From Electrek: Electrek green energy brief: 2,000GW global renewable capacity, 754MW solar...

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    Sep 28, 2016
    Electrek green energy brief: 2,000GW global renewable capacity, 754MW solar plant in Mexico, more


    754MW solar plant breaking ground in Mexico – Largest in the Americas. This past summer, I was excited to see 100MW projects in the news so often. My largest personal project in the 0.6MW range for perspective. Now it seems the headlines from the big news sources don’t break unless 500MW or more. These projects will cost more than $500M – that’s a lot of capital to raise, but, I often hear investors only wanting to invest large sums of money due to fixed costs. And in the big game – where Blackrock has $5T under management – $500M barely gets you in the door.

    1.2GW for Maryland by 2020 – We’re in 2017, that’s 400MW/year if we don’t include 2020, if we do it then its still an impressive 300MW a year. Maryland’s 6M people will definitely feel the effect of the economic bump if the market grows at that rate. Massachusetts has a bit larger population, and slightly higher annual volume per year – but now has 20,000 solar employees. The projections here were of 1,000 jobs per year as volume grows, maybe more.


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