maandag 10 januari 2011

German politicians are the trainers of the solar industry

Feed-in tariff schedule for coming years will design the roadmap to grid parity in the world

What will happen with the global market demand for solar PV in 2011? Will we see another magnificent year like 2010, with a record growth of 80% compared to 2009? Or will the global market shrink or grow just modestly, due to a collapsing German market as a result of politicians trying to break the world’s leading market? In this case it could lead to an industry facing oversupply, price erosion and an industry consolidation, with German companies facing financial problems or even bankruptcy. This scenario would mean that a lot of the invested money and the jobs created over the last decade will get lost.

Unrealistic but phenomenal growth in 2012?
What is the problem? The German market grew almost 90% compared to 2009, leading to more than 7000 MW of new installations in 2010. Germany now accounts for over 55% of the global market volume. The average yearly growth rate since the year 2000 is around 67%. It is hard to imagine what this would mean if it continues at the same rate. It would mean that in 2012 more than 20,000 MW and in 2015 more than 90,000 MW of solar power would be installed... It would also mean that Germany would generate more than 25% of its total electricity consumption through solar PV in 2015. Great and phenomenal figures! But with the current Feed-in tariff system, the total cost related to this growth path would be phenomenal as well. And since all electricity users will have to pay for this through a surcharge on their electricity consumption, the price for a kWh from the grid would grow quite high too. This scenario however also means, that grid parity would be reached sooner, and most likely before the year 2015....

“Go-and-stop” scenario is killing
This gives the German government a dilemma. Stopping growth abruptly will not only hurt the global industry, but many German manufacturers and companies as well. But how then can future growth be controlled?
A market cap, like a maximum acceptable volume eligible for the FiT? Lessons learnt from the past are that “caps are killing”.  A ‘go and stop’ scenario will lead to a run on the ‘last FiT subsidies’ resulting in an ‘empty bucket’ halfway through the year. What should the companies do the second half of the year? Quickly lay-off employees and hire them again just before next years’ round? It will make the industrial manufacturers hesitant to invest in new machines and equipment for production expansion, hurting Germany in the back as leading high-tech solar equipment supplier.

Controlled steps
It seems better to control the growth by bringing down the feed-in tariffs gradually, but predictably, in pre-announced and pre-controlled steps per quarter, avoiding end-of year rallies. This will give the industry a clear focus and marks for necessary cost reductions. This would not only effect German companies, but as the leading market, it would force the entire global industry to cut cost gradually, since most manufacturers in the world still rely heavily on sales in this market.

Politicians defining the global roadmap
German politicians have the unique opportunity to define the global roadmap towards grid parity in Germany and other countries in the world. The pace can be structured, the goal of grid parity reached within less than 3 years. A continuation of the market growth means larger volumes of modules and inverters are needed and volume is the way to reduce cost of production for modules, inverters and systems. That means grid-parity can be reached sooner and feed-in tariffs can be reduced sooner as well. More manufacturing volume also means the need for more, smarter and more efficient high-tech equipment and machines. Not by coincidence an area where Germany holds one of the best positions on the global market.

Germany: the trainer pushing its athletes
The solar industry is training for the big game when grid parity is reached and subsidies are no longer needed. It looks like a sports team training to get ready for the highest level of competition. In our world: competing with fossil fuel. The athlete trainer of this industry is Germany and all it has to do is push its athletes a little harder each time to be more powerful and efficient, until they are ready for the big game. Now, let’s hope that the German politicians are a bit sports minded and understand the chances for a Gold medal....

maandag 20 december 2010

The (R)evolution of PV Power Plant Sizes

All the way back in 1995, a revolutionary 3.3 megawatt ground-based solar PV power plant was connected to the grid in Serre, Italy. At that time the world’s largest PV system, it was built as a demonstration project and financed through various subsidies.

From Big Beers to the Biggest PV Plant
It took almost a decade before the market for bigger PV projects really took off. From 2004, when the German Feed-In Tariff started to flourish, tens of power plants of 1 MW or more were being built in Germany. A 5 MW plant, at that moment the world’s largest, was built near Espenhain for 22 million euro, or 4.4 euro per Wp.
And in 2005 the new record was a 10 MW power plant project in Bavaria, which cost 49.5 million euro. Bavarians think big - be it cars, beers or solar PV.

From that point on, development grew faster and faster. By the end of 2007, even more PV plants of over 10 MW had been built, with several in Spain, where the lucrative Feed-In Tariff had started two years earlier, with further 10 MW projects in Germany.

