Comments on: PG&E’s CEO: Utility-Scale Clean Energy Options are Thin http://earth2tech.com/2007/11/19/pges-ceo-utility-scale-clean-energy-options-are-thin/ Helping the Earth with Technology Thu, 18 Mar 2010 21:25:37 +0000 http://wordpress.com/ hourly 1 By: Thomas http://earth2tech.com/2007/11/19/pges-ceo-utility-scale-clean-energy-options-are-thin/#comment-3968 Thomas Tue, 20 Nov 2007 11:49:54 +0000 http://earth2tech.com/2007/11/19/pges-ceo-utility-scale-clean-energy-options-are-thin/#comment-3968 <p>Especially solar projects are tough, I'd imagine. With costs in the range of around 5 times for the same output as wind you'd need an optimistic investor. Don't look on the finance market. Without any track record, what would they raise debt/equity against?</p> <p>Where will PG&E get those 500m from? Wouldn't anyone think at least twice before giving that amount for renewables, even if it's PG&E asking for it?</p> Especially solar projects are tough, I’d imagine. With costs in the range of around 5 times for the same output as wind you’d need an optimistic investor. Don’t look on the finance market. Without any track record, what would they raise debt/equity against?

Where will PG&E get those 500m from? Wouldn’t anyone think at least twice before giving that amount for renewables, even if it’s PG&E asking for it?

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