Earlier today, Secretary Chu announced on the Department of Energy's Energy Blog that "by the end of this spring, there will be solar panels and a solar hot water heater on the roof of the White House". Of course, we are all familiar with the infamous removal of the last solar water heater by then-President Reagan after it had been installed by President Carter 31 years ago.
Applied Chairman and CEO Mike Splinter spoke today at the University of Wisconsin's 40th Anniversary of Earth Day event. The school is both Mike's almamater and the home of The Nelson Institute, named for Senator Gaylord Nelson, founder of Earth Day. Mike's speech focused on the opportunities that lay before us to scale up the America's next great industry...the renewable energy industry. It is an industry that he believes will be the biggest creator of jobs and economic development this century and one of the keys to America's economic future.
There are a few things in life you can count on. Death and taxes are commonly cited. But in our business, it's the fact that the sun rises every morning. We talk a lot about how solar is a "renewable" energy source, but the meaning of that word hit home this week when natural gas prices jumped five percent.
Thursday's edition of the New York Times has a great piece on Applied's new Solar Research and Development Center in Xi'an China. The Center, which is the world's largest commercial solar R&D Center is nearly 500,000 square feet and includes full crystalline silicon and thin film solar panel lines. The story is well worth the read.
Applied Materials is honored in the current issue of The Massachusetts Institute of Technology's Technology Review as one of the world's 50 most innovative companies. Applied was recognized specifically for "Saving solar costs with large-scale manufacturing."
Applied Materials Chairman and CEO Mike Splinter spoke with CNBC from the World Economic Forum in Davos. He addressed the importance of jobs in the clean technology sector, the need for an energy bill in the United States, and the movement to the next generation of technology and new capabilites.