solar

“And, you know, in fact, the falling cost of solar has made electricity and clean electricity, you know, the cheapest levelized non-firm energy cost in the world”

“Solar so much is the gateway to so much more electrification. So what we find is customers that go solar, they do tend to be the first adopters of heat pumps. They then do tend to be the first adopters of electric vehicles, and so they really, so one of the re…”

“I don't think that solves long periods of no wind, no solar, but it certainly has to help for lots of things.”

“Solar is cheap enough now that in most places, Solar and wind, I should say. Most places it is true today that if a utility or somebody issues an open RFP and just says, I want the cheapest power I can get, like, give me the cheapest kilowatt hours, the respon…”

“Land, I think, will become a big one. Kind of no matter how you slice it in terms of what the big swaths of greenhouse gas emissions mitigation Solutions are going to be. They're going to be pretty land intensive. Solar and wind obviously are very land intensi…”

“In the US, soft costs remain the biggest area to run downward.”

“I'm probably not the world's greatest expert on this question, but I think the fundamental thing that drives these learning curves is sort of manufacturability. Like, can you scale up manufacturing of the thing at, by number, not just by scale? So in the conte…”

“Geothermal has a Tiny footprint compared to other renewables. It doesn't rely on a massive amount of rare earth mining like you know, like, for instance, wind and solar production and storage production.”

“So for off-grid, the lower-cost solution actually is solar, and the logistically easier solution is solar, and in almost all cases.”

“We just went over a terawatt.”

“I continue to fundamentally believe that solar is going to be the bedrock of decarbonization. Put another way, if you ask me what single technology will do the most to mitigate climate change, short of some potential geoengineering or nuclear fusion future, my…”

“And that's even before you start thinking about, are we going to build solar to make hydrogen? And I suspect that by 2030 we are, just because we've got no idea how else to manage the problems of intermittency and how to decarbonize steel and fertilizer.”

“But the history of solar shows that it, there's always more solar than you think there will be.”

“Europe, it's really a mixture, because we have plenty of land in Europe that First of all, used to be used for industry and isn't anymore, or is used for agriculture, but not particularly productively.”

“If in a world in which you just dispatch whatever's cheapest, you know, the solar numbers would be, you know, 10 to 20 gigabyte 10 to 20 gigawatts higher per year of stuff that the, that our model sort of spits out. And that's where human beings have to get in…”

“We'll do maybe 30 to 35 gigawatts of solar total this year, and according to the repeat project, we may hit almost 50 gigawatts by twenty-twenty-five or twenty-twenty-six. By the end of the decade, we'll be doing over a hundred gigawatts a year, potentially we…”

“One of the things that we're seeing is that the places where there's a strongest interest for V to G, you're already going through a process where maybe you're adding some additional storage at the building and oftentimes being paired with solar, which really …”

“Solar and storage, mostly, and then EV sales, and they're, you know, both are growing at like, you know, 15 to 40% a year, so really rapid growth, not the kind of triple-digit growth that we're seeing in manufacturing or in some of the emerging climate tech bu…”

“If you look at the past two years combined of actual investment, 93% is in the EV value chain. So that's critical minerals, batteries EV assembly and charging equipment. so that's a 92%. The vast majority of the remainder is solar, and then there's a tiny am…”

“Solar storage, switchgear, and dispatchable generation assets, and some combination of those come together to, you know, create most microgrids that are being deployed in the market today.”

“What matters at the end of the day for solar is not the cost of the panel. It's the cost of delivered electricity.”

“By having cost-effective multi-day storage, you can incorporate More renewable energy without sacrificing reliability at basically half, half the land cost, and that, by that I mean you only have to put solar on half as many acres to get the same benefit and t…”

“If you were to take just China's installations last year, which is north of 200 gigawatts, in and of itself, it would have been the biggest year in any other year besides twenty-twenty-two.”

“Like, we went from 252 gigawatts in 2022 to four 40 in 2023.”

