Solar is cheap

By Jeremy Pearl

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Last Updated on June 26, 2019 by
Jun 24

Because sunshine is free, the cost advantage over fossil fuels will continue to increase. “Solar is cheap and it’s only going to get cheaper,” she said in an interview.

Coal will attract $1.6 trillion of investment, gas will draw $1.2 trillion and nuclear will bring in $1.3 trillion in investment over the next 25 years. Developers will spend $2.4 trillion on wind farms.

That spending will bring new opportunities for the world’s energy poor. More people will gain access to electricity through systems that combine solar panels and battery storage than from earlier efforts to build new power grids in regions that lack electrical infrastructure, said Jigar Shah, a clean-energy financier and the founder and former chief executive officer of SunEdison Inc., the best-performing solar company.

About the Author

Jeremy has worked in the solar industry since 2006. He has a Bachelor’s Degree from UC Santa Cruz in Environmental Studies. Jeremy has spent most of his solar career in residential sales and Sales Management in both California and Hawaii. He was raised in Santa Cruz County and is passionate about helping local residents make the switch to clean and reliable renewable energy. Jeremy lives on the Westside with his wife and two boys and enjoys music, photography and hiking in his personal time.