James Hughes, CEO of First Solar, recently gave a hugely interesting interview to Australia’s Renew Economy in which he discussed his company’s future, the state of the global solar market.
Hughes’ views on utility scale v. rooftop solar are intriguing and worth reading, as First Solar is one of the largest solar manufacturers in the world and a major player in the U.S. utility-scale solar market. The company has paid considerably less attention to small-scale commercial and residential solar, and this focus is reflected in Hughes’ comments about the future of distributed renewable energy generation: Keep reading →
The appeal of distributed generation is growing as the economics improve sharply, and a perfect storm of delayed infrastructure investment, falling prices for distributed renewable energy sources and a series of high profile centralized transmission grid failures mean the business is approaching a “tipping point.”
“We’re looking at a mass exodus away from the centralized utilities,” Gen110 Co-founder and CEO Jason Brown told Breaking Energy in a recent follow-up to an interview following a successful round of fund-raising by heavy-hitter venture capital firms earlier this year. Since the beginning of the year Gen110 has gone from being able to meet utility prices for electricity provision for one in ten homes to forecasting it will be able to match utility rates for three in ten by the end of this year. Keep reading →