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Industry Week (December 4)

2017/ 12/ 06 by jd in Global News

“Investments in electric cars may soon begin to do to the transportation sector what wind and solar have done to the power sector: turn the pollution curve upside down. The price of battery packs has been plummeting by about 8 percent a year, according to Bloomberg New Energy Finance, and electric cars are now projected to become cheaper, more reliable, and more convenient than their gasoline-powered equivalents around the world by the mid-2020s.”


Bloomberg (April 4)

2016/ 04/ 05 by jd in Global News

“Foxconn’s chairman won’t have long to celebrate.” The takeover of Sharp will prove far easier than its turn around. “With a sprawl of businesses making appliances, solar equipment and flat panels for mobile devices, Sharp is seeing its earnings deteriorate every quarter, yet as part of the rescue deal, Gou pledged to keep the company intact, respect its independence and try to preserve jobs.”


Financial Times (June 14)

2015/ 06/ 15 by jd in Global News

“The slow pace of the shift away from fossil fuels is evidence of their compelling advantages in terms of cost and convenience. Tackling the threat of catastrophic climate change cannot rely on wind and solar power alone but requires multiple changes, including a shift within fossil fuels away from coal towards gas.”


LA Times (March 12)

2015/ 03/ 14 by jd in Global News

“California leads the pack with the share of electricity from renewable sources, more than doubling from 12% in 2008 to 25% today. In that period, private companies invested more than $20 billion in new renewable power plants here. California is home to the largest geothermal, wind, solar thermal and solar photovoltaic power plants in the world.” By2030, California is aiming to reach 50% renewable energy, after which fossil fuels will become “the alternative energy.”


Business Green (April 18)

2012/ 04/ 20 by jd in Global News

A new report from McKinsey “predicts solar power will be cost competitive with fossil fuels in hot countries within two to three years.” Capacity is likely to double within five years. The consulting firm’s report also predicts that costs will decrease 10% annually through 2020 when “costs could decline to $1 per watt peak (Wp) for a fully installed residential system.”


Bloomberg (May 26)

2011/ 05/ 29 by jd in Global News

Solar is sliding down the cost curve even as cell efficiency climbs. Solar may soon beat the electricity rates set by utilities. “The cost of solar cells, the main component in standard panels, has fallen 21 percent so far this year, and the cost of solar power is now about the same as the rate utilities charge for conventional power in the sunniest parts of California, Italy and Turkey.”


New York Times (October 28)

2010/ 11/ 01 by jd in Global News

In 2005, Congress decided public land should be used to build enough solar, wind and other sustainable energy projects to power 5 million homes. Yet, almost nothing was done. Real action is now being taken, but the U.S. has “fallen far behind Europe and China, which are investing heavily in the industries that manufacture wind turbines and solar panels.” The New York Times calls on President Obama and the Congress to pick up the pace because “no industry has greater potential to create jobs than clean energy.”