Solar is Booming

Jump to Last Post 1-2 of 2 discussions (4 posts)
  1. kerryg profile image86
    kerrygposted 10 years ago

    I doubt the facts are going to matter much now that Republicans have latched onto the Solyndra solar “scandal.” After a few dozen Solyndra hearings like the one in the House today, nobody’s going to remember the Bush administration was just as hellbent to make this loan. Nobody’s going to care that all successful loan programs have failures, that the Solyndra venture was barely 1% of the Energy Department’s $40 billion clean-energy portfolio, that there will still be over $2 billion in reserves for busted loans no matter how Solyndra shakes out. That’s politics.

    But I do want to push back against the idea that Solyndra’s failure reflects some kind of failure of the solar industry. That’s just wrong. The solar industry is on fire, thanks to the same collapse in prices that doomed Solyndra.

    It’s true that these are tough times for solar-panel manufacturers. Solyndra had a cool technology, but it couldn’t produce panels cheap enough to compete with Chinese manufacturers that received over $30 billion in government funding last year.  But in just the last two months, about 7,000 megawatts of new solar projects were added to the U.S. pipeline. That’s the equivalent of seven nuclear reactors, which is seven more than we’ve built in the last three decades. And that doesn’t include residential projects, like the unprecedented “Solar Strong” effort to install photovoltaic panels on 160,000 rooftops on military housing that was just announced last week. The U.S. solar market doubled last year, and it’s expected to double again this year. How many other industries are growing that fast in this economy?

    It never ceases to amaze me how Washington wise men seem to think of renewable energy as some kind of gee-whiz Jetsons technology. I was on some TV show with Sam Donaldson after Fukushima, and he scoffed that maybe we’d have wind and solar someday, but not in his lifetime. Dude! It’s here! Wind is now a bigger employer than coal. Solar is finally scaling up, which is why its costs are falling down.

    The collapse of Solyndra is an embarrassing bump on the road to a clean-energy future. Maybe it’s a coincidence that the politicians who are hyping Solyndra tend to be the politicians who want to close that road. But we’re getting farther down the road than people realize. And it’s taking us where we need to go.

    More at the source: … z1Y2NGKpk1

    1. Cogerson profile image79
      Cogersonposted 10 years agoin reply to this

      I agree with most of what you have written....but it should be noted that in Jan 09(Bush's last month)....the committee that approves these loans rejected the loan for concerns of their ability to pay back the loan....6 months later...they had the money.....I think the future is going to be solar power.

    2. CHRIS57 profile image59
      CHRIS57posted 10 years agoin reply to this

      I don´t understand why there is so much focus on solar energy. The commercial gap between solar and conventionel (fossile, nuclear) energy is very large. Photovoltaic energy needs more that 1 USD/kWh to have a business case, that is 20 times more than conventionel energy.
      The other renewable energy - wind power - is much much closer to conventional energy (only twice at 10 cents/kWh compared to 5 cents/kWh conventionel).
      Why not pay attention first to wind power. Not too far in the future gas will sell for 8 USD/gallon and at that time whe should have a break even with wind power.
      At the end of the day it is all a matter of money, of economic feasibility.

  2. livelonger profile image90
    livelongerposted 10 years ago

    I'm not sure how competitive we'll be in the short- to medium-term with respect to solar technology, in terms of "our" companies, but I think it's exciting that China and a lot of other countries' investment means that efficiency gains and manufacturing scale will come sooner than any of would have probably projected.

    Thanks for the article, kerryg - provides much-needed perspective when we're about to be embroiled in another bout of spun controversy. tongue


This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
ClickscoThis is a data management platform studying reader behavior (Privacy Policy)