California is turning to solar power and innovative ways of using energy to fight the droughts, floods and fires which climate change worsens. On California state route 14, about 70 miles north of Los Angeles, somewhere between Mojave desert and the ghost town of Garlock, Martin Hermann has built what he believes is a small but symbolic slice of electricity’s future: a state of the art solar farm that, for the first time, produces electricity in California more cheaply than a plant powered by fossil fuels. Springbok 2, as the project is called, was conceived and built by his company, 8minutenergy, a nod to how long it takes for the sun’s rays to reach earth. The company is now one of the largest in the US solar-power market, with 7,500MW of solar power and more than 50,000 acres of land under development in California, Texas and the south-east, as well as south Asia. It has 700MW of power production already in operation and another 800MW to be completed by next year.
FT 12th Feb 2018 read more »