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\n\u201cThe energy market is $8 trillion and solar is 1% of it today. There will be solar companies with $100 billion market capitalizations in the near future.\u201d
\n\u2013 Frank van Mierlo, CEO of CubicPV
\nInnovation alert: Solar PV manufacturing is coming back to America
\nHarnessing solar rays for power generation has the potential to be one of the world\u2019s most important breakthroughs. The sun hits Earth\u2019s atmosphere at 1,366 Watts per square meter, which provides\xa0more than enough to power the entire world\u2019s energy needs.
\n70 years ago, scientists at Bell Labs figured out how to convert that energy from the sun into electricity through the invention of the\xa0solar photovoltaic cell\xa0(\u201cPV\u201d). Their silicon-based solar cell inventions initially had a 4% efficiency, meaning only 4% of the total energy from the sunlight exposed to the cell was converted into useful electricity.
\nIn this podcast, we break down the rise of solar manufacturing in China, and how U.S.-based companies are reacting to the opportunity to grow into the $8T energy market.\n\n