Hello, and welcome to Power Line, a weekly clean-energy newsletter from Business Insider.<\/p>\n
In two words: Not great.<\/p>\n
But: Musk's firm saw a small bump in installations in the last three months of 2019.<\/p>\n
So is the future bright for Tesla's solar business? We asked analysts for their perspective.<\/p>\n
The good: \"I think they have the opportunity to grow,\" Colin Rusch, an analyst at Oppenheimer & Co., said. He brought up the firm's brand strength and the potential advantage Tesla has through crossover sales (getting people who buy cars to also buy panels.)<\/p>\n
The bad: \"The likelihood that [Tesla's solar business] becomes as big as the EV business is difficult to see,\" Joe Osha, an analyst at JMP Securities, said. \"I don't think anybody really thinks they can make a go for it in conventional panels.\" He also said the solar glass roof is \"pie in the sky.\"<\/p>\n
The worse: \"The idea that they're going to explode in demand is, for lack of a better word, laughable,\" Gordon Johnson, an analyst at GLJ Research, said of Tesla's solar business.<\/p>\n
Sunrun is the largest residential solar installer in the US. Sunrun <\/p>\n
On Thursday, the rooftop solar giant Sunrun released its 2019 installation numbers, and they show the company's widening lead.<\/p>\n
More than 90% of investors don't care about Tesla's solar business, Jeff Osborne, an analyst at Cowen, told me. They've got other interests namely, cars.<\/p>\n
And that's good news, too, because <\/p>\n
Who can even imagine that much money. It's larger than the GDP of Iran and Norway, for reference.<\/p>\n
But it's coming, according to the research firm Lux Research. By 2035, the global battery market will grow to $546 billion in annual revenue.<\/p>\n
We took a look at the six industries fueling that enormous growth.<\/p>\n
You can see the full list here.<\/p>\n
Shell is partnering with the Dutch gas company Gasunie and Groningen Seaports to build the world's largest green hydrogen plant. Lucy Nicholson\/Reuters <\/p>\n
The company is Shell and the hydrogen is green.<\/p>\n
The news: On Thursday, Shell and a couple of partners announced they're planning to build the world's largest green hydrogen plant.<\/p>\n
What's \"green\" hydrogen? Hydrogen gas made with an electrolyzer that's powered by renewable energy.<\/p>\n
Why do we care? Hydrogen is a widely used industrial feedstock, and it's a clean fuel source. The problem is that most of it comes from fossil fuels.<\/p>\n
Get all the deets here.<\/p>\n
These are the people who are set to transform the energy sector through their company, role, or research. You can find details and the link to submit nominations here.<\/p>\n
FYI: We're looking for individuals, not companies.<\/p>\n
That's it! Stay safe, and have a great weekend.<\/p>\n
- Benji<\/p>\n
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Read the rest here:<\/p>\n
Power Line: Tesla's solar slide, and the top battery industries - Business Insider - Business Insider<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Hello, and welcome to Power Line, a weekly clean-energy newsletter from Business Insider. Continue reading