Large-Scale Power Plants at Rocket Speed in Spain
Due to the Spanish FIT law, large-scale power plant developments gained rocket speed in 2008, with 4 power plants above 40 MW and one at a whopping 60 MW in Olmedilla, Spain. The latter was constructed in 16 months at a cost of 384 million euro, or 6,40 euro/Wp. Due to the lucrative Spanish Feed-In Tariff, the price could go up to provide a nice margin for everyone involved… Like a Pamplona bull run, the Government’s Feed-In law resulted in large-scale development of further such projects.  Even today, Spain still contains about 70% of the world’s large-scale PV power plants - in total over 1000 big projects. An impressive overview of the world’s largest PV power plants can be found on the great website www.pvresources.com.

Thin Film Enters the Ballgame
Although an outsider might think that the bigger the project the more interesting it will be to use high-efficiency modules, less efficient thin film technology entered the arena in 2009. In this year a few more +50 MW projects were completed, mainly in Germany, including one using Cadmium Telluride thin film modules. At the end of 2010, three projects of over 80 MW will be finished and connected to the grid, including the first one in North America: the Sarnia project in Canada, once again built using First Solar thin film, at around 3,75 Euro/Wp.

‘Small Step for the Industry…’  
From +50 to 250 MW is a relatively small step for the industry, but a giant leap for market development. Energy utilities are now starting to seriously consider solar PV. The next steps will likely take place on that side of the Ocean as well. Sunpower and NRG Solar plan to start construction of the 250 MW California Valley Solar Ranch project in 2011. And earlier this year, First Solar announced the development of a 550 MWp power plant project in the desert near Los Angeles. Energy utilities PG&E and SCE will buy the power.

Solar PV: Fast, Experienced and Cheap
What does this teach us? First of all, development of large-scale PV power plants is progressing rapidly. Secondly, the building process goes fast. In 2008 in Spain, over 2 Gigawatt was installed in the space of a year. Thirdly, there is a tremendous track record of experience. Finally, prices have come down, but there is room for improvement. If large-scale orders of top-tier module brands can be purchased for less than 1,30 euro/Wp and the other BOS-cost will be less than 1 euro/Wp, total system cost should be able close at 2,30 euro/Wp today. With module prices expected to decline the coming years, turnkey system costs must be achievable at under the 2 euro/Wp mark.

The Next Step: Better, Faster, Bigger and Cheaper
Anyone who says that solar PV is not yet a proven technology is invited to take a look at the overview of existing large-scale power plants throughout the world. And do not forget that behind each project are investors, installers, banks, engineers, consultants and many more experts involved who made this happen. Through sheer drive, these involved people and companies are keen to prove that they can do better, faster, bigger and cheaper next time around.

Not Available Around the Corner
And this will continue. We will see bigger projects, for cheaper. It will be nothing more than a natural development to see +100 MW plants being built over the next 3 to 5 years. Not one, but several. Because if one company can, others will want to prove they can do better and cheaper. For example in the case of First Solar taking the 500 MW mark, the market and industry are following suit, aiming at 1000 Megawatt projects. To my expectation, these projects will be announced within 3 years and built within 6 years.
These projects will require the involvement of strong, bankable, large companies. Even if the projects cost less than 2 euro/watt, the investment cost of a 100 MW project will be around 200 million euro. Not something a multinational energy utility will buy from the first PV installer around the corner....

A Different Ballgame
Today, production costs have been achieved at as low as 15 eurocents per kWh by a solar PV plant in France. The cost per produced kWh will soon get close to 0,10 euro/kWh, even without any support of feed-in tariffs. That is a different ballgame. The PV power plant proposition will become attractive for many utilities looking for quickly-installed, clean, reliable, cheap power, without future risks related to global political changes, possible CO2 taxes, fuel price and currency fluctuations.

Separating the Men from the Boys
The development of these large-scale projects will fuel industry consolidation and will distinguish the men from the boys in this industry. Only the real big bankable companies will be able to guarantee a continuous supply of these large amounts of modules. And these companies will compete heavily for these projects - they guarantee their base load manufacturing capacity, and take a hell of a lot less sales and acquisition time than selling 30,000 systems to households at the same volume…
And although the title “The biggest solar PV project in the world” is moving around faster and faster, it is not bad for your image and branding to have it bestowed on your company for a while....

maandag 6 december 2010

Why the Indian PV market will grow fast

India will not wait for centralized electricity grids

Why is India set to soon become one of the world's largest PV markets? Because all the necessary ingredients are there: Permanent energy shortages, strong economic growth, growing energy demand, lack of fossil energy sources, and abundant sunshine. Solar PV is already competitive in India in several market segments such as for powering telecom towers. Tens of thousands more will be built in the coming years. Interesting market... But let’s take it one step further. Solar PV will be competitive with grid electricity in India within 5 to 10 years.