“And though we're seeing some convergence, there is, we are seeing some sign that buyers are more comfortable with the existing technologies that That they have seen in the past, like wind and solar, than they may be with some of the new technology types”

“And when you look at, particularly for commercial distribution circuits you're talking about something on the order of 200 terawatt hours, right? Of cost-effective solar that can be put on warehouses that are four acres or larger in size, right?”

“Some of them will raise load growth, EVs and heat pumps certainly being those two. But then there are other DERs which will lower load growth, like energy efficiency, demand response, and certainly solar. So what will be the net effect of those is anybody's gu…”

“You're not going to put solar in storage to supply a 500 to gigawatt, 500 megawatt to gigawatt scale data center. I mean, it's just not feasible.”

“I've, you know, watched and talked to dozens of companies and founders, and I think Oftentimes making the same mistake as they were trying to commercialize some kind of better mousetrap for energy storage, which is they underestimated the pace at which the cos…”

“A gas plant in PGM is close to 80% accredited load, and solar with no storage is eight percent.”

“As far as debt goes, we haven't seen it. We've seen people be able to raise debt at the corporate level via, via venture debt or via corporate debt. Now, those are very low leverage numbers, right? They're not the 80, 95% that, you know, you will get in solar.”

“A modest, 599 gigawatts of solar installed last year globally.”

“You know this year, we're probably gonna have more solar installed in toto, cumulative, than wind.”

“Solar is just on its way up. You know, it's more than forty billion dollars in the trail in 12 months. And storage now invests more than wind does in the States.”

“If you have solar wind at 25 dollars a megawatt hour today, which is feasible, those are good wind and solar projects, but maybe not even the best And you take that, that's with the ITC or PTC in the case of wind, and you take away that subsidy, you probably g…”

“At 25 dollars a megawatt hour, you are less than the marginal cost of natural gas generation. So you can build those wind and solar resources solely at, and you'll make money solely off the avoided cost of burning gas at existing natural gas power plants. Wher…”

“And in those regions, like probably solar is still cheaper on a levelized cost of energy basis than geothermal, even subsidized even when geothermal is subsidized and solar is not for quite some time, but you don't add geothermal because you're competing with,…”

“If you bring a hundred megawatts of gas generation, we count that as about 70 megawatts of reserve contribution. If you bring a hundred megawatts of solar, we may count that as eight to 10 megawatts of reserve contribution. You know, very, very conservative, m…”

“Talking with our member companies who have low-cost resources that they're ready to build, You know, whether it's large-scale wind, solar, storage, and the like, and they're not able to deploy, right? They are tangled in red tape, they are stuck in line”

“So long story short I don't think the same game that worked in solar works in green hydrogen.”

“Even when a product is made in the United States, and in solar, solar specifically, It is still cost competitive with other forms of technology. You look at Lazard's LCOE models and those cost charts, solar is always going to be right on the bottom, and that i…”

“They're not the answer. They are supplemental energy that can help, and they're kind of filling a gap until, you know, more jet generation comes online, and depends on what form of that jet generation can be.”

“How long does it take for sources to go from a hundred terawatt hours to a size like 2000 terawatt hours? And if you look historically, no source has ever made that jump as quickly as solar has. Right behind it is wind with just a few more years.”

“My gut feeling now is that maybe 2026 is the year where that relative growth rate will step down a little bit, and we'll see slower relative growth, even though we might still again get a record absolute increase.”

“The implication to me is that batteries should be growing at roughly two to three times the rate that solar should to play catch up here. And so we have this, you know, we started off with this, like, very bullish solars meeting the vast majority of new, like,…”

“Solar has really had a standout year in 2025 increased by 636 terabyte hours. So that's twice the size of the UK's annual electricity demand. Huge amount of additional electricity globally that's coming from solar. And the really interesting trend that we foun…”

“We've now had over the last 10 years, the average was 27%.”