Silver and Solar Power
Silver is a key component used in solar panels and may also emerge as an important catalyst for new and improved long life batteries. Solar power generation systems need long life batteries to store energy for use when the sun isn't shining. Clearly there is plenty of reason to believe that demand for silver for use in solar power systems will be strong in the coming years. In this article we will review offer up some excellent articles and resources on this topic. We'll start with this Barron's article on the potential impact on silver from the growing use o solar panels. here is an excerpt: "Goldman Sach’s Mikhail Sprogis explained in a note last month that silver is a key component in the solar industry , which is poised for big growth. Solar investments account for 18% of silver industrial demand and about 10% of overall demand for the metal. Sprogis has a $30 price target on it." . . . . . "Goldman estimates solar installation will jump 50% from 20...