We are talking serious business

Average electricity consumption per household in India is expected to show a stunning growth, from a little over 600 kWh to more than 1000 kWh. So wake up Europe and the US - this is still per year and not per quarter as is the case for us! Because India’s population is more than double that of Europe and the US combined, we are talking serious business. How to power the rapid economic growth in India?

Can anyone make a serious guess as to coal prices in 20 years’ time?

Import more fossil fuel? Build more coal and nuclear power plants? Like in most democracies - and India is the world’s largest - it takes a couple of years to have such a plant available for power supply. Bureaucracy comes with democracy. Let’s say the plan to build a new central power plant starts today. You will be a winner if the power supply is operational in 5 years’ time. Plus, you will need expansion of the grid. On the other hand, what will the cost of (decentralized) solar PV systems be in 5 years’ time? At the very least, a lot cheaper than today - and likely close to grid prices. But even more important, you can calculate the exact cost of the produced (solar) energy for its 25 years’ lifetime. Those costs will be flat and completely predictable. Put that against the cost of electricity from coal or oil over the next 25 years - not forgetting possible CO2 taxes. Can anyone make a reliable prediction? So, if you are an investor and you don’t like risks in your business model, what makes more sense?

Skip the old-fashioned cable phase

No wonder the Government of India is taking first steps with solar energy under the National Solar Mission. The target: 20,000 megawatts of cumulative installed solar power by the year 2022. This seems an impressive number, but the program might indeed become reality...
Let’s make a comparison with telecommunication systems. Countries like China and India went straight from no telephones to mobile telephones for everybody. They never went through the era of cabled phones. Phones with wires - how old-fashioned is that? Now, will it make sense for India to invest its money into expensive and financially risky projects like centralized fossil power plants and grid expansion? With solar PV sure to become competitive in India within 5-10 years, this outdated approach can be skipped. Like with mobile phones, India can go straight to a decentralized power supply from financially more attractive and predictable PV systems.

No waste of money on old-fashioned technologies

In fact, their growth and development stage gives India a clear advantage. They don’t have to waste money on old-fashioned technologies. They will learn from the mistakes we made in the past - and this in a period of strong economic growth. Compare that with financially struggling economies in the Western World, where government budget constraints hinder investments in renewable energies.

Bureaucracy? Talk to a Californian installer!

There are some hurdles here and there - such as bureaucracy and corruption. But, is that much different from the Western world? Ever talked to a Californian solar entrepreneur about all the paperwork required for a new PV installation?

Power to the wireless people

It won’t surprise me if market development in India progresses at a faster rate than the National Solar Mission is targeting. Within a decade people in India will not wait for the Government stimulus programs in order to use solar power - just as no-one waited for the Government in order to install cables underground for “new telephone connections.” Photovoltaic energy systems will just provide the cheapest energy. This decade, no-one will wait for expensive centralized fossil power stations and grid expansions. People and new entrepreneurs will use and provide decentralized cheap solar energy. More than ever it will be “Power to the people!”

maandag 22 november 2010

The white-list for solar electricity

The solar industry is growing up. First there were solar modules. Then more and more manufacturers entered the market. How to distinguish? TüV certification came up as the new hype. A sign for quality, and reliability of the manufacturer. At least they had to pay a serious amount of money for certification, so this proved the company was not a opportunistic one-day-fly. But, with more than 400 brands being TüV certified a new step was necessary. Next came the ‘white list’ of Banks. Your module is not on the ‘white list’ of a bank? Then forget about obtaining financing for the PV project. By the way, can anyone provide the qualification rules and name the independent body qualifying modules for the ‘white list’? Your module can be IEC-certified by TüV, but banks aren’t so transparent about how they produce lists and financial products.

The white lists are growing. Some banks can accept more than a hundred module brands. More and more manufacturers have grown into big companies with a solid track record and balance sheet.

