This is your SolarWakeup for July 2nd, 2015

You’ve probably already heard all about it. Austin Energy went out for large scale solar and presented the results at an oversight hearing late last week. It’s worth a listen because it represents an interesting milestone in solar as some of the bids came in under $0.04/kWh. Many questions to be asked about the bids but Austin Energy calls them credible. Here is my fundamental takeaway. If $0.04/kWh works in Texas, where else does solar work or more importantly where doesn’t it? As you see utilities get more involved in solar, you can see why. The ‘solar is too expensive’ talking point is fading, quickly. Here is the presentation, around the 5 minute mark

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Have a great day!
Yann


This is your SolarWakeup for July 1st, 2015

Bill Gates is making headlines again regarding renewables by looking to invest $2billion in new technologies through research and development. While the author of the article argues that we should invest in policy and not technology, I think another route would be more efficient. Bill Gates needs to invest in the deployment of technology that typical investors would not invest in. Moreover, Mr. Gates should invest in projects that are not investment grade to really make a difference. The cost of technology is the factor making the biggest impact today. A small solar panel connected to a lightbulb and cell phone charge do far more than some new revolutionary power plant in many areas around the world. I wrote about this last year here

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Have a great day!
Yann