are installed in hundred thousand projects at a time. hundred thousand dollar projects at a time doing $87 billion of work last year. that s a lot of hundred thousand dollar projects on the rooftops of wal-mart. on the rooftops of your relatives. commercial buildings. on churches. on schools where they are used. that s the big fight is that transmission is fantastic if you can build it. but there s a lot of land owners who don t want a transmission line to go through their land and many of the land owners have enough money to take projects and delay them through the courts. so that s where people are moving to distributed generation away from central generation. it is a very exiting time to be in solar. what is going on in the solar market? solar is fundamentally a semi conductor, right? the same way we talked about moores law. same way we talked about innovation in silicon valley. the same benefit in r & d space.
wibd or rain drop. the 8 track economy, right? the fuels of the past, they pollute, they are not even as cheap any more. and then there s the ipod economy, what s going on in energy. there s wind, solar. those are the technologies of the future. how do we get from here, federal government shelling out tens of billions a year in fossil fuel subsidies, to there a cleaner planet with fewer renewables and fossil fuels. one place to look is across the ocean. we might start by taking a page out of the european play book. spain gets half ofity energy from wind and solar. denmark nearly 30% from wind. today germany gets nearly one-fifth of its energy from renewables and has ambitious plans to up that by 30% to 2020 and a hundred percent by 2050. if you look at germany, look at china, they have a larger percentage of renewables. they are creating more jobs than
schedule and two and half times over budget and it is not done yet. you worked for bp solar. we have been talking a lot about fossil fuel companies. how committed are fossil fuel companies to renewables. can reimagine a transmission from where they are now to renewable can companies. bp announced they are sheltering their system and selling off wind mills from around the world, as has shell. ultimately they are doubling down on 20th century technologies they are not interested in the 21st century. how much does the grid have to change in order for us to get to where we want to be in terms of how much of our power is coming from things like solar and wind? now in my world, that the big fight. right? because there are wind farms. they are measuring in hundreds of megawatts who needs transmission to shift power to load centers like cities. where as in the solar industry, the vast majority of our panels
been trying to build a nuclear plant for the past six years. they are four years behind schedule and two and a half times over budget. and it s not done yet. you worked for bp solar. and we ve been talking a lot about the fossil fuel companies. how committed are fossil fuel companies to renewables? can they see a path forward? can we imagine a transition of those companies from where they are now to being renewable companies? bp has actually announced that they ve sheltered their solar division and they are actively selling off all of their wind plants around the world, as has shell. so ultimately, they re doubling down on 20th century technologies. they are not interested in the 21st century. how much does the grid have to change in order for us to get to where we want to be in terms of how much of our power is coming from things like solar and wind? now, in my world, that s the big fight, right? because there are wind farms that are measuring in hundreds of megawatts, who nee
and it s not done yet. you worked for bp solar. and we ve been talking a lot about the fossil fuel companies. how committed are fossil fuel companies to renewables? can they see a path forward? can we imagine a transition of those companies from where they are now to being renewable companies? bp has actually announced that they ve sheltered their solar division and they are actively selling off all of their wind plants around the world, as has shell. so ultimately, they re doubling down on 20th century technologies. they are not interested in the 21st century. how much does the grid have to change in order for us to get to where we want to be in terms of how much of our power is coming from things like solar and wind? now, in my world, that s the big fight, right? because there are wind farms that are measuring in hundreds of megawatts, who need transmission to generate to