Tuesday, September 28, 2010

What's happening with PV module costs, pricing? - Photovoltaics World

Technology Review: How Much Will CA Proposition 23 Hurt Renewable Energy?

12 Bloom Energy Servers installed at Adobe Systems - Fuel Cell Today

India tunes the FIT to their own needs

 

 

From: Bloomberg New Energy Finance [mailto:news@newenergyfinance.com]
Sent: Tuesday, September 28, 2010 11:03 AM
To: Monty Bannerman
Subject: Energy: Week in Review

 

Bloomberg New Energy Finance

Week in Review

21-27 September 2010   Vol VI - Issue 53

 

<<< Previous editions | Find out more about the Bloomberg New Energy Finance News and Monthly Briefing Service >>>

Your free round-up of this week's clean energy investment news

 

This Week

INDIA LOOKS TO HARVEST THE LATE-MOVER ADVANTAGE IN SOLAR

The first set of projects under India's ambitious National Solar Mission went under the hammer last week. Initial trends show that the capacity bid for is at least three times more than the 620MW that is to be awarded, though the final numbers could show a much higher multiple.

There are however no alarm bells going off in the Indian finance ministry. The government has what can be referred to as a late-mover advantage, which has allowed it to avoid the excesses seen in some European countries.

There are a few things which stand out in the auction of India's first batch of solar projects, to be set up by 2013, and involving an investment of over USD 2bn.

Upcoming Research

LED investors' guide: lighting the path forward

Energy efficient LEDs are spoken of as an imminent revolution in the $40-80bn lighting industry, a fact that has been reflected in both public markets and private investments. By drawing on Bloomberg New Energy Finance's case-by-case analysis of over 200 organisations active in the space, this Research Note will provide insight and clarity across the full breadth of LED lighting's complex value chain.

 

Next-generation biofuel capacity: from now to 2015

The research note will examine global next generation capacity between 2010 and 2015, the subsidy landscape, and biomass supply among other relevant issues. It will also include some analysis on bioenergy levelised costs for key technologies such as enzymatic hydrolysis and gasification.

For starters, the auction is primarily about large solar thermal. Bids for 470MW of capacity have been invited. This is higher than the total commissioned capacity of 437MW of solar thermal in Spain, the world lead, according to Bloomberg New Energy Finance data.

On the PV side, there are just 150MW of capacity on offer in India's first round through 30 projects of 5MW each to be set up by 2013. That is a small blip in the capacity being added globally. Bloomberg New Energy Finance has projected a PV capacity addition of 14GW-to-19GW in 2010. Up to 1.2GW of new installations are expected in the Czech Republic alone this year. Germany has installed over 3GW of PV in the first half of 2010.

Secondly, there is an element of market price discovery built into the process. The attractive feed-in-tariffs will now cease to matter since the 400-odd applicants will have to offer the largest discounts to get selected, a formula that India has emulated from other countries which have married feed-in-tariffs with reverse-bidding.

Thirdly, the government has limited its own, and the consumer's bill, for solar power by ensuring initial support for only pre-defined solar capacity instead of the anyone-past-the-goalpost kind of a scheme which has led to runaway growth of solar power in parts of Europe.

Fourthly, India has mandated the use of domestically made PV modules in this phase and domestically made cells and modules in the next phase. For solar thermal projects, the rules mandate a 30% local content, both moves reflecting the worrying trend of increasing protectionism in the clean energy sector.

Elsewhere, during the week, there has been a spurt of announcements from various parts of the world committing more renewable power in the overall energy mix. Scotland announced its intention to get 80% of its power from renewable sources by 2020, more than any published estimate from a European Union member state.

California regulators approved rules that would require utilities to get a third of their power from renewable sources by 2020. In US, Senator Jeff Bingaman, a New Mexico Democrat, introduced the Renewable Energy Standard Bill which would require utilities to source 15% of their power from clean energy by 2021.

The island nation of Jamaica also unveiled a policy that proposes a 20% clean power mix by 2020.

Top  

NEX vs AMEX Oil, Nasdaq and S&P 500

 

AMEX Oil, Nasdaq and S&P 500 rebased
30 Dec 2002 = 100

Source: Bloomberg New Energy Finance, AMEX


Subscribers can read Bloomberg New Energy Finance's weekly NEX report by clicking here. For details of how to subscribe for the News and Monthly Briefing service, please click here

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EU-ETS PHASE II CARBON PRICE

 

Source: Bloomberg New Energy Finance


Subscribers can read Bloomberg New Energy Finance's weekly carbon report by clicking here. For details of how to subscribe for the News and Monthly Briefing service, please click here.

