It’s that time of year again. When as a nation Americans give thanks. The thanks are for family, friends and people who make a difference in the lives of others. In that regard I personally have a great deal to be thankful for. But as a national and global society do we ever stop and think about the people who are out there everyday doing things that are on a scale that can transform the world? One such person is Secretary of Energy Steven Chu‘s here are his comments from a recent speech in Colorado. “I’m here at a critical time for America’s energy future. It’s a time of challenge, but it’s also a time of opportunity. Last year, more than $240 billion was invested globally in clean energy. The worldwide market for solar photovoltaic systems alone is worth more than $80 billion.
The solar market is going to explode in the coming decades. According to Bloomberg New Energy Finance, trillions of dollars will be invested globally in solar and other renewable energy sectors over the next 20 years. Countries around the world, especially China, recognize the economic potential in the solar market, and are racing at full speed to capture the lead. China leads the world in total clean energy investments and has provided strong government support to its solar industry. Today, China’s market share in solar cell and solar module production is roughly 50 percent, up significantly from just a few years ago.Meanwhile, the U.S. market share has dropped. In 1995, the United States produced more than 40 percent of the world’s solar panels, but last year, we only produced about seven percent. Although the United States invented solar PV technologies, we are no longer the leading manufacturer. Instead of watching a technology be discovered in America and then shipped overseas, we need to fight to keep it here. Other countries want these opportunities and are moving aggressively; so must we.”
He went on to say, “America has a choice to make today: Are we going to be importers or exporters of solar technologies? We can accept defeat and watch the solar jobs go to China, Germany and other countries, or we can get in the game and play to win, creating jobs in Colorado and across the country. To compete in the clean energy race, we have to do more than invent technologies, we have to make them and sell them too. Steven Chu recently appeared before Congress and personally took the heat for the Solyndra failure. He heads an agency that’s doing everything it can to spark innovation through programs such as the Sunshot Initiative, Solar Decathlon and DOE Recovery Act. Dr Chu is a Noble Peace Prize Winner and we can be grateful to him for bringing a scientific, environmental, business and social consciousness to the cause of renewable energy in America.
Intersolar Heading For Beijing
