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One of the most disruptive issues now before utilities is whether solar power has staying power, and whether it is ready for prime time.

Disruption – in a variety of guises - will be front and center at the EnergyBiz Leadership Forum in Washington March 19-21.

Last week – lights were definitely burning brightly in the solar sector. There was MidAmerican Energy’s decision to buy the Topaz solar power plant in California from First Solar. The installation is said to be worth more than $2 billion.

MidAmerican is a unit of Warren Buffett’s Berkshire Hathaway. And the sage of Omaha is not noted for making many mistakes. Large solar generation installations may be doing well. The solar panel business, however, has some serious issues.

Now new industry figures in the Wall Street Journal nailed the serious glut of supply saddling the solar sector. “…global panel manufacturing capacity has grown 12-fold in five years, but a third of that lies idle,” the paper reported.

And get this. The oversupply of panels sloshing about in warehouses a year ago amounted to 10 gigawatts of potential energy – about 25 percent of the panels now deployed around the globe. That is a serious glut.

Congress is being asked to decide about subsidies for solar and wind. Yet there are so many solar panels awaiting deployment you wonder why anyone would ask taxpayers to pony up funds to manufacture more. It seems to me we need some manufacturers to disappear – or to find a way to stay in business while slashing costs and making solar even more competitively priced.

Solar manufacturers have to build a viable business for their product – fast – or utilities and other generators will rush to natural gas so fast it will be lights out for solar.

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The EnergyBiz Leadership Forum next month will have nine utility CEOs on hand presenting their views on the hugely disruptive forces they must contend with. Joining them will be Eric Greitens, Navy Seal, business leader and philanthropist and Sen. Byron Dorgan, who is leading the way towards a bipartisan energy policy. The event takes place in Washington March 19-21st. Check out our website for more information or ping me with questions. http://energybizforum.com/

 

3063 Views Comments 5 Comments Comments Add Comment Author BioAuthor Bio
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member photo There is one huge roadblock to solar that if eliminated would help get rid of the glut of manufactured panels. There are certain federal and state tax advantages to a homeowner if they instal panels, but only if they are installed by a certified solar installer. A contractor friend of mine told me this certification is very hard to get, and not worth his time. I understand the need to make sure there are not any fly-by-night companies duping customers on poorly designed/installed systems. The problem is that the do-it-yourselfer loses in tax advantages any savings they may have had by avoiding installation costs. A better way to handle this would be to train county inspectors to spot shoddy construction/design of systems and let the do-it-yourselfer have the same tax advantages as the certified installers.
# Posted By William Buchner | 2/27/12 11:41 AM | Report This Comment as Foul/Inappropriate
member photo William, I got the feeling your friend the contractor has the wrong information. Currently most contractors with the proper license (depending by state) either Electrical or General Contractors can install and process the incentives for the client. I suggest your friend do better research on how he can install solar power systems. No questions exist in my mind that the installation should be done by a qualify contractor, if he has never installed a solar power system and he wants to, he should take the time to take classes or volunteer with an organization that will teach him in exchange for his labor.
# Posted By Jose Radzinsky | 3/5/12 11:21 AM | Report This Comment as Foul/Inappropriate
member photo Excellent.
Dr.A.Jagadeesh Nellore(AP),India
E-mail: anumakonda.jagadeesh@gmail.com
# Posted By Anumakonda Jagadeesh | 3/19/12 11:02 AM | Report This Comment as Foul/Inappropriate
member photo I have an interview today,3/29. to discuss my solar thermal designs.i am a power engineer by trade.so my refrigerant driven collecters have an energy density of 30+ MW yes MW per acre. this will change the entire picture.i will keep you posted. the collecters are the cheapest part of the system!
# Posted By Ervin Priem | 3/29/12 7:24 AM | Report This Comment as Foul/Inappropriate
member photo Great information, new technology always a challenge at first.

Tom

http://www.sunriseenergynow.com
http://www.reflectgreen.com
# Posted By Tom Lyons | 5/18/12 3:49 PM | Report This Comment as Foul/Inappropriate
 
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