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 Information

 

Bloomberg New Energy Finance's latest podcast reviewing the week's news on clean energy will be published on Wednesday 29 September. 



To access a PDF version of the Week in Review, just click here.

 

News Stories

Bloomberg New Energy Finance has published 118 news stories covering investment in the clean energy sector in the last week.

Find out more about the Bloomberg New Energy Finance News and Monthly Briefing Service .

 

Dealwatch Summary

Asset Finance

$229.7m

3

M&A

$92.7m

2

VC/PE

$145.5m

1

 

 Upcoming Events

28 Sep 2010 to 29 Sep 2010
United States (Chicago)

Carbon industry event in North America.

28 Sep 2010 to 29 Sep 2010
United States (Houston, Texas)

Two day conference focused on improving and boosting wind farm operational efficiency and economics.

29 Sep 2010 to 30 Sep 2010
United States (Washington D.C.)

The ACI CCS Summit will give the opportunity to gain insight and meet with those who are driving the adoption of CCS. You'll hear first hand from thought-leaders who are at the forefront of the current CCS activity in the U.S. Bloomberg New Energy Finance will present analysis on the current global status of CCS.

30 Sep 2010 to 30 Sep 2010
Spain (Madrid)

The seminar in Madrid, Spain will focus on the latest developments in EU ETS policy, with an emphasis on Phase III and its impact on regional carbon markets. These interactive seminars are designed to provide deeper insights into the EU ETS and generate thought-provoking discussion and debate amongst senior executives, investors, traders and decision-makers.

30 Sep 2010 to 30 Sep 2010
Spain (Madrid)

The seminar in Madrid, Spain will focus on the latest developments in EU ETS policy, with an emphasis on Phase III and its impact on regional carbon markets. These interactive seminars are designed to provide deeper insights into the EU ETS and generate thought-provoking discussion and debate amongst senior executives, investors, traders and decision-makers.

03 Oct 2010 to 05 Oct 2010
India (Dehradun)

Conference will include lectures, presentations of papers on theme and sub themes of renewable energy, green buildings,CCS, energy conservation, efficiency and environment protection.

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 Most Recent Research

European PV projects in 2011 and their equity returns

You do not have access to this note, which is part of the Insight service. Click here to contact your sales representative.

  27 Sep 2010 - Research Note

Over the past few weeks several governments have announced their PV feed in tariff cuts for 2011, including the Czech Republic, Germany, France, Italy and Spain. A key question for the industry is how these changes will affect solar energy markets. This research note analyses for the various Europea... »

Top  

US waste-to-energy: Bioenergy Insight Call Q3 2010

You do not have access to this note, which is part of the Insight service. Click here to contact your sales representative.

  23 Sep 2010 - Conference Call Presentation

Bloomberg New Energy Finance will closely look at the US waste-to-energy industry in this Q3 Bioenergy Insight Call. It will examine the current market structure, the legislative landscape, MSW supply projections and the economics of turning waste into higher value products. »

Top  

Bingaman's RES: can it pass and does it even matter?

You do not have access to this note, which is part of the Insight service. Click here to contact your sales representative.

  23 Sep 2010 - Analyst Reaction

Senator Bingaman released on 21 September a revised bill to implement a federal renewable electricity standard mandating that an effective 10.5% of total US electricity consumption (15% of applicable consumption) by 2021 should come from renewable sources and energy efficiency. Due to its lenient ta... »

Top  

United States REC Markets Bi-Weekly 20 September 2010

You do not have access to this note, which is part of the Insight service. Click here to contact your sales representative.

