Economic Reality. Energy and power makes up nearly 6% of the entire economy as a percentage of the total GDP, which doesn’t seem like a lot (though it’s nearly $2trillion dollars) but here’s the kicker. Energy is the first 6% of the economy, meaning the other 94% of the economy wouldn’t happen without it. Electricity alone was half a trillion and that will grow given the incredible growth in power hunger by digital players. That’s what we fight for every day, and while producing the most valuable of all GDP dollars, churning the economic engine ourselves, at factories, at job sites, law offices, development teams and bankers. From DC to the Central Valley farms and Midwest lands, solar is growing its importance and mark on the economy.
- Bloomberg: Why America Needs to Restore Its ‘Essential Economy’ and Embrace AI
- Axios: Data center developer’s IPO shows more confidence in power and AI
- Utility Dive: Newsom vetoes bill to codify load flexibility in California grid planning
- Reuters: India may cancel at least 3–4 GW of solar tenders rushed to beat import rules, source says
- PV-Tech: Perovskite-based PV technologies could dominate within a decade, says Qcells CTO
- Canary Media: Trump admin targets blue-state grants meant to ease US electricity woes
- PV-Magazine: Arkansas to build 600 MW solar project for Google’s $4B data center
Opinion
Best, Yann