While the entrenched interests of the Second Industrial Revolution are unlikely to simply embrace the Third Industrial Revolution, growth of solar is promising sign of things to come. If we expand the scope of optimism to include financing avenues for renewables, such as Mosaic.com, then be it solar, wind, or geothermal there is momentum that alternatives may be sufficiently scaled to abandon fossil fuels before the most dire scenarios of climate change come to pass.
There are now close to 143,000 jobs in the solar industry in the U.S., and the sector grew almost 20 percent last year, according to a new report from The Solar Foundation. That amount of growth is ten times the national employment growth rate average (1.9 percent) over the same period.
The solar industry added close to 24,000 solar jobs last year, and 90 percent of those jobs were new jobs. Two thirds of those jobs were in the installation sector, and the jobs were distributed across the U.S., many of them in states with strong solar incentives.
Solar financier and installer SolarCity added 2,000 jobs last year on its own and now employs 4,500 workers. The company went public at the end of 2012, and is now trading many times its IPO price. SunPower also added hundreds of jobs last year.
Growth in the solar industry in…
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