Silicon Valley makes big push into solar and smart-grid technologies

Cleantech's vast ecosystem includes a dizzying array of emerging technologies, from green building materials to electric vehicles, lighting and wind power. But as Silicon Valley reinvents itself as a global center of clean technology, two sectors — solar power and "smart" upgrades to the electric grid — already are reshaping the valley and changing the way energy is produced and used.
The Bay Area is believed to have the nation's largest concentration of cleantech jobs, and much of that job growth has been in solar and smart grid, technologies that leverage the valley's formidable strengths. Next 10, a nonpartisan think tank, estimates that the Bay Area now has about 7,000 jobs in renewable energy alone.
"The skills that have been put to such good use in the valley with chips — engineering the processes to be more efficient, bringing costs down — are now being applied to solar," said San Jose Mayor Chuck Reed, who wants to create 25,000 new cleantech jobs and cut the city's per capita energy use in half by 2022. "And in order to make a smart grid smart, you've got to collect an enormous amount of information and manage it and network it. It's a huge market opportunity for what companies here are already doing."

Labels: Solar News, Solar Stocks, Solar Technology

posted by Ertai at 1:32 PM