On this page we present news from a variety of sources, attempting to bring well rounded facts from a wide pool of thought.
It is that time of the year, when industry analyst release a lot of reports and we reiterate what they say in our business plans, websites, and other media. I've followed these reports from a half dozen companies over the last decade, and gave marginal weight to a dozen other sources. You find the good analyst houses that know their stuff and you believe the news - much like following any investment research house. I am continually surprised to see just how close the majority of the reports are after their prediction cycle has passed and we can see the real historical data. It is also good to see that the technology choices we picked as a company are the ones that are succeeding and are predicated to succeed.
The report from Solarbuzz has some nice metrics...
- Globally the PV market grew by 34% during during 2012 and 2013
- 37 GW installed worldwide in 2013
- Between 40 to 46 GW earmarked for 2014
- PV manufacturing will grow substantially between now & 2018, reaching revenues of more than $200 billion
- PV module average selling prices (ASPs) will decline moderately over the coming years
By 2018, ASP is predicted to fall to $0.51/W, with system prices to fall year-on-year as well. This will mainly be a result of cost reductions in
balance-of-systems components and project developers/installers
introducing economy-of-scale improvements into their business models.
... and nearly fifteen times the amount installed in 2008. There are 12.1 GW
of PV operating in the U.S. with 140,000 individual solar installations during 2013 with a total of over 445,000 systems operating today. More solar was installed in the U.S. in the last eighteen months than in the 30 prior years. Solar accounted for 29% of all new electricity generation capacity in 2013, with SEIA forecasting 26%
PV installation growth in 2014. WA state ranked 23rd in installs, above Oregon & Minnesota. Residential installs reached 792 MW in 2013, a 60%
annual growth rate. Non-Residential reached 1,112 MW and Utility reached 2,847 MW or 58%
growth over 2012. Average residential installs are $4.59/W, Non-Residential $3.57/W, and Utility $1.96/W - installed PV prices vary greatly from state to state and project to project.
You can read the official report summary here:
The U.S. now has more than 10 gigawatts (GW) of installed solar PV
capacity, according to new calculations from NPD SolarBuzz. They are still forecasting a total of 4.3 GW install capacity for this year alone, with the majority of the U.S. solar market realized in the second half of the year, much like we saw in 2012.
SolarBuzz expects the market to hit 17 GW by the end of 2014, representing 80 percent growth over 18 months. Worldwide solar PV demand reached 15 GW through the first six months of
this year, roughly a 9 percent increase from a year ago, and cumulative
solar PV installations are about 116.5 GW. For more read: http://www.solarbuzz.com/news/recent-findings/us-reaches-milestone-10-gigawatt-solar-photovoltaic-capacity-according-npd-sola
The average residential PV system price fell below $5.00/W, while the average non-residential system price fell below $4.00/W, according to SEIA & Greentech Media's U.S. SOLARMARKET INSIGHT REPORT Q1 2013. PV installs are taking off with solar accounting for 49% of new electric capacity in the US. The residential market grew 53% over Q1 2012 and 11% over Q4 2012. The utility market more than doubled year-over-year, with 24 utility PV projects completed in Q1 2013. The GTM Research/SEIA report
predicted "that the next four years will be marked by a new solar
revolution in the U.S., this time driven by the distributed generation
(DG) market." Residential and commercial solar markets have
historically been limited by availability of state and utility-level
incentives, solar has now become cost-effective in some markets with
only the federal investment tax credit (ITC), accelerated depreciation
and net metering.
Global installed PV
capacity surpassed 101 GW in 2012, according to data published by the European Photovoltaic Industry Association (EPIA). Between 30 and 32 GW was connected to the grid and made operational globally in 2012, roughly the same amount added in 2011- a boom year. In 2012, the top three European PV
markets were Germany (7.6 GW), Italy (3.3 GW) and France (1.2 GW).
Outside of Europe, the top three markets in 2012 were China (between 3.5 and 4.5 GW),
the US (3.2 GW) and Japan (2.5 GW). EPIA will publish the final
figures for 2012 in May. Germany and Italy remain the largest solar markets by far in
terms of Total Installed Capacity. At the end of 2012, Germany had 32.4
GW of installed PV power and Italy had approximately 16.2 GW.
For news you won't here from the mainstream US 'press' ...
According to the head of Duke Energy Corp.'s renewable-energy development unit, the U.S. will add more solar power in 2013 than wind energy for the first time. The U.S. added 13.1 gigawatts of wind power last year, beating natural gas for the first time. The U.S. installed about 3.2 gigawatts of solar power last year and may reach 3.9 gigawatts this year, according to data compiled by Bloomberg.
Steve Reeves, CTO of PureSolar, Inc. will be talking to the E&P program
at The Evergreen State College on Friday, February 8, from 3-5 pm. He’ll
discuss the path to PureSolar, exploring real-world aspects of
entrepreneurship. Attendees will walk away understanding the basics of PV
systems and the manufacturing of PV modules, as well as key success steps of
PureSolar and its history. PureSolar’s product line, customer base and future
goals will be uncovered, discussion of the companies competencies and available services. The presentation will show the
current manufacturing tools, both hardware and software, and delve into our unique
PureSolar – locally manufacturing your energy
13.2% US solar job growth in the last year - New PV installations in 2012 will grow by around 11% on 2011 to 31GW worldwide
The Solar Foundation (TSF) announced statistics that show despite recent setbacks and reports of layoffs, the U.S. solar industry is expanding at nearly six times that of the overall economy. The report, National Solar Jobs Census 2012
, states that 13,872 new jobs have been added by the solar industry in the U.S., bringing the total number 119,016. Compare that with an overall U.S. economy rate of 2.3% and -3.77%
for fossil fuel electric generation industry, which lost 3,857 jobs in
the same period (coal industry is relatively small, employing just 86,000 people in 2011 - that is less than 0.06% of all US jobs). The report states that manufacturing compromises just under 14% of total jobs, while sales and EPC services rounds up most of the remaining positions. These are distributed clean-energy jobs all over the country.
