First of course, here’s the podcast – Episode 29!
Now, to the news!
Big banks looking hard at renewables mean money will become available. Goldman Sachs says solar to enter ‘secular growth’ – a period very positive for investment.
Mr. Fink is now calling on all companies “to disclose a plan for how their business model will be compatible with a net-zero economy,” which he defines as limiting global warming to no more than 2 degrees Celsius above preindustrial averages and eliminating net greenhouse gas emissions by 2050 – NYTimes
JinkoSolar begins construction on world’s largest solar cell factory – 20 GW/year capacity
Covering an area of around 666,500 square metres, in-house solar cell capacity will increase from ~11GW, to more than 30GW by the end of this year. Jinko will third-largest solar cell manufacturer in the world, following Tongwei (40GW) and Aiko (32GW). Phase I of the Chuxiong facility, which will have a cell production capacity of 10GW, is scheduled to be commissioned by April 2021. It will enable Jinko to double production of its Tiger Pro series module this year, the company states. – PV Tech
That same amount of money bought 4.3 times more solar hardware in 2020, versus 2011. And the solar hardware bought in 2020 was better – generating more solar electricity than its forebears.
In 2011, $150 billion installed 30 GWdc of solar.
In 2020, $150 billion installed 130 GWdc of solar.
— Commercial Solar Guy (@SolarInMASS) January 23, 2021
A collection of big swings by Joe Biden:
- The US re-joins Paris Climate Agreement.
- Renewable supportive new head of FERC – Utility Dive
- All federal vehicles to go electric, estimated at 645,000 units – Electrek
Our collection of combined ways we can generate energy for our bodies (food) and our machines (electricity) – ocean floating solar+seaweed.
The current solar plant, which with the seaweed nets is set on 61,000 kg of steel anchors with 11m-long, 2.5t buoys, is designed to withstand waves of up to 13m. – Smart Energy
Cool, curved, solar carport – that’s it, nothing deep. Good engineering – LinkedIn
This past week, we published an article looking at the financial benefits – and thus political – of distributed solar. This logic of distributed energy having strong political support comes from places where this is true – like Germany. It’s simple like this – everyone makes some money, and so everyone supports it even if it costs more.
In 2020, around 30% of the installed RES capacity is owned by private individuals, 10% by farmers, 13% by business, 14% by project developers, 14% by fonds or banks, and only 17% (!) by traditional energy utilities. pic.twitter.com/V6Nns5xi4P
— Philipp Litz (@PhilippLitz) January 17, 2021
Big corporate buyers of electricity are starting to place demands on their politicians to force a clean power grid because 1. It’s cheaper, and 2. Customers are demanding clean energy.
Federal policy priorities for a customer-centric clean energy transition: 1. Leverage organized wholesale electricity markets for grid decarbonization; 2. Decarbonize the grid for all; 3 – Support innovation to advance a resilient, affordable, clean energy system – Greentech Media
A regular argument from clean energy haters is that we cannot yet make clean energy hardware without fossil fuels. This is a dumb argument, as we all know there is a *transition* ongoing…but anyways – that argument is going away:
@meyerburger is a member of @ultralowcarbon and endorses sustainability in the solar supply chain. Fairly and low-carbon footprint made high-efficiency solar modules "Made in Germany" and using 100% renewable energy in the production process will become available from Q2 2021 https://t.co/chG3MKni8z
— Gunter Erfurt (@GunterErfurt) January 21, 2021
And the last of our news – and definitely not the least, in fact, this is huge. This is an electricity utility saying they’re ok with a contractor attaching to the grid immediately upon signing a contract. Months and months of waiting, gone! Only for residential though…but a CommercialSolarGuy can have hope right?
Hawaiian Electric, “solar systems that meet basic requirements to be installed and energized without full prior approval from Hawaiian Electric. This should reduce the time between a customer signing a contract for a new system and beginning to save money by using self-generated electricity – Hawaiian Electric
And last but not least – the podcast: