An encouraging report on the current state and outlook for the solar energy industry. "The cost of solar panels has dropped significantly. Thanks to that and to new financing, the rooftop solar business is going gangbusters." Listen to the audio report, or read the transcript.
Recent reports of solar companies going bankrupt and stories about alleged federal loan scandals have cast long shadows on the entire solar industry. But the sun is far from setting on photovoltaics. In fact, in 2010 - solar panels that could generate 17 gigawatts of energy - that's equal to about 17 nuclear power plants - were sold worldwide. And this year, the US industry expects to double its production, and companies are growing fast to meet the demand for roof top panels. Living On Earth's Ingrid Lobet reports.