solar

“Wind and solar are the cheapest resource for electricity nearly everywhere around the world.”

“However, the automotive leg is 95% of the company, and the energy storage and the solar are only five percent of the company. So his initial vision, Tesla is an EV company with a hobbyist Business in solar and energy storage.”

“Today, Hawaii gets a third of electricity from local renewable energy, the vast majority from solar. Almost half is from small systems on rooftops. That's way more than the mainland US, which gets about 20% of its energy from renewables, Mostly hydro and wind.”

“It happened in solar. It then happened in wind. It's happening in batteries. It'll happen in electrolyzers.”

“In fact, the intermittency and storage issues associated with renewables like solar and wind have largely been addressed in recent years.”

“The good news about electric vehicles is they have far more in common with solar than they do with efficiency. Folks can see them, and they can see that they have been normalized and understand that it is not a risk to actually start to electrify transportatio…”

“California itself, I think, gosh, it was a, I want to say a year ago, April they turn off 80,000 megawatt hours of solar because there's nowhere for the energy to go.”

“It's a completely sustainable campus. It has, you know, lots of solar, has geothermal, they grow their own food, they raise their own fish. It's almost entirely its own little ecosystem.”

“I think one of the advantages we have today is that we have more solar and wind and energy storage installed. You know, the industries are more mature, and I think that has caught, that has built the political support for industrial policy.”

“If you're going to be you know, developing a project in the southeast you know, of the U.S., that is Probably going to be solar. There are only you know, really a handful of pockets of wind resource there.”

“Space launch is getting cheaper faster than solar. Only, only two things in history have gotten cheap faster than solar to date, which are computing and gene sequencing or gene printing. But right now, we're in a phase where the cost of space launch is actuall…”

“So my forecast was the cost of solar would drop by about a factor of 10 to 20 50, and it actually dropped twice as fast as I thought it would.”

“They have issued some voluntary conservation notices, but it has not been quite as White knuckle driving as it has been in the last couple years, and a big part of that is, is the amount of renewable generation, and particularly solar, that they're having.”

“I predict that the cost decline in these newer technologies will not be as impressive. That 10 years from now, we will not see .”

“China in particular is adding clean energy at an absolutely mind-boggling pace. They're expected to add a 150 gigawatts of solar in twenty-twenty-three. That's roughly five times what the U.S. Is projected to add, and they're projected to top a terawatt of tot…”

“I mean, a lot of people who buy these distributed resources today EVs very much being that, solar, whatever, are generally very wealthy people, and so are we now doing rate design and setting operational constraints based on what the richest 10% want, or are w…”

“So if you look at what FERC has said, they say, and this doesn't even include rooftop solar, which is over 30% of solar. That solar provided 42.4% of the total new domestic generating capacity in 2023 alone.”

“So solar is probably going to make up about two-thirds of the target here, and solar is just the least cost resource in many areas of the world, so it will continue to dominate. Solar and wind together will make up about 92% of this tripling target, but solar …”

“We're gonna have amazingly cheap, abundant solar. Combined with storage, we may not need all of these advanced energy ideas.”

“There's been some recent stories about what the global total for solar will be in twenty-twenty-three, and the number's over 400 gigawatts”

“You know, more and more solar, the more and more solar that gets installed, the more midday solar prices are just going to crater and, you know, be consistently negative.”

“But then, you know, this year and next year we're sort of hitting, we're kind of like hitting past that inflection point and growth rates are actually going to slow in many different markets. China being one of them. So growth's actually flat over the next sev…”

“I think the second thing is indeed to what extent we keep underestimating the speed at which solar and batteries to some extent also wind, but to a less extent have achieved cost savings and actually are deployed.”

“So the first wave of cost down for solar and batteries was actually largely driven by R&D. These were advances in cell chemistries increases in efficiencies, and so on. It really drove the cost down. But already in the last decade for both of these technologie…”

“We went from 10 dollars a watt when I started to a dollar a watt when I was, ah, leaving, and really people have taken it almost an order of magnitude down from there, and it's just extraordinary.”

“I think batteries are going to be as big in industry, if not bigger, than solar in a lot of ways because of their impact on automotive.”

“Solar had used up a lot of the flatland that we talked about earlier, and so there started to become a lot of projects that were on undulating terrain”

“Solar is a supply chain business, and we were one tiny part of this supply chain business.”

“Then, a few days ago, the report came out that in twenty-twenty-four, we just saw the latest data. Solar and storage account for 84% of the capacity added to the grid.”

“If you look back to 1800, even biomass today is used more than it was in the 1800. Oil is used more. Gas, coal, everything is used more. And solar and wind were simply additive.”

“If you're trying to turn solar into 24 hour, you need a 16 hour discharge duration, basically to produce power, you know, between the time the sun goes down to the time the sun comes back up.”