Modules are not rocket science

Does it make sense to focus so much on the solar modules? The modules are guaranteed for 25 years of power. Quality in most cases is more than sufficient. What other products can be found these days with so much guarantees and quality certification? Manufacturers claim that production of PV modules is ‘not rocket sience’. So why focus so much on a piece of glass with some silicon slices?

And next came insurances. Modules, projects and the companies can be insured, all for the sake of the investors and banks. Does this all make sense and what will be the end of this development?

Do banks have inverter white lists?

Solar modules are only part of a solar PV system. If modules hardly ever fail, aren’t inverters a more crucial component? Inverters are the real high-tech part of your energy production unit. Your module could be doing pretty well, if the inverter fails you won’t generate much electricity.
Still, we don’t hear banks talk to much about a white list of acceptable inverter brands.

But, thinking one step further, even certificates and white lists of inverters won’t be sufficient for customers. What counts in the end, is the reliability of all the components together: your complete PV system. Customers just want to be sure that a system will produce electricity.
What is needed is a quality guarantee for your complete PV system. And maybe even more important: the produced electricity should be of acceptable and good quality. The grid operator will have to accept your electricity input. And your appliances at home should work well on the solar electricity coming from your inverter. The electricity quality guarantee will put even more emphasis on the only high-tech component of the PV system: the inverter.

White list for PV systems

What might be helpful is a ‘white list’ of complete pv systems. Systems well designed and engineered with a perfect combination of components that have proven to work well together. The financing industry should take its focus a step further to quality control of the end product, a reliable complete system producing good quality electricity.

Did you ever complain about the certificates of the boogies in a new car? Ever asked if your tiles are on a white list? You just want all components in a car to work well together, for many years. In the near future, the brand of the solar system supplier, could become more important than the module or inverter brand. In that perspective it makes sense that module manufacturers expand their activities over the complete supply chain. From silicon to cell and module and even further downstream to complete system and project supply. The future might be system branding or branding of the end-product: electricity. Will the customer be ready to buy First Solar electricty, Trina solar energy or accept uncertified ‘Jansen solar electricity’?

maandag 15 november 2010

France: the new booming market... soon...

The idea of organizing a French PV conference was warmly welcomed by some of our French contacts. "Are you sure? We have holidays coming up, an expo is taking place in the same period, we are waiting for new regulation and, if you do, you will need to do it in Paris and in the French language, otherwise forget about French speakers and participants". You can’t get more motivated to pick up the challenge, I thought. And without regret, because the Solarplaza conference last week in Marseille was well attended and a success.

Simple as the Italian market

"French like to make things complicated first, so they have a challenge to work on", I quote from a French senior executive and speaker at the conference. A foreign participant sighed and stated: "I wish the French market was as simple as the Italian market". Times have changed...as if the currently booming Italian market was a well organised paradise for investors a few years ago.

Femmes fatale and bureaucracy

Beautiful landscapes, great architecture, numerous historical places and castles, the best wines, beaches, mountains with snow, les femmes fatales and plenty of sunshine. France is one of the most beautiful countries in the world, ideally suited for solar PV. But, France is also different in many ways. A nuclear energy powered nation, and a utility monopolist closely tied with the government. EDF plays a crucial role in grid connection applications of new pv projects, currently leading to a multi GigaWatt pipeline. Sometimes, inscrutable relationships exist between the elite government officers and EDF managers. And, didn’t the French invent the word bureaucracy?

PV: looking like a normal power plant!

So far, France is a BIPV focused market. The FiT for BIPV is higher, but discussions about what BIPV is, are more complex. The government beliefs that this segment will create more domestic jobs, since solar modules in the end are just a building product. A fair conclusion. Now, let's hope that the new jobs created will not be a result of bureaucratic complexity.

Nevertheless, promising new developments are taking place. In Southern France, some bigger ground based projects have been built and others are planned. The first power shortages have occurred in this vital economic and beautiful touristic region. Although it is not easy to find a piece of land for a large PV project, it seems more easy these days than planning, permitting and building a new nuclear power plant. And,since wind energy has a bad image for some reason in this area, large scale solar will be one of the best and fastest solutions. Even EDF now seems convinced of this.

A French contrator explained: "During a pv roof project visit, the EDF people were surprised. Seeing the inverter and transformer room and recognizing the power devices, they reacted enthusiastically: "wow, this looks like a normal power plant!"

Educating the nuclear elite

As stated in a previous blog, France proves once again that it takes time to develop a market. Growing a market is not just opening up new sales offices. Government people and even more the elite MBA schooled nuclear supporters need to be educated. This will take more than serving one glass of its solar radiation based, most famous and indispensable product over lunch time...

