3 ms·

See, this is where I get tripped up. Because I'd think that it would definitely be the time to invest. That you'd want to cut a deal to deliver X amount of sola

See, this is where I get tripped up. Because I'd think that it would definitely be the time to invest. That you'd want to cut a deal to deliver X amount of solar capacity / year for the next 20 years at what strikes today's buyer as a cheap price. Then you've locked in the payback for the next two decades as the cost to product plummets and your margins expand every year. There was some talk about how this was the thinking behind the recent "below cost" bids happening in the middle east.

candiodari 9y ago
This is exactly "the datacenter investment". But the only people who can make it are established companies with predictable long-term power needs. You cannot really invest in it. Investing in solar companies however (e.g. SUNE, SCTY, ...) went badly (of course SCTY "turned out well" thanks to Elon Musk putting up 2 billion of not-quite-his-own money to saving it, presumably mostly to protect his reputation. This is ironically another reason not to invest, as the difference between a large loss and a large gain was created only by a large external force (sort-of government even, if you consider just how much government money TSLA gets)) So an investment in SCTY was pretty much a simple bet: "do you believe the government will bail out SCTY ?". The answer was yes, in a roundabout way. In the case of SUNE, the answer was no.