|
Feb 04
|
|
—
|
LONG
|
Chamath Palihapitiya
Host, All-In Podcast / CEO, Social Capital
|
Utility-scale solar projects are reaching multi-gigawatt scale, with data centers, manufacturers, and hyperscalers increasingly contracting directly through long-term Power Purchase Agreements (PPAs). Data center operators alone signed over 40% of all clean energy PPAs in 2024. This indicates robust, predictable demand from large, creditworthy corporate off-takers for long-term solar power, de-risking development and ensuring stable revenue streams for utility-scale solar providers. The "cheapest major source of new electricity" status further underpins this demand. Long positions in companies specializing in developing, owning, and operating large-scale solar farms, particularly those with a strong PPA pipeline with corporate off-takers like data centers. Grid connection bottlenecks, intermittency issues requiring significant storage investment (which adds cost), rising interest rates impacting project financing, policy changes affecting PPAs or incentives. |
Chamath Palihapitiya
Why Is Solar Attracting $500B Every Year
|