Breakthrough Energy Ventures, a Venture Capital firm focused on climate change solutions backed by the likes of Bill Gates, has joined in a $44 million backing from solar startup Terabase Energy, reveals a press release .
Il solar on a planetary scale it is a wish, rather than a reality. Supporters of old fossil technologies, or of "new old technologies" such as nuclear, dismiss renewables hastily as unstable or lacking in storage systems. They brand a world based on renewables as simply "impossible", despite many studies aiming to demonstrate the opposite: the most recent quantifies the enormous costs for a world based on solar parks, wind farms and other renewables, but concludes that six years would be enough to repay them.
Where is the truth? At a certain growth rate, on a certain scale of size, can renewables really prevail? This is what startups like Terabas hope for, which uses robots to lift and install photovoltaic structures.
Production of solar parks at any time of day and night
Completely automating a process such as the installation of solar parks can help significantly accelerate the development of renewables, but above all reduce costs.
“This investment is validation of our vision for rapid deployment of Terawatt-scale solar,” says company co-founder and CEO Matt Campbell. “It took fifty years for the world to get its first terawatt (one million megawatts) of solar energy. But now we need at least another 50 additional Terawatts built as quickly as possible to meet global decarbonization goals.”
It's going to be a long road, no doubt about it. However, two things are certain: the first, implementing clean technologies on a very large scale is our only hope. The second, being able to count on 24/24 construction processes, inevitably shortens the pace.