Solar News
How will solar benefit from new processing technology?
June 28th, 2011

A strange thing has begun to occur the solar industry this year.

Almost everyone you talk to says they are really a smart grid company.

Sunverge recently announced a residential solar package that includes grid software and a battery pack that it says will cost less and pay off quicker than a traditional solar system. Sanyo, now part of thePanasonic empire, is studying battery/solar/home management systems too.

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Can Solar Really Get to $1 a Watt
June 28th, 2011

The Department of Energy earlier this year unveiled a program, called SunShot, to bring the price of solar down to $1 a watt by 2017 and 73 cents by 2030.

At that price solar energy will be competitive with conventional forms of electricity.

But is it possible? Crystalline silicon modules now can sell for $1.48 per watt with the cost of fully installed solar systems topping $3 and $4.

Modules will have to drop to 50 cents to hit the $1 per watt goal. The installation and balance-of-system costs will have to plunge from around $1.70 cents to 40 cents. Inverter costs will need to drop to ten cents per watt.

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What’s the Most Important Green Technology in the World?
June 28th, 2011

If you could snap your fingers and invent something that would cure a pressing global problem, what would it be?

A cheap way to extract salt from seawater so we can drink it? Several countries are already dealing with the impact of rising populations and shrinking lakes and wells. For example, in Amman, Jordan the pipes go dry on some days due to a lack of water. Droughts in China, Australia and Ukraine have led to crop failures, rising food prices and dwindling grain stocks.

In the middle of the 20th century, the world had about 4,000 cubic meters of fresh water per person per year, according to DHI Water Group. Now we’re close, globally, to 1,000 cubic meters per person per year. 1,000 cubic meters per person per year is defined as water scarcity.

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CleanPath creates $800 million fund to invest in solar
June 22nd, 2011

Renewable energy investment firm CleanPath will pour more than $800 million into large photovoltaic solar projects in North America, the company said yesterday.

The company’s new fund is expected to invest in more than 1,000 megawatts of solar power plants over the next five years. The plants will range in size from 5 MW to more than 100 MW.

Financing has been a major bottleneck for big solar projects that many see as critical to driving down the cost of the emissions-free power source.

The tax equity market, the key financing tool used by solar developers, has recovered in the years since the collapse of major player Lehman Brothers. In that market, developers sell the future tax benefits of the project to a financial partner who uses them to reduce tax liability.

But solar financing activity is still not at the levels enjoyed prior to the crisis.

“We are looking to do things that are not being done,” CleanPath Chief Executive Matt Cheney said in an interview. “There is certainly an opportunity here.”

Given the high risk associated with financing the later stages of big solar projects, Cheney said CleanPath expected to generate returns of more than 15 percent.

“If you are developing a large-scale solar farm, the checks that you have to write for PPA reservations and transmission deposits and things like that are into the millions,” he said. “It may in fact be difficult for many development shops to finance those later stage deposits and other things. We are writing the big checks.”

[Source: Cnet]

FPL's landmark twin smokestacks, boilers and water tower demolished in Riviera B...
June 20th, 2011

With a flash, a rumble and a series of booms, Florida Power & Light Co.’s landmark 300-foot twin smokestacks, two boilers and water tower were demolished in less than 9 seconds this morning.

The implosion using dynamite went off at 8:30 a.m. smoothly and as scheduled. The operationwas conducted by workers with Controlled Demolition of Phoenix, Md. A voluminous cloud of dust and smoke quickly dissipated. Much of the more than 18,000 tons of debris will be recycled.

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ASTALDI Construction Corp. Goes Solar
ASTALDI Construction Goes Solar ASTALDI Construction Corporation recently added
a building-integrated, rooftop solar energy system to its corporate office building in Davie, Florida...
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PROINSO becomes PV CYCLE point for the collection and
recycling of modules in Europe. The 965 companies in its network of qualified installers and other companies working with the Spanish multinational, can send all types of photovoltaic modules...
Read Full Article

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