Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

The end of 2010 is fast approaching, and with that have come a flurry of State of the Cleantech Union-type reports and forecasts.

What’s clear so far is this: American wind installations last quarter hit a three-year low, although there’s over 4,000 gigawatts of potential for offshore wind development, and the government is streamlining the permitting process to help spur growth. Solar appears to be healthy and poised to rise in the U.S., with large-scale solar installations for utilities expected to double each year between now and 2015. And a recent report by the Boston Consulting Group predicted that solar and biofuels would be the first renewable energies to become competitive with traditional energy sources like coal — possibly within the next five to 10 years.

To read the full, original article click on this link: Will the rise of natural gas threaten solar and wind? | VentureBeat

Author: Iris Kuo