When renewables-novice and coal champion Donald Trump won the US presidential election yesterday, the global energy industry gawked in horror. Initial review of the Republican billionaire’s energy plans might leave the impression that the progress clean energy sources have achieved so far will be undone. A deeper look into Trump’s energy policy under adviser Kevin Cramer reveals a siege on existing regulation and a roll-back on spending.
As Election Day inches closer, the prospect of ballot measure Amendment 1 becoming a bona fide constitutional amendment in Florida becomes even more pressing. In a press conference this week, former Florida governor and US senator Bob Graham detailed the shocking ramifications that the measure would have if it passed on 8 November.
Despite US solar rapidly transitioning from an alternative energy source into a leading energy solution in recent years, barriers in regulation, communication and technology still prevent the industry from taking off into the mainstream arena, according to a panel of experts at Solar Power International (SPI) 2016.
Growing 43% year over year in 2016, the US solar industry is taking off at a pace no one could have foreseen. Naysayers may cite the industry’s slow start, hampered by high upfront costs and initial niche appeal as reasons why solar still will not experience a consumer boom. But panellists at the opening session of the 13th annual Solar Power International convention made it clear just how solar energy could exceed expectations and is poised for not only growth, but mainstream acceptance.
With First Solar’s revenue and shipment guidance unchanged and basically locked-in for 2016, despite solar industry dynamics becoming increasingly fluid, filling demand for 3GW of thin-film module capacity in 2017 has become a priority for management as a rather large hole in bookings is proving difficult to fill.