This is your SolarWakeup for October 18th, 2016

A fact that I was unaware of and a victory lap for the Obama Administration with an exclamation point courtesy of the US Navy. In 2010, there wasn’t a single utility scale solar plant in the US. Utility scale is defined as over 100MW. In 2011, the loan guarantee program (yes, the Solyndra office) helped launch 5 projects with $4.6billion in loans. Keeping in mind that the loan guarantee program will end up bringing a profit to the taxpayers, today there are over 45 privately financed projects over 100MW and growing. The US Navy this week announced that it was buying through the output from the 150MW Mesquite 3 PV plant for 14 bases across California. Led by Assistant Secretary of the Navy, Dennis McGinn, who was the former President of ACORE.

Opinion

Have a great day!

Yann