  22 Sep 2010 - Analyst Reaction

If ever there was a single case study to encapsulate the idiosyncrasies and debates of the US REC markets, the circumstances around an Ohio biomass plant would be it. The outcome presents substantial risk to PJM Tier 1 developers. »

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© 2010 Bloomberg Finance L.P. All rights reserved. This e-mail has been sent to you by Bloomberg New Energy Finance, a division of Bloomberg Finance L.P. Please feel free to forward it to colleagues interested in renewable energy and energy technologies, provided it is complete and identifies Bloomberg New Energy Finance as the source. Bloomberg New Energy Finance does not purchase data from or to third parties. If you have received this from a colleague and would like to receive your own personal copy each week, please contactsales@newenergyfinance.com Please send any queries/comments to the Week in Review editor, and make sure you send us your own financial transactions in renewable energy and energy technology sector: newsdesk@newenergyfinance.com Bloomberg New Energy Finance services and products (the "Services") are owned and distributed locally by Bloomberg Finance L.P. ("BFLP") and its subsidiaries in all jurisdictions other than Argentina, Bermuda, China, India, Japan and Korea (the "BLP Countries"). BFLP is a wholly-owned subsidiary of Bloomberg L.P. ("BLP"). The Services include electronic trading and order routing services, which are available only to sophisticated institutional investors and only where the necessary legal clearances have been obtained. BFLP, BLP and their affiliates do not provide investment advice or guarantee the accuracy of prices or information in the Services. Nothing on the Services shall constitute an offering of financial instruments by BFLP, BLP or their affiliates. Bloomberg New Energy Finance is a trademark and service mark of BFLP, a Delaware, U.S.A. limited partnership, or its subsidiaries. For full terms and conditions of service, To unsubscribe please click here

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California boosts RPS goal to 33% by 2020. Still needs State legislative approval- POWER-GEN WorldWide

Monday, September 27, 2010

ICTSD • Japan Challenges Canadian Content in Renewable Energy Incentives at WTO

Rethinking renewables: A new approach to energy storage for wind and solar | ECN: Electronic Component News

Supercapacitors R&D gets a shot in the arm. A solid state solution to frequency regulation that probably has legs down the road.

 

http://www.ecnmag.com/News/2010/09/Rethinking-renewables--A-new-approach-to-energy-storage-for-wind-and-solar/

Solarbuzz Defines UK Photovoltaic Market Opportunity as Demand Accelerates | ECN: Electronic Component News

FW: Energy Tax Law Alert: Bonus Depreciation Extended Through 2010

 

 

From: Stoel Rives LLP [mailto:stoel_rives@stoel.com]
Sent: Monday, September 27, 2010 6:10 PM
To: Bannerman, Monty
Subject: Energy Tax Law Alert: Bonus Depreciation Extended Through 2010

 

If you have difficulty viewing this email, please click here:
http://www.stoel.com/showalert.aspx?Show=7062

Energy Tax Law Alert

Bonus Depreciation Extended Through 2010

September 27, 2010

Today the President signed into law the Small Business Jobs Act of 2010, which extends first-year bonus depreciation deductions to projects placed in service in 2010, including projects placed in service before the legislation was passed.

Under the bonus depreciation rule, an owner of qualifying property is entitled to deduct 50% of the adjusted basis of the property in 2010. The remaining 50% of the adjusted basis of the property is depreciated over the applicable tax depreciation schedule. Coupled with short-term MACRS depreciation deductions (e.g., five years), bonus depreciation can cause a project to generate significant tax losses in the early years that can be extremely valuable, particularly if the owner or investor can use the losses to offset other sources of taxable income.

Please contact one of the attorneys listed below if you have questions about bonus depreciation, or if you have questions relating to renewable energy project finance or related tax issues.

Chris Heuer at (503) 294-9206 or ckheuer@stoel.com
Greg Jenner at (612) 373-8857 or gfjenner@stoel.com
Adam Kobos at (503) 294-9246 or ackobos@stoel.com
Carl Lewis at (206) 386-7688 or cslewis@stoel.com
Kevin Pearson at (503) 294-9622 or ktpearson@stoel.com

IRS Circular 230 notice: Any tax advice contained herein was not intended or written to be used, and cannot be used, by you or any other person (i) in promoting, marketing or recommending any transaction, plan or arrangement or (ii) for the purpose of avoiding penalties that may be imposed under federal tax law.

If you currently subscribe to Stoel Rives client alerts, click here to update your contact information and preferences. To join the Stoel Rives mailing list and ensure direct delivery of future alerts, click here to subscribe.

 


Attorney advertising. This is a publication of the Stoel Rives Tax Law Group for the benefit and information of clients and friends. This bulletin is not legal advice or a legal opinion on specific facts or circumstances. The contents are intended for informational purposes only. Copyright 2010 Stoel Rives LLP.  This email was sent from Stoel Rives LLP, 900 SW Fifth Avenue, Suite 2600, Portland, OR 97204.

