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	<title>Earth2Tech &#187; Search Results  &#187;  1-solar</title>
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		<title>Earth2Tech &#187; Search Results  &#187;  1-solar</title>
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		<title>Stirling Energy to Kick Off Its First Plant</title>
		<link>http://earth2tech.com/2010/01/14/stirling-energy-to-kick-off-its-first-plant/</link>
		<comments>http://earth2tech.com/2010/01/14/stirling-energy-to-kick-off-its-first-plant/#comments</comments>
		<pubDate>Thu, 14 Jan 2010 22:49:47 +0000</pubDate>
		<dc:creator>Katie Fehrenbacher</dc:creator>
		<category><![CDATA[clean power]]></category> <category><![CDATA[eSolar]]></category> <category><![CDATA[Infinia]]></category> <category><![CDATA[Stirling Energy Systems]]></category>
		<guid isPermaLink="false">http://earth2tech.com/?p=49453</guid>
		<description><![CDATA[As solar thermal firms like eSolar have started flipping switches on their first projects in U.S. deserts, I&#8217;ve been eagerly waiting the stirling engine solar folks to officially enter the game. Looks like we&#8217;re getting one project at the end of this month: Stirling Energy Systems and its developer partner Tessera Solar are planning an [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=earth2tech.com&blog=1197138&post=49453&subd=earth2tech&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p><img class="alignnone size-medium wp-image-49465" title="MaricopaSolar1" src="http://earth2tech.files.wordpress.com/2010/01/maricopasolar1.jpg?w=300&#038;h=167" alt="" width="300" height="167" />As solar thermal firms like <a href="http://earth2tech.com/2009/08/05/live-esolar-flips-the-switch-on-first-solar-power-tower-in-u-s/">eSolar have started flipping switches</a> on their first projects in U.S. deserts, I&#8217;ve been eagerly waiting the <a href="http://en.wikipedia.org/wiki/Stirling_engine">stirling engine solar</a> folks to officially enter the game. Looks like we&#8217;re getting one project at the end of this month: <a href="http://www.stirlingenergy.com/">Stirling Energy Systems</a> and its developer partner <a href="http://www.tesserasolar.com/">Tessera Solar</a> are planning an invite-only kick-off event for the media on Jan. 22 to inaugurate the first project to use Stirling Energy System&#8217;s &#8220;SunCatcher&#8221; solar dish.</p>

<p>Stirling Energy and Tessera have built Maricopa Solar, a 1.5MW solar project in Peoria, Ariz. (Maricopa County) that will use 60 SunCatchers to sell clean power to local <a href="https://www.srpnet.com/Default.aspx">Arizona utility Salt River Project</a>. The ribbon-cutting event is supposed to feature Arizona Gov. Jan Brewer and Department of Energy Solar Program Manager John Lushetsky.</p>

<p>This is just the first small project from the Stirling Energy crew, and the company says that later this year it will start construction of its <a href="http://earth2tech.com/2008/12/05/massive-stirling-solar-system-seeks-cali-approval/">two much larger solar plants in California</a> &#8212; a potentially 900MW plant in Imperial County, Calif. for San Diego Gas &amp; Electric, and a 850MW solar plant in San Bernardino County, Calif. for Southern California Edison.</p>

<p>Founded in 1996, Phoenix, Ariz.-based Stirling Energy has developed a 25 KW electric solar dish that focuses the sun rays directly onto a stirling engine. Stirling engines, <a href="http://www.howstuffworks.com/stirling-engine.htm">which were invented centuries ago</a>, can be more efficient and quieter than internal combustion engines and use a closed system of gases to generate power. Most solar thermal technologies, by contrast, concentrate the sun&#8217;s rays onto liquid, which powers a turbine.</p>

