Solar Energy News  
SOLAR DAILY
Solar Energy On The Rise In USA

File image.
by Staff Writers
Washington DC (SPX) Feb 09, 2010
With solar electricity generating more than one terawatt-hour (one billion kilowatt hours) of electricity in the United States in 2010 and continuing to expand rapidly, the key question is, "How can companies best capture value as the industry grows?", according to Michael Rogol, global PV analyst and CEO of Boston-based PHOTON Consulting.

"The U.S. solar power sector is very profitable, but value is migrating from companies that manufacture toward companies that provide installation, financing and other services. As profit migrates, solar companies and utilities have at least seven models to capture value," said Rogol, during his presentation at the 3rd Solar Electric Utility Conference portion of the 2010 Solar Terawatt-hours Conference Series hosted by PHOTON USA Corp. in San Francisco on Thursday.

Rogol showed how lower module prices are enabling swift growth in the North American solar market and how, as this occurs, profit within the sector is shifting downstream. The key to success, according to Rogol, is a strong, profitable business model capable of "unlocking value."

He provided several key examples of strategies for strong value creation, including being low-cost suppliers, agile traders, value-added service providers, system developers and bundlers of solar power with other technologies. For traditional electricity companies, the biggest challenge, he noted, is to adjust their traditional businesses to create value from solar electricity.

"This is not the dot-com boom with easy access to capital. Companies need to build profitable businesses largely on their own. To do this requires detailed understanding of changing solar power market dynamics and how the electricity sector is evolving across North America," said Rogol.



Share This Article With Planet Earth
del.icio.usdel.icio.us DiggDigg RedditReddit
YahooMyWebYahooMyWeb GoogleGoogle FacebookFacebook



Related Links
PHOTON Consulting
All About Solar Energy at SolarDaily.com



Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News


SOLAR DAILY
Renewable Oil Companies
St Paul MN (SPX) Feb 08, 2010
The entry of oil companies into the realm of renewable energy could present major obstacles for the development of a sustainable economy that is not based on carbon resources, according to a report in the International Journal of Green Economics. Jack Reardon of the Department of Management and Economics, at Hamline University, in St. Paul, Minnesota, explains that how the transition from ... read more







The content herein, unless otherwise known to be public domain, are Copyright 1995-2010 - SpaceDaily. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement