibilities for investment in this area in light of the current uncertainties regarding subsidy regulations.
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