View this and other Legal Updates on the web at: http://www.stoel.com/alerts.aspx.

To unsubscribe send an email to unsubscribe@stoel.com.

 

P&G Sets New Environmental Goals

A very big player sets an internal mandate for Renewables. Much more of this to come from companies dealing with consumers (or the EPA).

http://www.manufacturing.net/News/2010/09/Environmental-P-G-Sets-New-Environmental-Goals/

Renewables Continue Remarkable Growth | Renewable Energy World

RE: New FIT Program Could Blow California’s Solar Market Wide Open

Do you see this as good or bad for us?

 

From the desk of

Jason Clouet
Managing Director

LAURUS CORPORATION
1880 Century Park East, Suite 1016
Los Angeles, CA 90067 USA

Toll Free:

1 (800) 355-4987 Ext 716

Phone:

1 (310) 356-7631 Ext 716

Fax:

1 (310) 362-0353

Mexico:

52 (55) 5351-4050 Ext 716

 

http://lauruscorporation.com

 

 

From: Monty Bannerman [mailto:mbannerman@arcstarenergy.com]
Sent: Sunday, September 26, 2010 8:14 PM
To: mbannerman1.watts@blogger.com
Cc: 'Allen Draa'; jclouet@lauruscorporation.com
Subject: New FIT Program Could Blow California’s Solar Market Wide Open

 

FIT in CA?

http://glmsunpower.com/blog/?p=14

RE: Commission Approves Eight PV Projects and First Solar PPA (Sep 23, 2010)

No way to find out the PPA rate?

 

From the desk of

Jason Clouet
Managing Director

LAURUS CORPORATION
1880 Century Park East, Suite 1016
Los Angeles, CA 90067 USA

Toll Free:

1 (800) 355-4987 Ext 716

Phone:

1 (310) 356-7631 Ext 716

Fax:

1 (310) 362-0353

Mexico:

52 (55) 5351-4050 Ext 716

 

http://lauruscorporation.com

 

 

From: Monty Bannerman [mailto:mbannerman@arcstarenergy.com]
Sent: Sunday, September 26, 2010 8:13 PM
To: mbannerman1.watts@blogger.com
Cc: 'Allen Draa'; jclouet@lauruscorporation.com
Subject: Commission Approves Eight PV Projects and First Solar PPA (Sep 23, 2010)

 

PPAs executed at the Market Price Referent

http://www.solarbuzz.com/news/NewsNAPR2222.htm

DOE to maintain stimulus spending at $1bn a month - POWER-GEN WorldWide

Sunday, September 26, 2010

New FIT Program Could Blow California’s Solar Market Wide Open

Commission Approves Eight PV Projects and First Solar PPA (Sep 23, 2010)

PPAs executed at the Market Price Referent

http://www.solarbuzz.com/news/NewsNAPR2222.htm

Sharp to Acquire Recurrent Energy for $305 Million (Sep 21, 2010)

Recurrent was maybe the last solar developer to get funded before the crash. The manufacturers are moving to vertical integration to pick up much-needed demand and margin.

Sharp just paid $305M cash on the barrelhead for their pipeline. We know some of the guys  there. They were up there early, and stuck to ground mounts in Ontario when everyone else was chasing rooftops.

http://www.solarbuzz.com/news/NewsNACO1181.htm

declining cost curve

A very reputable group predicts 8%-14% annual decreases in PV module prices.

 

 

http://www.electroiq.com/index/display/photovoltaics-article-display/9450806290/articles/Photovoltaics-World/silicon-photovoltaics/crystalline-silicon/2010/april/paving-the_road__ctm.html

 

 

 

 

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

Monday, September 20, 2010

World Coal Outlook

World Coal Outlook

Over 41% of global electricity generation is from coal. The generation technologies are well established, fuel is abundant, and technical capacity and human expertise is widespread. The World Coal Outlook report analyzes production and consumption data, coal trade, the geographical distribution of coal production, emergence of a single coal market, shipping and freight rates of coal, and coal extraction technologies in the global coal market.

Total U.S. production of coal was 1.17 billion tons in 2008, more than a 95 percent increase since 1973. The leading coal producing states are Wyoming, West Virginia, Kentucky, Pennsylvania, and Montana. These five states produce 73 percent of the coal in the U.S.

