Another year of explosive growth for the Solar Industry: production above 300GW, +45% yoy. What’s behind this staggering growth? How are the supply chain evolving? What are the “Fab four” and what new technology are they pursuing? Why are the prices not going down? How can the development of ESG in supply chain be assessed? How will the industry look in 5 years?

So many questions for this booming industry and it is just starting: Solar PV capacity is expected to almost treble over the 2022-2027 period, growing by 1.5TW and surpassing coal as the largest source of power capacity worldwide, according to a report from the International Energy Agency (IEA). In its “Renewables 2022” report, the IEA expects renewables to grow by 2.4TW over the next five-year period, with an acceleration of installations in the residential and commercial rooftop market globally to help reduce energy bills.

We needed answers; that’s why we brought Finlay Colville on the show. Finlay is Head of Research PV-Tech and Solar Media and the most widely admired expert around the world for his insights. (Especially now that we are wondering about the fate of our Queen of Solar, Jenny Chase, who gave up the Head of Solar at BNEF. Jenny told me she is still active. We send her our love and respect).

Finlay strongly believes that the Solar industry will reach a 1TW capacity in this very decade, which is a total gamechanger than the incumbents are totally oblivious to.

Gerard and Laurent agree 100%. “The incumbent energy industry has literally no idea what’s coming for them”

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Find more of Finlay Colville analysis here
https://www.pv-tech.org/
https://www.solarmedia.co.uk/

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A warm salute to our friends of Solar Power Europe.
https://www.solarpowereurope.org/

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We thank the Green Recruitment Company for supporting the show. The Green Recruitment Company is the leading renewable energy and sustainability staffing company in the world.
With recruiters in Europe, America, China, Australia & Africa, The Green Recruitment Company offers bespoke staffing solutions across solar, wind, green hydrogen, carbon capture, storage, investment & finance, and much more.
https://www.greenrecruitmentcompany.com/

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Don't forget our excellent weekly sister show: Redefining Energy MINUTES
Applepodcast: https://podcasts.apple.com/gb/podcast/redefining-energy-minutes/id1605111087
Spotify: https://open.spotify.com/show/0mx29RlfrabGS6QErA8UD8

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Merry Christmas to all our listeners. See you on the 2nd January 2023 for our traditional previsions. (Gerard thinks he has won)

88. The Solar Juggernaut - dec22

Redefining Energy