By: Matthew WalkerThe solar-power industry is being driven by the right sort of entrepreneurs: ambitious, ambitious enough to dream big.
In 2015, for instance, a group of investors including Warren Buffett and a group led by Elon Musk started up the world’s first solar power company called SolarCity, which now has more than 2,500 employees.
But while these investors have done a lot to drive the industry forward, the reality is that the market is not as saturated as people think.
“The solar industry has had a bit of a lull,” says Tim Purtill, a senior director at the Solar Energy Industries Association, a trade group for the solar industry.
And the lull has come with a lot of pressure on the industry.
There’s a lot less demand, for example, than there was a year ago, when the solar energy market was worth $3.8 trillion.
But that’s still an impressive number.
“It’s not like a decade ago, which was really a great boom for solar,” says Purtil.
“This is a very long period of time.”
This is a trend that is likely to continue.
There are about 2,400 large solar projects in the US right now, and Purtile says that number will rise to 3,500 by 2027.
And that’s when it’s going to get really interesting.
There will be more and more large projects coming online, as well as smaller ones, and it’s the first wave of the solar wave that will make a huge difference to the way the economy works.
SolarCity’s CEO says the industry is growing, but not quite as fast as people expect.
“If you compare the solar power industry with the electricity sector, it’s growing at a faster rate than the energy sector,” says SolarCity CEO Lyndon Rive.
He says that’s because the industry has seen a lot more innovation over the last decade, as a result of government incentives.
Solar-power projects are still in the early stages of development, but he says they’re starting to look like a viable option for the future.
Solar projects need to be built at a scale that can generate enough electricity to make electricity useable.
In order to get to that point, companies need to build a whole bunch of solar panels.
They need to have an efficient, safe design, and they need to keep costs low.
“When you look at the size of the project, you look and you see a lot bigger panels than you normally would,” says Rive, “but you don’t see that many more panels on the same site.
You see a little bit more on a side street, and you’re like, well, you’ve got to be kidding.”
There’s plenty of room for solar panels right now.
There is plenty of capacity on the grid.
There has been a lot greater investment in solar technologies in recent years.
But the way that solar has been growing is different than the way it has been in the past.
Solar panels are much more energy efficient than other kinds of power plants, and in fact they are the cheapest way to generate electricity.
And while it’s not always easy to make solar panels cheap enough to use, Rive says it’s becoming more possible, especially for small, rural communities.
In addition, the cost of solar is lower than most other energy technologies, and that means it’s cheaper to build solar than conventional fossil fuels.
So the more people are investing in solar, the more there is room for growth.
There have been a few large projects in Texas, California, and South Carolina that have made a lot progress.
But there’s also a lot going on in other parts of the country, and the US is just one of the first to see this.
“Solar energy has really been exploding in recent months,” says Bill McBride, a former US congressman and now a solar engineer.
“So it’s kind of a natural progression.”
The solar industry is also growing in Europe, China, and Brazil.
And it’s happening quickly.
A lot of the excitement around the solar market has come from Germany, where solar power has become a big part of the economy.
In the first half of 2017, Germany generated about 2 percent of the electricity consumed in the country.
Now, the German solar industry generates about 13 percent of all the electricity in the world.
But it’s also growing.
There were more than 1.5 million megawatts of solar power capacity installed in Germany in the first six months of 2017.
That number is expected to increase to 3.2 million megawatt-hours (MW) by 2021, Purtili says.
And those numbers are just getting started.
Purtiles solar panel business, SolarCity Now, is the latest project to be launched in Germany.
Called SolarCityNow, it will be the largest solar power plant in the United States.
It will be owned by the German state of Baden-Württemberg, and will be able to produce enough electricity