The U.S. now has enough installed solar capacity to power nearly a million households. Currently, total installed solar capacity in the U.S. adds up to 5.7 gigawatts
(5,700 megawatts). By the end of 2012, it is expected that another 3.2
gigawatts will be added, nearly doubling last year’s growth. Estimates
indicate that 2013 will see the addition of another 3.9 gigawatts of
solar capacity in the U.S.
September 2012, the Solar Energy Industries Association (SEIA) and the Vote Solar Initiative (Vote Solar) published a report naming the companies using the most solar on their facilities in the U.S. The "Top 20" (in terms of on-site solar capacity deployed) are: Walmart
(WMT), Costco (COST), Kohl’s Department Stores (KSS), IKEA, Macy’s (M),
McGraw-Hill (MHP), Johnson & Johnson (JNJ), Staples, Inc. (SPLS),
Campbell’s Soup (CPB), Walgreens (WAG), Bed, Bath & Beyond (BBBY),
Toys ‘R’ Us (TOY), General Motors (GM), FedEx (FDX), White Rose Foods,
Dow Jones (DJ), Snyder’s of Hanover (LNCE), ProLogis (PLD), Hartz
Mountain Industries, and Crayola. See the full report at www.seia.org/SolarTop20
. The "Top 20" installations generate a combined estimate of $47.3 million worth of electricity each year.
Other companies that are significant users of solar include Apple,
Bloomberg LP, Del Monte Foods, GE, Google, Intel, JC Penny, Kaiser
Permanente, Lackland Storage, Lord & Taylor, L’OREAL USA, MARS
SNACKFOOD, US Foods LLC, Stop and Shop, Merck, REI, SAS Institute Inc.,
and Tiffany & CO. “These companies know that solar energy allows them to reliably manage
their long-term energy costs and in turn also helps to keep their
customer prices low,” said SEIA President and CEO Rhone Resch. “Solar
helps these top American companies focus on their core business by
reducing overhead costs.”
"The United States pays $22 in subsidies to oil, coal, and nuclear power
for every $1 invested in renewable energy" - former U.S. president, Bill Clinton, addressing the 2012 Solar Power International trade show. He went on to say "An enormous number of people
don’t know that solar is affordable now" and "The U.S. has paid oil subsidies since 1916, (the oil companies) sink dry wells and still get the tax credit.” Even Texas alone employs more clean tech workers than there are coal workers in the entire country.
In getting a grasp of the energy industry, the report “Red White & Green: The True Colors of America’s Clean Tech Jobs", by Nancy Pfund and Michael Lazar
- “Three states all by themselves each have more clean tech
workers than all the coal mining workers in the USA.”
- “The total number
of Americans working in clean tech is many times the size of those in
- "Clean tech may mean a debate in Washington, but it means jobs everywhere else.”
So if the key phrase is "Jobs, Jobs, Jobs", then we all should be saying "Clean Tech, Clean Tech, Clean Tech". For PureSolar that would be "PV, PV, PV"!
Tumwater, Washington, June 18, 2012. Ray LaForge, former founder and owner of Olympic Outfitters, Inc., an outdoor recreational equipment retailer, and a former owner of Ramblin' Jacks restaurant was recently hired as CFO of fast-rising PureSolar, Inc. Ray is a past president of the Olympia Downtown Association and was awarded the association's "Man of the Year" designation. Other board memberships have included Olympia Rotary Club, Big Brothers and Big Sisters of Thurston County and Thurston-Mason Red Cross. Ray is currently serving on the SPSCC Foundation Board and the Thurston First Bank Board.
PureSolar, Inc. (PSI) is a manufacturer of simpler,
safer & smarter photovoltaic modules and surfaces in a brand new,
state-of-the-art facility located at the site of the former headquarters of
Harbor Wholesale Foods in Tumwater, WA. PSI’s technology contains advancements
internally and externally to speed up installation, assure higher standards of
safety to installers, end-users, service personnel and firefighters, and closely
monitor performance for quality and warranty assurances.
PureSolar also provides EPC (Engineering,
Procurement and Construction) services for commercial and industrial level
photovoltaic installs. They specialize in projects that conform to the WA State
Community Solar definition (an example of which is the community solar project
at the new Hands On Children’s Museum in Olympia, WA set to be unveiled later
this year), but also have experience on board for traditional solar projects. PureSolar
can design the installation, provide the legal structure, procure the necessary
materials, and project-manage construction - all as a one stop shop.
Other projects for the solar firm include the introduction of the iStop™, a fully autonomous solar structure instantly deployed on your site with capabilities for electric-vehicle or portable device charging, wireless internet access, led lighting, and touch screen digital displays. iStop™ will be sold through a
distributor in Seattle, WA, and through PSI for some local and large-scale commercial
While its products and services are tailored
towards large commercial and industrial entities, PureSolar’s next generation photovoltaic
modules will be made available to the general public in 2013.