There is reason to be optimistic. The potential for PV application in France is enormous. Like with a lot of things in France, a little more patience will be needed. And besides, Italy, has shown that a country known for bureaucratic complexity can turn into the number two market of the world.

The Sarkozy challenge

Time to work on education and a strong solar lobby. Why not start in the centre of power: a pv system for President Sarkozy. If the white house has solar panels, this world leader cannot remain without. Of course, French historical architecture ‘is something different’ and definitely ‘more complicated’ for PV application. But, isn't the French focus on BIPV and looking for challenges? Well, here is one to get started!

dinsdag 2 november 2010

What will happen at “grid parity”? We need “Solar As a Service”

"Grid parity" is considered the holy grail for the pv industry: the moment in time and place where the cost of solar electricity equals the price of electricity from the grid. The long awaited moment when solar PV will be able to compete (without subsidies or other incentives) with fossil generated electricity. But, what will actually happen when this mark in time is reached?

First of all, there is no 'one' grid parity for the solar industry. It will depend on various variables, like region (local sun shine conditions), the local cost of grid electricity
and the actual price of a PV system (varying per application and country due
to different cost for permits etc.).

Solar electricity is not an Apple gadget
Grid parity will be achieved sooner in Southern Italy than Germany for residential applications (more sunshine, higher electricity rates and, sometimes, higher cost for permits) than in Germany. Actually, grid parity is close (maybe even within 2
years) for home owners in the South of Italy.
Will these lucky Italians run to their installer when grid parity is reached? I am afraid not...
There is an important hurdle to take: will these lucky Italians in 2013 have the 6000 euro on the shelf to buy their money making 3 kWp solar energy system? They probably can save a few euro’s per month, admitted, for the next 20 years. But I’m afraid that it will not convince them. Like other people, electricity is not their top-priority. Electricity is not an Apple gadget, but a commodity. A natural thing that is supposed to be available all the time. Not something to worry about. A commodity that will be available anyway, green or not. Probably the Italians  will be more concerned about tickets for the next football game, which is typically not a commodity, providing more pleasure (emotion and passion). For most Italians, like others with a grid connection, having a PV system is not their dream or lifetime fulfilment. Except maybe for the green and environmental oriented people and some technology geeks. But this is (still) a minority group and won’t make the solar PV market boom.

The ‘energy utilities of tomorrow’
The critical challenge for PV market development at, or even just before, grid parity is the financing. Almost half of the modules is put up a residential roof. So, the financing of such a PV system for private households is the new business opportunity. So, how can the solar industry reach the masses to create a real market boom?

The most logic way is by offering a simple and compelling service: selling cheaper electricity for a fixed price during the next 20 years. It is time for ‘the energy utilities of tomorrow’. Where you pay less per month, still are secured for permanent electricity supply and can show off with your own green power system on your roof. Without any upfront investment. The new energy utilities will take care of all the risks and hassle: investment, system design, installation, financing, maintenance, billing, etc.

Solar As a Service
Grid parity will mean the start of a new era opening up many business opportunities for lease companies and for the financing industry, offering new types of PV mortgages and other financing products. This also means that the solar pv market development will not depend on the brand, size or price of solar modules. To reach the critical mass of customers, more companies are needed to sell the new financial services. The pv industry, for good reason, has been very focused on technology. But what is needed next to let the market really boom, are (new) players selling solar as a money saving service. Like the software industry, we switch to SAS: Solar As a Service. This means that many new companies are needed to develop the market. The industry will have to switch its focus. Electrical installers, are not born financial service companies. It will take time to develop this new business infrastructure.

Solar is all about saving money
At grid parity, customers will be able to save a few euro’s on their monthly energy bill. But, this will not offer them the high returns like in the good old times with high feed-in tariffs. Grid parity without further incentives will not inspire the many investors. In the residential sector, a new market and customer group will have to be explored. And this will take time. My forecast is that, at grid parity, the solar PV market will continue to grow substantially, every year again. But, without incentives, an enormous grid-parity market boom does not seem logic. Unless, of course, the oil price jumps to $200 in 2 years (who knows?) and solar becomes so attractive....But, even such a case, I expect the financing to be critical.