<p>Stirling isn&#8217;t the only company turning to stirling engines for solar power. One example is <a href="http://www.infiniacorp.com/infinia-solar-system.html">Infinia</a>, which is backed by a gaggle of A-list Silicon Valley-ers, including Bill Gross’ Idealab and Paul Allen’s Vulcan Capital. Infinia’s technology is similar to Stirling’s and uses mirrored concentrator dishes to track the sun and reflect its rays into a highly efficient Stirling heat engine. Stirling Energy has <a href="http://earth2tech.com/2008/04/22/11-solar-thermal-companies-powering-up/">raised $100 million from Dublin</a>, Ireland’s NTR, which in the process took a 52-percent stake in the company, according to the Cleantech Group.</p>
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		<slash:comments>7</slash:comments>
	
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			<media:title type="html">katiefehren</media:title>
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			<media:title type="html">MaricopaSolar1</media:title>
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		<title>Earth2Tech&#8217;s Top 10 Most Popular Posts of 2009</title>
		<link>http://earth2tech.com/2009/12/23/earth2techs-top-10-most-popular-posts-of-2009/</link>
		<comments>http://earth2tech.com/2009/12/23/earth2techs-top-10-most-popular-posts-of-2009/#comments</comments>
		<pubDate>Wed, 23 Dec 2009 16:02:37 +0000</pubDate>
		<dc:creator>Katie Fehrenbacher</dc:creator>
		<category><![CDATA[clean power]]></category>
		<guid isPermaLink="false">http://earth2tech.com/?p=48212</guid>
		<description><![CDATA[While we&#8217;d love to think it&#8217;s our smart analysis of greentech businesses, our savvy scoops and our winning personalities that drive your clicks, here&#8217;s a clue into what you like reading. . . . lists! So here&#8217;s our obligatory end-of-the-year top 10 list of the most popular posts on 2009 &#8212; and yes, it is [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=earth2tech.com&blog=1197138&post=48212&subd=earth2tech&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p><img class="alignnone size-medium wp-image-48216" title="newyearsphoto" src="http://earth2tech.files.wordpress.com/2009/12/newyearsphoto1.jpg?w=300&#038;h=237" alt="" width="300" height="237" />While we&#8217;d love to think it&#8217;s our smart analysis of greentech businesses, our savvy scoops and our winning personalities that drive your clicks, here&#8217;s a clue into what you like reading. . . . lists! So here&#8217;s our obligatory end-of-the-year top 10 list of the most popular posts on 2009 &#8212; and yes, it is dominated by all those lists: smart grid, home energy management tools, solar thermal, algae fuel, cellulosic ethanol.</p>

<p><strong>10).</strong> <a href="http://earth2tech.com/2008/04/22/11-solar-thermal-companies-powering-up/">11 Solar Thermal Companies Powering Up:</a> A list of companies that are building massive solar plants in the deserts that use mirrors and lenses to concentrate the sun&#8217;s heat to power a steam turbine.</p>

<p><strong>9).</strong> <a href="http://earth2tech.com/2009/08/26/earth2techs-top-15-smart-grid-influencers/">Earth2Tech&#8217;s Top 15 Smart Grid Influencers:</a> One of my favorites of the year: a list of who I think are the most influential execs in the smart grid world.</p>

<p><strong>8).</strong> <a href="http://earth2tech.com/2008/05/05/25-who-ditched-infotech-for-cleantech/">25 Who Ditched Infotech for Cleantech:</a> A bunch of folks that made the successful transition from infotech to greentech.</p>

<p><strong>7).</strong> <a href="http://earth2tech.com/2009/02/09/google-jumps-into-organizing-smart-meter-energy-data/">Google Jumps Into Organizing Smart Meter Energy Data:</a> Google&#8217;s PowerMeter shook up the utility and energy landscapes in 2009 &#8212; now we&#8217;ll see if they can gain traction with the tool in 2010.</p>

<p><strong>6).</strong> <a href="http://earth2tech.com/2008/10/06/bloom-energy-close-to-unveiling-its-fuel-cell/">Bloom Energy: &#8220;Close&#8221; to Unveiling Its Fuel Cell:</a> Ah, Bloom. Everyone wants to know what&#8217;s going on with you.</p>

<p><strong>5).</strong> <a href="http://earth2tech.com/2008/06/03/12-companies-racing-to-build-cellulosic-ethanol-plants-in-the-us/">11 Companies Racing to Build U.S. Cellulosic Plants:</a> Most of these companies that were rushing to build cellulosic ethanol plants in 2008, are still toiling over them in 2009 &#8212; and will continue in 2010.</p>

