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

THINGS-TO-THINK-ABOUT THURSDAY, December 14:

  • Loyalty Slipping In Climate Change Loyal Opposition
  • Research Shows EVs Can Go Much Farther
  • Booming Solar Faces Tricky Future
  • Wind Floats!

    THE DAY BEFORE

  • ORIGINAL REPORTING: How California Is Easing Off NatGas With New Energy
  • ORIGINAL REPORTING: Illinois cloud computing debate could open utility rate reform
  • THE DAY BEFORE THE DAY BEFORE

  • TODAY’S STUDY: The Value Of Transportation Elecrification
  • QUICK NEWS, December 12: The “Fight-Climate-Change” Diet; Market For Advanced EV Batteries To Quadruple By 2026; The Low Lifecycle Costs In New Energy
  • THE DAY BEFORE THAT

  • TODAY’S STUDY: How The New Energy Marketplace Is Growing And Shifting
  • QUICK NEWS, December 11: N.C. Millennial Women Unite For Climate Fight; The White House Threat To New Energy; What’s Bad News In The Tax Bill For New Energy
  • THE LAST DAY UP HERE

  • Weekend Video: Tesla Adds World’s Biggest Battery To Aussie Wind
  • Weekend Video: Solar And The Next Utilities
  • Weekend Video: Wind Builders On Wind
  • --------------------------

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

    Founding Editor Herman K. Trabish

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

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

    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.

  • ---------------
  • FRIDAY WORLD, December 15:

  • Study Concludes 2016 Heat Was Human-Caused
  • The Big Opportunity Under Africa’s Sun
  • Wind In The Netherlands To Fly Subsidy Free
  • China To Open EV Vending Machines

    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