Solar Competition in a Darwinian Marketplace

Green Is Money

Arno Harris, CEO of Recurrent Energy, a developer of large utility solar projects was asked by Russell Gold, energy reporter with the WSJ about bankruptcies among solar energy companies.

This was his response.

“Nobody wants to see that kind of trouble, we think about jobs lost, it’s extremely painful. However, you have to put it in context. This is fundamentally a very exciting transformation This is an industry that in the last 10 years has taken the cost of solar panels from $5 per watt to around $.50 per watt.  As result of this transformation, it has moved solar power from one of the most expensive sources of electricity to one of the second or third least expensive sources of electricity.

Inevitably, a part of that process is going to be the creation of a very Darwinian, challenging environment, in which those who cannot keep up with the cost structure…

View original post 58 altre parole

Lascia un commento

Inserisci i tuoi dati qui sotto o clicca su un'icona per effettuare l'accesso:

Logo WordPress.com

Stai commentando usando il tuo account WordPress.com. Chiudi sessione / Modifica )

Foto Twitter

Stai commentando usando il tuo account Twitter. Chiudi sessione / Modifica )

Foto di Facebook

Stai commentando usando il tuo account Facebook. Chiudi sessione / Modifica )

Google+ photo

Stai commentando usando il tuo account Google+. Chiudi sessione / Modifica )

Connessione a %s...