Prices of Solar Power installations in the US fell 17% in 2015

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That prices of these cleaner forms of energy are falling so far and so fast has a lot to do with global manufacturing scaling up, financial markets getting smarter, local government better understand the technology, large scale utility installations investing in research and more factors after that. And more importantly that all of those factors – are that everyday people accept and want solar power as part of their energy mix.

 

Source – Wikipedia: “Swanson’s Law is an observation that the price of solar photovoltaic modules tends to drop 20 percent for every doubling of cumulative shipped volume.”

Interestingly, these projections from Swanson have actually been underestimating the fall in price of solar. Expect more price drops to occur – but also expect incentives to fall.

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John Weaver
Solar Power Plant Project Developer at Commercial Solar Guy

John Fitzgerald Weaver is a solar consultant – aka The Commercial Solar Guy. As a project developer and installer, he’s sold and managed 50+ solar projects worth more than $10 million, ranging from 5kW to 1500kW. He’s been involved in many aspects of the solar supply chain – as a company founder, developer, project manager, manufacturer, permit runner, salesman, contractor and financier, climbs mountains, played football, enjoys an IPA or scotch, needs to get away, and really loves this strange connection between politics, energy, finance, environment, etc in the energy world, and likes run on sentences.


Current and occasional stock positions that I have written about are ASYS, TSLA, CAFD and TAN – plus Bitcoin and Etherium.


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