NewEnergyNews: SOLAR WILL SOON BE $12 BILLION BUSINESS

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

While the OFFICE of President remains in highest regard at NewEnergyNews, this administration's position on climate change makes it impossible to regard THIS president with respect. Below is the NewEnergyNews theme song until 2020.

The challenge now: To make every day Earth Day.

YESTERDAY

  • FRIDAY WORLD HEADLINE-Is ‘Game Of Thrones’ About Climate Change?
  • FRIDAY WORLD HEADLINE-Surprises In The New Global Solar Rankings
  • FRIDAY WORLD HEADLINE-Denmark’s Vestas Wins Mexico’s Biggest Wind Deal
  • FRIDAY WORLD HEADLINE-Supervolcanoes Could Grow Cars With Plugs
  • THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, August 17:

  • TTTA Thursday-Is The White House Hiding DOE’s Grid Study?
  • TTTA Thursday-Will The White House Hide The Climate Report?
  • TTTA Thursday-Crucial Transmission Line For Wind Denied
  • TTTA Thursday-Wind And Solar Are Saving Lives
  • THE DAY BEFORE THE DAY BEFORE

  • ORIGINAL REPORTING: Organizing California’s Distributed Energy Efforts
  • ORIGINAL REPORTING: A Deep Look At Evolving U.S. Efforts To Support Solar
  • THE DAY BEFORE THAT

  • TODAY’S STUDY: Big Growth In Customer-Sited Wind
  • QUICK NEWS, August 15: New Forest To Offset Bad U.S. Climate Policies Has 120,000 Pledges; Wind Becoming The Go-To Power; 88,000 Jobs And The Fight Over Solar Imports
  • AND THE DAY BEFORE THAT

  • TODAY’S STUDY: The Work On Tomorrow’s Grid So Far
  • QUICK NEWS, August 14: Climate Is The Elephant In The Room; Long-Term, NatGas Is Not The Answer; Why Wind Is Such A Good Choice
  • THE LAST DAY UP HERE

  • Weekend Video: Al Gore Talks With Bill Maher
  • Weekend Video: The U.S. Celebrates Its First National Wind Week
  • Weekend Video: Wind Is Just Beginning To Show Its Power
  • --------------------------

    --------------------------

    Founding Editor Herman K. Trabish

    --------------------------

    --------------------------

    Research Associate and Contributing Editor Jessica R. Wunder

    --------------------------

    --------------------------

    --------------------------

    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

    -------------------

    -------------------

      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

    -------------------

    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • WEEKEND VIDEOS, August 19-20:

  • Colbert On The Newest Climate Fiasco
  • Consumer Reports’ Tesla Vs. Bolt Face-Off
  • All About The Eclipse And The Power Grid

    Monday, March 03, 2008

    SOLAR WILL SOON BE $12 BILLION BUSINESS

    The involvement of Silicon Valley entrepreneurs in the solar energy industry is striking. Google's "RE < C" program aims to make New Energy (RE) cost less than coal (C). RE < C's biggest investment to date is in the concentrating solar industry. Vinod Khosla, Bill Gross and John Doerr are also very active in developing solar power plants.

    Elon Musk is backing a project to gather large groups of photovoltaic buyers so as to purchase solar systems at volume discounts. Still other Silicon Valley money is at work expanding the potential of thin film solar. That seems to be the area of biggest expansion right now, perhaps because of the big value jump by First Solar last year.
    (See FIRST SOLAR: FIRST IN SUN, FIRST IN EARNINGS)

    Either these folks are drunk on the power of their 90s successes in the digital world or they know something is coming.

    click to enlarge

    Solar Energy Market Will Soar to $12 Billion by 2012
    February 28, 2008 (SBI/PR Newswire via Yahoo Finance)

    WHO
    SBI (Tatjana Meerman, Publisher), a market research firm specializing in summarizing markets.

    WHAT
    The U.S. Solar Energy Market

    Impressive growth and more coming. (click to enlarge)

    WHEN
    - 2007: Solar energy industry revenues went over $3.8 billion
    - 2012: Solar energy industry revenues expected to nearly triple to $12 billion.

    WHERE
    Also in the report: Comprehensive data on shipments, sales estimates, 5-year projections for photovoltaic and solar thermal, profiles of energy market competition., analysis of key trends.

    Solar industry growth means job growth. (click to enlarge)

    WHY
    Growth will be driven past economic setbacks by (1) technological momentum, (2) increasing private-sector solar investment and (3) growing public-sector support.
    Obstacles: (1) economic (pricing, affordability, financing, adequate investment), (2) potential supply shortages (silicon and other raw materials), (3) unfavorable legal structures, (4) utility barriers and (5) need for a skilled workforce.
    The report offers a separate focus on concentrating solar power (CSP).

    The heat is on in thin film. (click to enlarge)

    QUOTES
    Tatjana Meerman, Publisher, SBI: "Solar energy is a rapidly growing industry, particularly now that the U.S. government seems to be getting behind solar energy…In the past, there was little support; however, recent incentives from Capitol Hill provide users of solar energy with tax credits and rebates on solar systems. Another significant movement was in 2006 when President Bush declared a Solar America Initiative, which provided solar energy manufacturers with funding to accelerate research and development and creating new technologies."

    0 Comments:

    Post a Comment

    << Home