Key speakers at Solar Future 2012 conference expect US solar market to boom in 5 years

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email

Former CEO of the Carbon War Room, Jigar Shah, and Eric Graber-Lopez of BlueWave Capital will both be speaking at the May 11-12 Solar Future Eastern USA 2012 conference and both agree that within the next five years solar energy in a large part of the US will be cheaper than power from the grid. They cite the continued drop of solar panel costs, combined with transportation costs of electricity increasing as the factors leading to such an expanded solar market.

“The awakening of the US solar market will be driven by grid parity within each region. Federal incentives provide a good foundation for the expansion of the solar industry but state-level incentives are still needed to truly make solar energy competitive in each regional market. Over the next five years we believe that solar power will reach grid parity in a large portion of the US market, thus opening up the opportunity for significant expansion of the industry in the years to come,” says renewable energy advisor Graber-Lopez.

Solar Future notes that, currently, the US is the 4th solar market in the world and, expecting to follow China’s lead, a country that went from 7th place to 3rd, growing from nearly 500MW to 2.5GW, notes that the US has shown signs of improvement, increasing its solar market from 900MW to 2GW last year.

Jigar Shah called the US market “a slow and steady market because it insists on providing only reasonable market based incentives for solar. This approach has resulted in a stable market with sustainable growth that should lead to a market of over 10GW annually from 2016 and 25GW from 2020.

Shah expects that 2012 will bring increase solar in states such as New Jersey, Pennsylvania, Massachusetts, Delaware, New York and DC. Additionally, he expects new states to join the solar world including New Hampshire, Rhode Island, Vermont and Maine.

Graber-Lopez also sees opportunities in the Eastern US, stating, “They are and will continue to be driven by performance based incentives such as Solar Renewable Energy Certificates (SRECs). The primary markets for solar in the Eastern US are New Jersey, Massachusetts, Pennsylvania, Maryland, Delaware, and Ohio. In addition, we expect New York to play a larger role in the industry over the next few years.”

9 December 2021
The Smart Energy Council is hosting Australia’s second Virtual Smart Energy Conference and Exhibition on Thursday, 9 December 2021. This event will show that the industry powers on despite COVID-19 and we are standing together undeterred in spirit. Bringing our global community together using the latest technology.
13 January 2022
Intersolar North America and Energy Storage North America “Come Together” for the first time in Long Beach, CA—connecting installers, developers, utilities, technology providers, policy makers, and key stakeholders from around the world to advance the clean energy future. With best-in-class conference programming, integrated exhibits and pavilions, and the live Solar Games installer competition, #isnaesna21 will showcase the industry trends, innovative solutions, and emerging talent transforming the solar, energy storage, and e-mobility markets. Register today to redeem our exclusive offer for PV Tech readers—free expo hall or 20% off full conference pass.
1 February 2022
As Solar Finance & Investment enters its ninth year, we sit on the cusp of a new power market with solar at its heart. The 2022 edition of the event will build on our years of expertise and relationships to bring investors and lenders together with top developers. Connect with leaders in the field and use exclusive insights to drive investment and development decisions for the future. Meet new and existing project partners at the largest gathering of European solar investors and lenders.
23 February 2022
Held annually since 2016, the Energy Storage Summit Europe is the place to be for senior stakeholders in the European storage industry. Designed to accelerate deployment of storage, we examine evolving chemistries, business models, project design, revenue stacks and use cases for storage. The 2022 edition will include exclusive content around longer duration solutions, energy strategies for wide-scale deployment of EVs and "EnTech", the event which sits at the intersection of digitisation, decentralisation and decarbonation of the power system. Come to meet TSOs, DSOs, Utilities, Developers, Investors and Lenders and leave with new contacts, partners and a wealth of information.
7 March 2022
Take your chance to join the most powerful platform in the MENA region. Middle East Energy (MEE), Intersolar, and ees, the leading energy exhibitions are joining hands to co-deliver an outstanding renewables and energy storage event at Middle East Energy 2021. Renewables and energy storage at MEE is the largest gathering of solar and renewable energy industry professionals in the Middle East & Africa, offering the most effective trade focused platform to international manufacturers and distributors looking to meet regional buyers.
23 March 2022
When it comes to storage, the US market exceeded a gigawatt of advanced energy storage installations (weighted towards lithium ion) at 1.46 GW, more than the previous six years in total! An exponential growth rate could see the market hit 7.5 GW p.a. by 2025. The summit will provide a wealth of content around this vital piece in the US power puzzle, with sessions dedicated to explore how companies are making money from batteries, the latest chemistries and their applications as they apply to different use-cases. We ask how investors can match ESG criteria to batteries and we will bring case studies of successful deployment and project execution onto the stage to examine how you can ensure your own projects are successful.

Read Next

December 3, 2021
Norwegian module marketplace company Otovo has launched in Germany, with the company expecting 1,000 new customers over the next year
December 3, 2021
Solar investor and asset manager NextEnergy Capital Group (NEC) has secured backing from the UK Infrastructure Bank for a new fund that aims to raise £500 million (US$663 million) to invest in subsidy-free solar power plants in the UK.
December 3, 2021
Indian independent power producer (IPP) ReNew Power has signed an agreement with Indian engineering giant Larsen & Toubro (L&T) to develop green hydrogen facilities, becoming the latest PV developer to do so after a string of recent announcements
December 3, 2021
Koch Engineered Solutions (KES) LLC has acquired US engineering, procurement and construction (EPC) firm DEPCOM, which specialises in utility-scale solar PV projects, for an undisclosed amount
December 3, 2021
Heterojunction cell and module manufacturer Meyer Burger has reduced module output at one of its production plants in Germany as COVID-19 is causing above-average workforce absences due to illness and quarantine orders.
December 3, 2021
Tianjin Zhonghuan Semiconductor (TZS) has become the latest solar wafer manufacturer to cut prices, while also launching a new 218.2mm-size wafer.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
February 1, 2022
London, UK
Solar Media Events
February 23, 2022
London, UK
Solar Media Events
March 23, 2022
Austin, Texas, USA
Solar Media Events
March 29, 2022
Lisbon, Portugal