GROWING SOLAR ENERGY INDUSTRY - HELP THE PLANET & BUILD PASSIVE INCOME

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SOLAR DOMINANCE

In the next year, the solar industry will develop, construct and finance $25 billion to $30 billion in solar assets. It will build 20 to 25 percent of the country’s new electricity capacity, and will continue to employ hundreds of thousands of people.

In the next year, the solar industry will develop, construct and finance $25 billion to $30 billion in solar assets. It will build 20 to 25 percent of the country’s new electricity capacity, and will continue to employ hundreds of thousands of people. The core drivers for this success are 1) public support; 2) rapid technological evolution that drives cost reduction and increased efficiency; and 3) significant and increasing support for the solar asset class by institutional investors.

By 2022, we fully expect solar to be the dominant source of new electricity generation in the United States.

America supports solar

Despite the current political headwinds, Americans overwhelmingly support renewable energy and believe climate change is real. As poll after poll demonstrates, we give priority to alternative energy sources, overwhelmingly support conservation of energy over extraction, and prioritize the protection of the environment over the amount of energy we produce -- now, more than ever.

This broad public support will be important in the next decade as we continue to invest in the infrastructure required to support a renewable grid (and we will need to). Depending on geography, solar and wind will scale to provide 35-40 percent of our country’s energy, and in real time, sometimes much more. As we’ve noted in the past, solar projects will do so at increasingly low costs, and will begin to compete head-on with natural gas. 

Learn how you can join our movement to connect the world to sustainable technologies. LEARN MORE 

Sincerely—Jonathan Lightning

This article was published on 01.03.2018 by Jonathan Lightning
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