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GENI-us Letter 2013-08

 A u g u s t  2 0 1 3 ? Volume 21, Issue 8 
 The GENI-us Letter 

2/3rds Of All Solar PV Installed In Last 2 Years ?
Policy Support And Competitive Pricing Driving This Growth

Dear GENI Friend,

Momentum:? mass in motion that gains speed and becomes an unstoppable force.

Solar and wind development has gained such momentum that the industry is doubling every 2 years.  In the United States, solar and wind projects were half of all new generation capacity in 2012.  Global investment in 2012 was $248 billion and economists project this to double by 2022.

http://dqbasmyouzti2.cloudfront.net/assets/content/cache/made/content/images/articles/NEWCumulative_global_PV_to_1H_2013_580_333.pngThe renewables industry has achieved momentum ? with both speed and global reach are expanding.

Global photovoltaic (PV) module prices have fallen 62% since January 2011, and the solar industry is on track to install another 100 gigawatts worldwide by 2015 -- nearly doubling solar capacity in the next 2.5 years.

The National Renewable Energy Laboratory expects the price of solar will be competitive with gas in a decade

The Worldwatch Institute highlights the policies ? especially the Feed in Tariff ? that provide support to this growth trend.

(Chart: GTM Research)

We are now seeing dramatic impacts from our fossil fuel addiction of the last century: stronger storms, increased flooding, devastating droughts.  The solution is here now ? build renewables everywhere, build them at record speed, and interconnect them to optimize efficiency and economy.  Please join us in this effort.

In partnership for the planet,

Peter MeisenGENI's 25th Anniversary Seal -- 1987-2012
Peter Meisen

President

p.s. GENI is the only U.S. exhibitor at the World Energy Congress in South Korea (Oct. 2013). We are seeking donations and sponsorship, and invite your support: http://www.geni15.wrsc.org/globalenergy/geni-online-secure-donation-form

P.P.S. Review each of our projects, and Register your interest and ideas:

We invite your support of our work. It�s easy with our secure Support page.


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Updated: 2013/01/07

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