Not only does coal provide electricity, it is also an essential fuel for steel and cement production, and other industrial activities. Coal is a combustible, sedimentary, organic rock, which is composed mainly of carbon, hydrogen and oxygen. It is formed from vegetation, which has been consolidated between other rock strata and altered by the combined effects of pressure and heat over millions of years to form coal seams. Coal is a fossil fuel and is far more plentiful than oil or gas, with around 119 years of coal remaining worldwide.

In 2008, foreign countries bought almost seven percent of all the coal produced in the U.S. The biggest foreign markets for U.S. coal are Canada, Brazil, and some European countries. Major coal producing countries such as China, India, USA, Australia, South Africa, Russia, and Poland are analyzed in this report. Regulatory framework governing the global coal industry, is also discussed. According to the World Coal Institute, coal has played a vital role in China providing access to electricity to over 003450 million people in just 15 years.

The People's Republic of China is the largest consumer of coal in the world and is about to become the largest user of coal
derived electricity, generating 1.95 trillion kilowatthours per year. Coal production rose 8.1% in 2006 over 2007, reaching 2.38 billion tons, and the nation's largest coal enterprises saw their profits exceed 67 billion yuan, or $8.75 billion. China has enough coal to sustain its economic growth for a century or more even though demand is currently outpacing production.


 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

Friday, September 10, 2010

Photovoltaics Wire News: New Self-Assembling Photovoltaic Technology That Repairs Itself

Stuckey & Company introduces an insurance program for the renewable energy sector

http://www.pennenergy.com/index/power/display/3572199010/articles/pennenergy
/power/renewable/2010/09/stuckey-__company.html

Stuckey & Company introduces an insurance program for the renewable energy
sector September 9, 2010 Source: Stuckey & CompanyAs the Renewable Energy
industry grows and becomes a major source of this country's power
requirements, an increasing number of companies require an insurance program
specializing in energy segments. Element, A Green Insurance Program from
Stuckey & Company, provides a tailored solution with broad coverage for a
wide array of classes. The Element Program's coverage options can address
both simple and complex needs of companies engaged in each stage of the
industry value chain, from research and development; manufacturing; transit;
construction; installation; and power generation. This top-quality program
offers Property, General Liability, Professional Liability, Workers
Compensation, Umbrella and Inland Marine, all from an A+XV Rated Carrier.
Deductibles for Property insurance range from $250 to $25,000, and insured
may select Replacement Cost or Actual Cash Value. General Liability has been
tailored to the needs of an emerging industry class to include Product
Recall and Replacement Coverage. And Professional Liability can include
electronic media liability, network operations security liability and
coverage for computer products and services. Coverages can include a
renewable enhancement package; power equipment insurance; equipment
breakdown; and "Green Valuation" upgrades. Element is Stuckey & Company's
most recent program launch, although the company has 20 years experience in
specialty programs and commercial lines insurance. Stuckey & Company is very
familiar with the specialized insurance requirements of high-tech companies
and emerging technologies. While some insurers view renewable energy
businesses only as power generation risks, Stuckey & Company has analyzed
the risks and opportunities across the entire value chain. The Element
Program offers comprehensive insurance solutions for start-up, young and
growing, and mature entities engaged in renewable energy, including those in
the solar, wind, geothermal, biomass and hydroelectric markets. As Federal
stimulus dollars support new Green Energy projects – and as global energy
demand increases export opportunities for US-based energy companies, the
Element Program is ready to respond. Dwight Stuckey, President and CEO of
Stuckey & Company, says he is proud to be one of a very limited number of
companies offering this forward-thinking insurance program. "The Element
Program is helping to support the people, companies and innovation that
drive the American dream of clean, renewable energy to power our future," he
says. "From the critical R&D companies looking at next generation
technologies and energy efficiency, all the way through the generation,
transportation and wholesale delivery of energy from renewable sources." The
Element Program is available to independent agents who register with Stuckey
& Company as a licensed agent. (Agents can register online at Stuckey &
Company's web site.) Stuckey & Company has in-house binding authority on all
lines that qualify, and offers quick turnaround on quotes. The program is
licensed in all 48 mainland states. For more information, visit Stuckey &
Compay's web site. Stuckey & Company is a specialty insurance provider based
in Lake St. Louis, Missouri. For 20 years, Stuckey has offered commercial,
professional and personal lines of insurance. Most
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Commented Articles Power Wire News Crown Estate
hits back at its critics Plans For State-of-the-art Power Plant ...
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Photovoltaics Wire News: German Feed in Tariff Driving Market Leadership

