The renewable energy movement is now an established mainstay in the developed world, with expectations boosted by the transition in Washington DC to the Biden administration, which has already pledged its commitment to the sustainable energy cause to the tune of roughly twice the real-dollar investment that went into the space program in the 1960’s.
In other words, if there’s a mission attached to this administration, it’s renewable energies. And the solar space is the heart of that theme.
And this dream is showing signs of becoming reality at a rapidly accelerating pace. A good example is the drama around California’s gambit to become 50% renewable powered over the next decade. PG&E committed to the goal of getting to 55% solar and renewables by 2031. Now, top brass analysts think CA can get there by 2025 or earlier.