The current state of the solar industry can be explained by two numbers. $100/watt and 64GW. Those numbers are relevant because we are at a tipping point in our industry. 40 years ago, modules cost over $100/W and the market globally was 2MW, today modules are sub $0.50/watt and the market is 64GW globally. The tipping point is here because at our levels, margins now matter. Companies need to efficiently build projects, deploy capital and develop projects while keeping growth going. This year, we will shape our industry for the next 10 years. If you happen to be at the Reznick conference tomorrow, make sure to say hello and visit my panel at noon on solar M&A in the US.
- EcoWatch: This One Chart Says It All for the Future of Solar Energy
- Think Progress: Led By Solar And Wind, Renewable Energy Grew Like Never Before Last Year
- CleanTechnica: Why Energy Democracy Offers A Faster Approach To Clean Energy
- Renewable Energy World: Solar PV Module Recycling — Why It’s Important
- PV-Tech: Shunfeng to sell solar manufacturing operations to property tycoon
- Rocky Mountain Institute: Fannie Mae’s Financing for Solar – A Game Changer for the Solar Industry
- Greentech Media: Subsidy Cuts Will Cause a ‘Sharp Negative Turn’ in Japan’s Solar Market Through 2020
- AZ Daily Sun: APS seeks 8 percent rate boost, solar changes
Opinion
Have a great day!
Yann