<p><strong>4).</strong> <a href="http://earth2tech.com/2007/12/19/faq-thin-film-solar/">FAQ: Thin-Film Solar:</a> It&#8217;s thin, it&#8217;s commonly not made of silicon, and it&#8217;s the future of the solar photovoltaic industry.</p>

<p><strong>3).</strong> <a href="http://earth2tech.com/2009/01/26/faq-smart-grid/">FAQ: Smart Grid:</a> 2009 was the year of the smart grid, and here&#8217;s a primer on what you need to know.</p>

<p><strong>2).</strong> <a href="http://earth2tech.com/2009/04/14/10-energy-dashboards-for-your-home/">10 Monitoring Tools Bringing Smart Energy Home:</a> Given this market is so new, here&#8217;s a handy-dandy list of the tools already out there.</p>

<p><strong>1).</strong> <a href="http://earth2tech.com/2008/03/27/15-algae-startups-bringing-pond-scum-to-fuel-tanks/">15 Algae Startups Bringing Pond Scum To Fuel Tanks:</a> Thanks algae fuel &#8212; you&#8217;re the list that keeps on giving.</p>

<p><em>Image courtesy of </em><a href="http://www.flickr.com/photos/legalnonresident/3158472560/"><em>legalnonresident’s Flickr Creative Commons</em></a><em>.</em></p>
<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=earth2tech.com&blog=1197138&post=48212&subd=earth2tech&ref=&feed=1" />]]></content:encoded>
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		<slash:comments>4</slash:comments>
	
		<media:content url="http://0.gravatar.com/avatar/0c61eb5d3c638c5b371fc84afd2831b4?s=96&#38;d=http%3A%2F%2F0.gravatar.com%2Favatar%2Fad516503a11cd5ca435acc9bb6523536%3Fs%3D96&#38;r=G" medium="image">
			<media:title type="html">katiefehren</media:title>
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		<title>Cleantech Counterpoint: How California Can Learn From Spain&#8217;s Clean Power Folly</title>
		<link>http://earth2tech.com/2009/10/07/cleantech-counterpoint-how-california-can-learn-from-spains-clean-power-folly/</link>
		<comments>http://earth2tech.com/2009/10/07/cleantech-counterpoint-how-california-can-learn-from-spains-clean-power-folly/#comments</comments>
		<pubDate>Wed, 07 Oct 2009 20:00:02 +0000</pubDate>
		<dc:creator>Jeff Nolan</dc:creator>
		<category><![CDATA[Policy]]></category>
		<guid isPermaLink="false">http://earth2tech.com/?p=42282</guid>
		<description><![CDATA[Renewable energy has for years been hailed as the predominant solution to California&#8217;s energy dilemma, a sentiment that more recently has been supported by public policy as well. But while there&#8217;s no question that sustainable energy is exciting, if Spain&#8217;s experience is any example, misplaced government mandates, aggressive special interests and taxpayer-funded subsidies for the [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=earth2tech.com&blog=1197138&post=42282&subd=earth2tech&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p><img src="http://earth2tech.files.wordpress.com/2009/10/jeff-nolan-headshotsmall3.jpg?w=126&#038;h=170" alt="Jeff Nolan headshotsmall3" title="Jeff Nolan headshotsmall3" width="126" height="170" class="alignnone size-full wp-image-42752" />Renewable energy has for years been hailed as the predominant solution to California&#8217;s energy dilemma, a sentiment that more recently has been supported by public policy as well. But while there&#8217;s no question that sustainable energy is exciting, if Spain&#8217;s experience is any example, misplaced government mandates, aggressive special interests and taxpayer-funded subsidies for the clean power industry would cost us dearly.</p>

