NewEnergyNews: SOLAR WILL SOON BE $12 BILLION BUSINESS

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  • FRIDAY WORLD HEADLINE-The Cost Of Climate Change
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  • FRIDAY WORLD HEADLINE-Porsche EV Build Adds 1400 German Jobs
  • FRIDAY WORLD HEADLINE-Ireland Wave Energy Opportunity ‘Endless’
  • THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, July 28:

  • TTTA Thursday-Those Concerned About Climate Change Are “Brainwashed” – Repub Leader
  • TTTA Thursday-Bernie Makes The Case For Hillary On Climate Change
  • TTTA Thursday-President Obama Ups Spending On Solar-For-All
  • TTTA Thursday-New Economics To Spur EV Growth
  • THE DAY BEFORE THE DAY BEFORE

  • ORIGINAL REPORTING: How utility-solar collaborations are helping solar grow
  • ORIGINAL REPORTING: GE’s digital power plant
  • ORIGINAL REPORTING: The now and future impacts of energy storage
  • THE DAY BEFORE THAT

  • TODAY’S STUDY: New Energy Now
  • QUICK NEWS, July 26: How Smart Buildings Can Use New Energy; U.S. Ocean Wind Industry About To Be Born; Idaho Farmers Sow Solar, Reap Rewards
  • AND THE DAY BEFORE THAT

  • TODAY’S STUDY: How Utility Rates Can Let New Energy Make The Grid Stronger
  • QUICK NEWS, July 25: The Solar Numbers; Target Targets Wind; Wave Energy Gets Lloyd’s Approval For First Time
  • THE LAST DAY UP HERE

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  • --------------------------

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

    Anne B. Butterfield of Daily Camera and Huffington Post, f is an occasional contributor to NewEnergyNews

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

    Some of Anne's contributions:

  • Another Tipping Point: US Coal Supply Decline So Real Even West Virginia Concurs (REPORT), November 26, 2013
  • SOLAR FOR ME BUT NOT FOR THEE ~ Xcel's Push to Undermine Rooftop Solar, September 20, 2013
  • NEW BILLS AND NEW BIRDS in Colorado's recent session, May 20, 2013
  • Lies, damned lies and politicians (October 8, 2012)
  • Colorado's Elegant Solution to Fracking (April 23, 2012)
  • Shale Gas: From Geologic Bubble to Economic Bubble (March 15, 2012)
  • Taken for granted no more (February 5, 2012)
  • The Republican clown car circus (January 6, 2012)
  • Twenty-Somethings of Colorado With Skin in the Game (November 22, 2011)
  • Occupy, Xcel, and the Mother of All Cliffs (October 31, 2011)
  • Boulder Can Own Its Power With Distributed Generation (June 7, 2011)
  • The Plunging Cost of Renewables and Boulder's Energy Future (April 19, 2011)
  • Paddling Down the River Denial (January 12, 2011)
  • The Fox (News) That Jumped the Shark (December 16, 2010)
  • Click here for an archive of Butterfield columns

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    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

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  • It’s Real And It’s Happening Now
  • Solution – Energy Efficient Buildings
  • Solution – The Return Of Hydropower

    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."

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