Norway's Renewable Energy Corp has just received a huge order from BP.

"The agreement, which is structured as a take-or-pay contract, has a base value of approximately 2.7 billion Norwegian crowns," REC said in a statement.

The solar industry is continuing to boom but prices are not falling after several years. I'm wondering if the vast subsidies paid by Germany, Japan, California et al are responsible for that. Margins in the PV business are high and so there is no incentive to invest in lower cost pv technologies that would have excluded silicon for example whose price has quintupled.