Governments around the world are handing out huge incentives for businesses and individuals alike to invest in solar energy.

Germany leads the way in Europe, with the Mediterranean countries such as Italy, Spain, Portugal and Greece catching up rapidly.

In the US, California leads in way. In fact, California is the worlds third largest solar PV market in the world. There is $3.2 billion funding for the next 11 years initiated by Arnold Schwarzenegger.

This long term incentive scheme creates a solid base for new start-ups, and gives the thumbs up for solar pv investments and international PV companies.

Japan is leading the way in Asia. And it won't be long before China overtakes everybody seeing as they manufacture most of the solar panels on the market.

So with all these initiatives gathering pace, electricity prices going through the roof, the future for solar energy is looking very rosy indeed.

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