Enerkem Building Trash-to-Fuels Plant in Edmonton| Renewable Energy World

A Textbook Example: Why American Schools Must Go Green | Renewable Energy World

California Energy Commission licenses first solar thermal plant in 20-years

Subject: California Energy Commission licenses first solar thermal plant in
20-years

http://www.pennenergy.com/index/power/display/8614621492/articles/pennenergy
/power/renewable/2010/08/california-energy0.html

California Energy Commission licenses first solar thermal plant in 20-years
September 1, 2010 Source: California Energy CommissionThe California
Energy Commission has approved the construction of the proposed Beacon Solar
Energy Project, the first solar thermal power project permitted in 20
years."Today's action begins the journey of increasing clean renewable
energy in California," said Energy Commission Chairman Karen Douglas.Douglas
served as the presiding member of the committee that reviewed the plant's
application for certification.In a unanimous vote, the Energy Commission
adopted the presiding member's proposed decision (PMPD) that recommended
licensing the 250-megawatt facility in eastern Kern County.The last solar
thermal power plants that the Energy Commission approved were Luz Solar
Electric Generating Systems (SEGS) IX and Luz SEGS X in February 1990.The
PMPD for the Beacon Solar Energy Project said the facility, as mitigated,
will have no significant impacts on the environment and complies with
applicable laws, ordinances, regulations, and standards. The PMPD was based
solely on the record of facts that were established during the facility's
certification proceeding.Beacon Solar, LLC, a subsidiary of NextEra Energy
Resources, LLC, would construct, own, and operate the proposed plant. The
project is a concentrated solar electric generating facility on
approximately 2,012-acres in eastern Kern County on the western edge of the
Mojave Desert, four miles from California City and 15 miles north of the
town of Mojave.The project will use well-established parabolic trough solar
thermal technology to produce electrical power using a steam turbine
generator fed from a solar steam generator. The solar steam generators
receive heated heat transfer fluid from solar thermal equipment comprised of
arrays of parabolic mirrors that collect energy from the sun.The federal
government and the State of California have established the need for the
nation and state to increase the development and use of renewable energy in
order to enhance the nation's energy independence, meet environmental goals,
and create new economic growth opportunities. Most
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Commented Articles Power Wire News Meeting of
minds on energy Japan's utilities to invest Y600 bn. Saudi, Chinese JV
wins USD 2.4bn ... More News Wire News provided by  
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U.S. renewable energy developments to double, solar costs halved by ARRA funding - POWER-GEN WorldWide

http://www.powergenworldwide.com/index/display/articledisplay/0263104144/art
icles/powergenworldwide/Business/Policy/2010/08/ARRA-renewable-funding.html

U.S. renewable energy developments to double, solar costs halved by ARRA
funding 24 August 2010-- The White House unveiled a new report, "The
Recovery Act: Transforming the American Economy through Innovation," which
says that because of the Recovery Act's $100 billion in investments, the
U.S. is now on track to achieve four major innovation breakthroughs,
including cutting the cost of solar power in half by 2015 and doubling U.S.
renewable energy generation and manufacturing capacity by 2012.Report
estimates said that the cost of utility-scale solar power is expected to
drop from $0.13/kWh in 2009 to $0.06/kWh in 2015, which would bring the cost
of generating solar power down to the cost of electricity from the grid,
according to the report. Recovery Act funds also help companies scale up
manufacturing and deployment, both of which help to bring down costs of new
technologies.The report also said that more than $23 billion in ARRA
investments will help contribute to doubling the generating capacity of
wind, solar and geothermal energy from 28.8 GW as of 2008 to 57.6 GW by the
end of 2011. It also includes doubling the manufacturing capacity from an
annual output of 6 GW of equipment such as wind turbines and solar panels to
12 GW by the end of 2011. This will also increase the U.S. share of global
manufacturing of solar photovoltaic modules from 8 percent of all production
to 14 percent by 2012.Read more business policy news Latest
Articles Tucson Electric plans to buy 150 MW of renewable energy (Aug
26, 2010) Geothermal One to build geothermal plant in Argentina (Aug 26,
2010) Vattenfall settles coal fired power plant dispute with German state
(Aug 26, 2010) Areva's novel servicing technique for nuclear power plant
valves (Aug 25, 2010) GE launches transformer remote monitoring system
(Aug 25, 2010)
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