<p>Spain is often held up as the role model for renewable energy development. The Spanish government has been generous with subsidies for clean power in the form of grants and direct low-interest loans &#8212; <a href="http://solarfeeds.com/energy-boom/8811-solar-power-subsidies-collapse-in-spain.html">$1.6 billion for the solar industry alone in 2008</a>. The result has been that it&#8217;s basically subsidized companies&#8217; losses and the true costs of renewable energy development has not been passed on to the consumer. Now the Spanish government is warning that its clean power policies could result in significant end user cost increases for electricity &#8212; for many years to come.</p>

<p><strong>Spain&#8217;s Clean Power Folly</strong></p>

<p><a href="http://www.sourcewatch.org/index.php?title=Gabriel_Calzada">Gabriel Calzada</a>, a Spanish economist and critic of the government’s approach to the solar market, notes that for each job his country&#8217;s alternative energy sector has created the cost to the Spanish government was $855,000. While hundreds of jobs were created during the construction phase of these alternative energy projects, few of them were permanent. Even more discouraging, according to Calzada, for every “green job” created in Spain, 2.2 jobs in other sectors were lost.</p>

<p>Spain&#8217;s subsidies and low-interest loans, which climbed to $1.6 billion in 2008 from $321 million in 2007, resulted in an explosion in solar panel manufacturing. But as the global recession hit and solar purchases took a dive, the Spanish government sought to reel in overcapacity and the market collapsed, resulting in thousands of job losses (and an unemployment rate of as high 18 percent) as the government –- and taxpayers -– no longer footed the bill.</p>

<p>Spain’s approach to renewable energy development was fundamentally flawed. And California, if it&#8217;s not careful, could find itself repeating Spain&#8217;s mistakes.</p>

<p><strong>California Following in Spain&#8217;s Footsteps?</strong></p>

<p>Here in California, according to the 2006 law AB32, investor-owned utilities are required to deliver 20 percent of their electricity from renewable sources by 2010. That’s a target the utilities will certainly miss because only 13 percent of the power delivered today is considered renewable, according to figures made public by the California Public Utilities Commission (CPUC). Even that agency is saying it will likely be 2014 before the 20 percent target is met. AB32 also created the regulatory framework by which the California Air Resources Board (CARB) could mandate that 33 percent of that power has to come from renewable sources by 2020, a mandate which Governor Schwarzenegger authorized by executive order last month.</p>

<p>Meanwhile, over in the Assembly, state senator Joe Simitian came out with a bill titled SB 14, which would require investor-owned utilities in California to not only deliver 33 percent of their power from renewable sources by 2020 but also require them to produce it in California. This would pose a real problem, however, as California doesn&#8217;t actually produce much power, but rather pipes it in from other western states and the Canadian province of British Columbia.</p>

<p>While the governor has announced that he plans to veto SB 14, the details of its proposal are worth noting. It attempts to force utilities to abandon existing sources of clean energy (California uses a lot of hydroelectric power) and replace it with new clean power generation that would have to be built within the state. According to utilities, the cost for complying with SB 14 on top of existing state mandates would exceed $115 billion by 2020.</p>

<p>To put that in perspective, PG&amp;E, SDG&amp;E, and Southern California Edison combined sell about $25 billion in energy (gas and electric) each year. In other words,  Californians would see a sobering increase to their utility bills.</p>

<p><strong>Don&#8217;t Go There</strong></p>

<p>This micromanagement of the electricity marketplace is in essence an attempt at centralized economic planning, and would have dire consequences for the state. Simitian’s approach would foist significant costs on the consumer in the name of job creation.</p>

<p>But when power gets expensive, industries leave. It’s no secret that Google and Microsoft have been building out their massive data centers not in California but in the Northwest, where power is cheap. Over 25 percent of California&#8217;s manufacturing jobs &#8212; 35 percent of all high-tech manufacturing jobs &#8212; have left the state since 2000, according to a report prepared by the Milken Institute, to the benefit of neighboring states Arizona, Nevada and Texas.</p>

<p>The future of California is inextricably linked to Californians having jobs, but if the Legislature gets its way every job created in alternative energy will be accompanied by an exodus of jobs in other industries. While Spain&#8217;s policies have caught the attention of the world&#8217;s clean power industries and make for exciting reading material, California would be very unwise to follow that country&#8217;s lead.</p>

