solar Archives - Runnymede Capital Management

Financial Freedom and Inbox Zero with Online Entrepreneur Yaro Starak

Long-time online entrepreneur, Yaro Starak shares how he’s built successful businesses, launched start-up companies, and invested his money.

The country that produces the most solar power is…

China has stepped to the forefront of solar energy with its slogan “Promote green development! Develop clean energy!” The country's National Energy Administration revealed that its solar power production more than doubled in 2016, hitting 77.42 gigawatts by the end of the year. China is now the world's biggest generator of solar-based electricity in terms of capacity. Of course it has a long ways to go relative to its population. Japan, Germany and the US each has roughly 40GW of installed capacity.

Tesla begins taking deposits for solar roof

Last year I read the book Elon Musk: Tesla, SpaceX, and the Quest for a Fantastic Future. If you don't know about Elon Musk, I highly recommend the book which takes you from his childhood to today. It is a captivating story of arguably the most successful entrepreneur of his time for his transformation of the automotive and aerospace industries. Last year when Tesla announced that it would buy SolarCity which was highly indebted and burning cash; many analysts questioned the deal. But if you know Elon Musk (even just from the book), you would know never to bet against him. His ambition is inspiring. He wants to fuel the world with clean energy to save the planet; but if he fails, his escape plan is to send us to Mars (seriously). The vision Musk describes with the solar roof is the grand unification of Tesla's clean-energy ambitions, combining solar power, batteries, and electric cars. ”