In the near future, PV systems will be sold to the mass as a smart way to save money without any hassle. Solar energy as a service. Financially attractive. The money you save, you can use to visit more often the arena supporting your favourite football team. 

donderdag 21 oktober 2010

The silent revolution continues

Last week, one of the international solar heroes died: Hermann Scheer. We had the pleasure and honour to have him as a keynote speaker at two events. Driven, passionate, energetic and convincing. Listening to him gave you the feeling: it is a matter of time until the non-believers will find out why the solar energy revolution is unavoidable. We mourn over his death, but his legacy and message will remain.

The left wing hobby
Even today, many critics are convinced solar energy is just a left-wing hobby.
Why is the development of solar energy going so slow? Why isn’t it yet affordable without subsidies? You see, it is just a hobby for dreamers...

Well, in fact, the development of solar energy isn’t going slow. The market and industry are growing like crazy. Can we reasonably expect a world to change its whole fossil infrastructure into a renewable one in just a few years? It will take more years, maybe even a few decades, but to my opinion,it is going very fast already. And even more important, it will only go faster and nobody will be able to stop this development. Solar energy is here to stay and its role will grow, whether we like it or not.

Where are your sandals?
Times have changed. When I started in this business, in the early 90’s of last century, the solar industry and business were small, very small. Talking about my passion, reactions were always with the undertone of “sure, solar energy, very nice for left-wing oriented environmentalists and dreaming fundamentalists. Where are your sandals by the way?”.
At the start of this century, when the business grew into a tiny global industry with emerging activities in China, the mood among friends changed when explaining the about latest developments. “Still in solar pv? Can you make a living in that business?”. And now, only less then a decade later, the reactions changed to the positive even more: “Wow, you have a business in solar energy? Cool! I was thinking to switch my career into renewables too and solar is really a cool technology!”.

PV a danger for the grid?
In his many presentations, Hermann Scheer described three similar stages as well. First, there is the denial: “Solar can never be taken serious.” Then, when it is getting more serious, the established bigger corporation will fight against it, like: “solar PV is a danger for the grid”. This is what can be seen in the German media today. Big companies are afraid of what will happen. If the German market will continue to grow rapidly, in a few years, solar PV will become a major, if not dominant energy source. And because renewable energy has a privileged position on the grid, the established energy giants will have to live with it and accept it. For now, they still try to fight it.
After these two stages, will follow the third, even more interesting phase. It is the phase where the former non-believers will state “that they always believed in it from the start and that is why we are getting involved now as well”. It is the phase where solar PV can no longer be ignored. Simply because the mass wants it and because it has become attractively cheap, cheaper even than electricity from the grid.

The last ones without a PV roof
This phase is closer than many in the world can imagine. Only a few years away in Germany. Just picture yourself as German citizen 3 years from now. Solar pv systems, will be on roofs of many of your German neighbours and will generate cheaper energy than you buy from a major utility. You will be a fool if you don’t invest in it yourself, and maybe even more relevant, you will be among the last ones in your neighbourhood without a PV system.

The US: bigger, bigger, bigger
On the other side of the Ocean, in the US, a similar revolution is going on. Nowadays, one after another, energy utilities in the US are starting solar PV programs and large scale initiatives. It is only a few years ago, that with a single exception, none of them showed any interest. Now, the initiatives are all multi MegaWatt and even the first “1 GigaWatt” project proposal has been launched. This is only the beginning of course. Utilities will find out, that there is hardly a more abundant, secured and stable energy source, with guaranteed and predictable cost for a 25 year period. For a comparison: which utility can predict its cost for coal and fossil fuel and thus its energy prices for the coming 25 years? For solar PV plants, no financial State guarantees are needed (like for Nuclear plants), you don’t end up with garbage (either nuclear or green house gasses) and after 40 years, you don’t have to clean up mess or cover it for many years. And the great news from the solar industry is: solar PV will only get cheaper in the coming years. So, if your peers are getting involved, you better join soon too. More utilities will follow and more and more they will start with bigger projects. In the US they like everything bigger: from hamburgers, pizza’s, SUV’s to PV power plants. The development goes only in one direction: more solar energy.

Keep on dreaming
There is no argument or reason why this development will stop or turn. Solar energy will only get cheaper and cheaper. Can we imagine that within 10 years from now, in almost all its small and large scale applications, solar energy is cheaper than electricity made from any fossil fuel? Without any government support? And, o yeah, it is clean energy by the way as well...

My message for those who don't believe in a solar future yet and for the
‘dreamers’ of the past who started in solar many years ago: keep on dreaming! We are close to the tipping point.