It all comes down to cash flow. While renewable prices continue to drop, there is still the need for subsidies to make these projects cost-effective. According to John Eber at J.P. Morgan, the renewable energy market will be similar to 2015 at $13 billion. An interesting 2015 footnote is that it is the first year…
Tag: solar
Tesla Motors Attempts SolarCity Acquistion
Elon Musk, CEO of Tesla Motors, is attempting to purchase SolarCity, another company he is chairman of the board. SolarCity’s shares have dropped 50% and combined with low profits may provide insight as to why Musk would want to combine two companies he already effectively runs. However, Musk say that he envisions a one-stop shop…
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