Global oil price at 135USD/Barrel on Jul 16,2008,according some third part research agencies forecast,2009 oil price will reach 200USD/Barrel and oil price will continue increase as energy demand and decreasing supply. high oil price speed up global renewable energy development. solar and wind energy as the widely use new energy will act an important role in the coming years, especially when oil price reach 200 USD/barrel on 2009. traditional fire energy cost will be similar as wind energy, thus will help great development of wind energy all over the world, though solar energy is about ten times cost of fire energy today, but thin film solar cell can helo reduce its cost to about 5-8 times cost and thin film solar have great cost reduction room as time going on.for long time seeing, oil price will continue increase and its resource limitation will also drive renewable energy fast development.what is more, more and more governments or region start wind or solar energy development and this will also bring opportunity and business for solar related companies or manufacturers all over the world.
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