Solar Power Brings Out the Big Guns
Lockheed Martin is getting into the solar game. The Philadelphia Inquirer reported today that the mega-defense-contractor-technology-company will start construction on a giant solar test facility tomorrow in Moorestown, Pennsylvania. There, Lockheed plans to test a variety of ways to produce solar arrays.
The test facility will mean that when eco-conscious government leaders ask Lockheed to construct a utility-scale solar power plant, they'll be able to deliver one. Lockheed and its solar partner on the project, Starwood Energy Group Global, estimate that the solar power industry will be worth around $30 billion in the next few years. Seems small, especially compared to the economic bailout, but it's brighter than $30 million with an "M." Plus, the sun seems to be providing one of the few constant commodities during this rollercoaster of a recession.
Image: Working on a large scale, Lockheed's airdock in Akron, Ohio. Credit: Flickr users Larry & Linda.
















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