'First Solar' and China Plan World's Largest Solar Plant
References: firstsolar & nytimes
First Solar Inc. and China have recently partnered up to build what is anticipated to be the World's Largest Solar Plant.
With an expected size of over 25 square miles, the World's Largest Solar Plant will have a power output equivalent to two full-sized coal burners.
Most importantly, however, the upcoming project is a wake-up call to the rest of the world. Projects like the World's Largest Solar Plant demonstrate how sustainable energy is soon to be the defining factor in a country's ability to move into the future, and China is well on it's way to showing it is ready to meet that future.
With an expected size of over 25 square miles, the World's Largest Solar Plant will have a power output equivalent to two full-sized coal burners.
Most importantly, however, the upcoming project is a wake-up call to the rest of the world. Projects like the World's Largest Solar Plant demonstrate how sustainable energy is soon to be the defining factor in a country's ability to move into the future, and China is well on it's way to showing it is ready to meet that future.
Trend Themes
1. Renewable Energy Expansion - The world's largest solar plant is a clear indication that investing in renewable energy will be crucial, and there are disruptive innovation opportunities in developing more efficient and affordable solar panels and storage systems.
2. Solar Industry Growth - The partnership between First Solar and China highlights the probable growth potential of the solar industry with an emphasis on reducing the cost of electricity generation and increasing efficiency.
3. Energy Independence - As countries like China make huge strides in solar power, there will be a shift towards energy independence and a departure from reliance on fossil fuels.
Industry Implications
1. Solar Energy - As solar energy continues to rise in popularity, there are disruptive innovation opportunities in the development of new and more efficient solar equipment and infrastructure.
2. Renewable Energy Equipment Manufacturing - As renewable energy continues to expand, there are disruptive innovation opportunities for manufacturing companies that specialize in creating equipment and technology necessary for renewable energy.
3. Power and Energy - As the dependence on renewable and sustainable energy grows, there will be disruptive innovation opportunities in power and energy storage systems.
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