<p><em>Jeff Nolan is a former enterprise software venture capitalist and media/advertising executive who blogs at <a href="http://jeffnolan.com/">Jeffnolan.com</a>.</em></p>
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		<slash:comments>23</slash:comments>
	
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			<media:title type="html">katiefehren</media:title>
		</media:content>

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			<media:title type="html">Jeff Nolan headshotsmall3</media:title>
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		<title>For Solar Power Plants, the Boring Stuff Can Be the Sticking Point</title>
		<link>http://earth2tech.com/2009/08/12/for-solar-power-plants-the-boring-stuff-can-be-the-sticking-point/</link>
		<comments>http://earth2tech.com/2009/08/12/for-solar-power-plants-the-boring-stuff-can-be-the-sticking-point/#comments</comments>
		<pubDate>Wed, 12 Aug 2009 07:00:00 +0000</pubDate>
		<dc:creator>Katie Fehrenbacher</dc:creator>
		<category><![CDATA[clean power]]></category> <category><![CDATA[Bright Source]]></category>
		<guid isPermaLink="false">http://earth2tech.com/?p=38930</guid>
		<description><![CDATA[Raising hundreds of millions of dollars, engineering just the right design and brokering decade-long deals for cutting edge technology with cautious utilities, sound like pretty big hurdles to building massive solar power plants in the deserts. But it can actually be the boring stuff &#8212; permitting and siting of solar plants and transmission lines &#8212; [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=earth2tech.com&blog=1197138&post=38930&subd=earth2tech&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p><img src="http://earth2tech.files.wordpress.com/2009/08/brightsourceimage3.jpg?w=250&#038;h=203" alt="BrightSourceimage3" title="BrightSourceimage3" width="250" height="203" class="alignnone size-full wp-image-38946" />Raising hundreds of millions of dollars, engineering just the right design and brokering decade-long deals for cutting edge technology with cautious utilities, sound like pretty big hurdles to <a href="http://earth2tech.com/2008/04/22/11-solar-thermal-companies-powering-up/">building massive solar power plants in the deserts</a>. But it can actually be the boring stuff &#8212; permitting and siting of solar plants and transmission lines &#8212; that are causing significant roadblocks to getting these plants built. That&#8217;s why John Woolard, CEO of <a href="http://earth2tech.com/2009/05/13/pge-brightsource-solar-deal-now-worlds-largest-at-1310-mw/">solar thermal startup BrightSource</a>, called upon policy leaders at the National Clean Energy Summit in Las Vegas on Monday to roll-up-their-sleeves and help speed the administrative processing along.</p>

<p>The parts of the solar projects that took a lot of innovation and required a great deal of funds are actually going quite well for BrightSource. <a href="http://earth2tech.com/2008/05/14/google-bp-investors-fund-brightsource-for-115m/">The company raised over $115 million</a> ($160 million total) from a long list of investors including Google.org, BP Alternative Energy, StatoilHydro Venture, VantagePoint Venture Partners, Morgan Stanley, Draper Fisher Jurvetson and Chevron Technology Ventures. And the company has closed deals in the gigawatt range with two of California&#8217;s largest utilities: <a href="http://earth2tech.com/2009/02/11/so-cal-edison-and-brightsource-sign-huge-13gw-solar-deal/">Southern California Edison</a> and <a href="http://earth2tech.com/2009/05/13/pge-brightsource-solar-deal-now-worlds-largest-at-1310-mw/">PG&amp;E</a></p>

<p>But despite all BrightSource&#8217;s work, the company is now facing a holding pattern, waiting for the California Energy Commission and the Bureau of Land Management to move forward on permitting and siting of its solar projects. <a href="http://www.energy.ca.gov/sitingcases/ivanpah/index.html">BrightSource&#8217;s solar farm in Southern California</a>, near the Nevada border, to the west of Ivanpah Dry Lake, is <a href="http://www.energy.ca.gov/siting/solar/index.html">one of the first in the queue</a> that the CEC and BLM are currently reviewing.  &#8220;We&#8217;re in year two of [what was anticipated would be] a one year project,&#8221; said Woolard.</p>

