It appears that there may be a recession proof industry after all. The Solar Energies Industry Association just released their annual report, and while coal and oil are “suffering”, solar is a growth industry.
It’s been a banner year for alternative energy, with the support from the White House, the American Reinvestment and Recovery act, and other tax related benefits, solar has managed to show a 37% increase. That’s no small feat considering the state of the economy. Add to that the drop in manufacturing costs, and solar seems to be the place to be.