Google, TransCanada set solar plant deals
(Reuters) - Google Inc and TransCanada Corp announced deals to buy solar power projects on Tuesday, just days after billionaire Warren Buffett made his second major purchase in the sector. Prices for solar panels have fallen more than 40 percent this year, pushing the cost to install the renewable energy systems to their cheapest levels ever. But solar panel makers have struggled as the price decline eroded profit margins for the nascent industry, driving share prices across the sector sharply lower.
20 December 2011•2 mins read