<p>Other solar firms like eSolar are building solar projects on private land, focusing on bypassing public lands that need permits from the CEC and BLM, and using the organizations&#8217; slow-moving process as a competitive edge. Last week eSolar <a href="http://earth2tech.com/2009/08/05/live-esolar-flips-the-switch-on-first-solar-power-tower-in-u-s/">flipped the switch on a small solar project</a> in Lancaster, Calif., that they were able to call &#8220;the first solar thermal power tower plant in the U.S.&#8221; BrightSource also uses a solar power tower design for its solar projects.</p>

<p>The BLM in particular is aware of the problem, and was so overwhelmed with the number of solar applications that it tried to <a href="http://earth2tech.com/2008/06/27/us-suspends-new-solar-projects-on-public-land-reactions-mixed/">put a freeze on accepting new applications for solar companies earlier this year</a>, only to reverse the decision shortly after in the face of opposition. <a href="http://www.blm.gov/wo/st/en/info/newsroom/2009/june/NR_0629_2009.html">The BLM is now working on</a> fast tracking permitting for certain land areas in western regions called the Solar Energy Study Areas, as well as working with states to fast track certain applications.</p>

<p>For solar companies that need to site and get permits for transmission lines, that can add more time, and more oversight from a variety of organizations, like the Federal Energy Regulatory Commission (FERC). It&#8217;s such a big problem that Senate Majority leader Harry Reid said at the Las Vegas conference that he wouldn&#8217;t support a climate bill (currently making its way through the Senate) that did not work out a better, more streamlined system for permitting transmission lines. BrightSource will already have access to transmission lines at its Ivanpah site, so at least it doesn&#8217;t have to wait for that.</p>

<p>BrightSource hopes that its project will be approved by early 2010. And the company is optimistic that after its project&#8217;s approval, the permitting process will likely speed up for other companies&#8217; projects that are in line behind it. &#8220;It&#8217;s a learning curve for everyone,&#8221; said Keely Wachs, BrightSource&#8217;s spokesperson.</p>

<p>While everyone is learning, time is a crucial issue. Utilities need to meet state renewable energy portfolio standards by certain dates and the need to move quickly on fighting climate change is clear. Woolard told the audience and panel of policymakers at the Las Vegas event that what he and the solar industry really need right now is &#8220;roll-up-your-sleeves leadership&#8221; to help speed up these basic &#8220;boring&#8221; processes. Until that happens these types of solar projects are at risk of drowning in the boring and bureaucratic.</p>
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			<media:title type="html">katiefehren</media:title>
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		<title>Cali Cleantech Investment, Jobs Leapfrog U.S.</title>
		<link>http://earth2tech.com/2009/01/27/cali-cleantech-investment-jobs-leapfrog-us/</link>
		<comments>http://earth2tech.com/2009/01/27/cali-cleantech-investment-jobs-leapfrog-us/#comments</comments>
		<pubDate>Tue, 27 Jan 2009 21:01:57 +0000</pubDate>
		<dc:creator>Josie Garthwaite</dc:creator>
		<category><![CDATA[Big Green]]></category> <category><![CDATA[Energy]]></category> <category><![CDATA[Policy]]></category> <category><![CDATA[California]]></category> <category><![CDATA[economic stimulus]]></category> <category><![CDATA[economy]]></category> <category><![CDATA[next 10]]></category> <category><![CDATA[Obama]]></category> <category><![CDATA[solar]]></category> <category><![CDATA[venture capital]]></category>
		<guid isPermaLink="false">http://earth2tech.com/?p=21317</guid>
		<description><![CDATA[If the rest of the country had followed California&#8217;s lead in supporting clean energy, improving efficiency, and creating green jobs, it might not be in the economic doldrums it&#8217;s in today. That&#8217;s the assertion made by venture capitalist F. Noel Perry, founder of the nonprofit policy group Next 10, which has just released a new [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=earth2tech.com&blog=1197138&post=21317&subd=earth2tech&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-full wp-image-21309" title="nexttenlogo" src="http://earth2tech.files.wordpress.com/2009/01/nexttenlogo.jpg?w=225&#038;h=102" alt="nexttenlogo" width="225" height="102" />If the rest of the country had followed California&#8217;s lead in supporting clean energy, improving efficiency, and creating green jobs, it might not be in the economic doldrums it&#8217;s in today. That&#8217;s the assertion made by venture capitalist F. Noel Perry, founder of the nonprofit policy group <a href="http://www.next10.org/">Next 10</a>, which has just released <a href="http://www.next10.org/environment/greenInnovation09.html">a new report</a> on how energy efficiency and clean technology has provided stimulus for California&#8217;s economy. “If California had not moved as forcefully to decrease energy consumption over the last three decades, we would be in a much more precarious economic position right now,&#8221; he said in an announcement today. &#8220;Imagine where the country could be if it were as efficient as California.”</p>

