Posted On: 09/24/2016 10:43:48 PM
Post# of 65629
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An entire industry destroyed by politics and natural gas.......the weight though is solely political.
And no it is solar that is about to get destroyed. that industry survives on subsidies only....just can not do that forever...
An entire industry destroyed by.....change. And by the all too obvious destruction of the health of those who do the extraction and of those who inhale.
Automobiles were subsidized by government road building.
The notion that solar is about to be 'destroyed' is, well, silly.
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Solar as an Economic Engine
Nearly 209,000 Americans work in solar - more than double the number in 2010 - at more than 8,000 companies in every U.S. state. By 2020, that number will double to more than 420,000 workers.
If they started building solar panel factories in Appalachia, whining about subsidies would subside right the f*ck quick!
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Growth in Solar is led by Falling Prices
The cost to install solar has dropped by more than 70% over the last 10 years, leading the industry to expand into new markets and deploy thousands of systems nationwide.
Q2 2016 Solar Market Update: Key Takeaways
•Over 4 GW installed in 1H 2016 ◦45% growth in Photovoltaic (PV) market over 1H 2015
◦Q2 2016 was largest non Q4 ever
•Nearly 32 GW of total solar capacity now installed ◦CAGR of 58% since 2010
◦Generates enough electricity to power 6.2 million homes
•Solar prices dropped 18% from Q2 2015 to Q2 2016 ◦Price drop is seen across all market segments
◦Prices have dropped 63% since 2011
◦Utility-Scale PPAs now signed for $0.03 - $0.05/kWh
•Through Q2 2016, Solar represents 26% of all newly installed electric capacity ◦With big 2H 2016 expected, could end year ahead of Wind, NG
•In Q1 2016, hit 1 million solar installations ◦Will hit 2 million installs in just 2 years
http://www.seia.org/research-resources/solar-industry-data
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