<p>Lest our imaginations run wild, let&#8217;s look at the hard facts. As <a href="http://earth2tech.com/2009/01/06/cleantech-venture-investment-in-08-breaks-record-despite-weak-finish/">we&#8217;ve noted before</a>, clean technology investment hit a record $3.3 billion last year. According to the Next 10 report, the California Green Innovation Index, California registered more patents for clean technologies than any other state from 2002 to 2007. Grid-connected solar capacity grew by 41 percent from 2006 to 2007, contributing to a green jobs-creation rate that&#8217;s increasing 10 times faster than total job growth. (Data from 2008, when more than 10 solar thermal companies <a href="http://earth2tech.com/2008/04/22/11-solar-thermal-companies-powering-up/">geared up for major projects</a> in the Mojave Desert, might show even more growth.)</p>

<p>Another factor in the creation of 1.5 million jobs: California residents and companies with lower energy bills had cash to spend on other things.
<img class="alignleft size-full wp-image-21329" title="next10-patents" src="http://earth2tech.files.wordpress.com/2009/01/next10-patents.jpg?w=472&#038;h=114" alt="next10-patents" width="472" height="114" />
<img class="alignleft size-full wp-image-21331" title="next10-vc" src="http://earth2tech.files.wordpress.com/2009/01/next10-vc.jpg?w=472&#038;h=117" alt="next10-vc" width="472" height="117" /></p>

<p>Given that President Barack Obama&#8217;s <a href="http://earth2tech.com/2009/01/22/obamas-green-stimulus-bill-opens-doors-for-tech/">plan for reviving the U.S. economy</a> centers on a Green New Deal, California&#8217;s numbers would appear to make it a model for the nation. Crucially, the state&#8217;s GDP has continued to grow while per-capita emissions have gone down (total emissions, while rising, have slowed in recent years). <img class="alignleft size-full wp-image-21332" title="next10-emissions" src="http://earth2tech.files.wordpress.com/2009/01/next10-emissions.jpg?w=472&#038;h=119" alt="next10-emissions" width="472" height="119" /></p>

<p>But California has some of its own catching up to do &#8212; especially when it comes to fuel economy. According to Next 10, the state has more alt-fuel vehicle registrations than any other state, and the Los Angeles, San Francisco and Sacramento metropolitan areas rank among the top ten markets for hybrids. Yet behind all those shiny new cars are highways choked with gas guzzlers: The most recent data shows California&#8217;s average fuel economy (19.9 mpg) lagging behind the U.S. as a whole (20.1 mpg). <a href="http://earth2tech.com/2009/01/25/obama-expected-to-allow-stricter-auto-emission-standards-for-california/">President Obama&#8217;s push for the EPA</a> to let California enforce tighter fuel economy standards, then, couldn&#8217;t have come too soon.</p>

<p><img class="alignleft size-full wp-image-21330" title="next10-energy" src="http://earth2tech.files.wordpress.com/2009/01/next10-energy.jpg?w=472&#038;h=100" alt="next10-energy" width="472" height="100" /></p>
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			<media:title type="html">Josie</media:title>
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		<title>SunPower Earnings Give Solar Investors Hope</title>
		<link>http://earth2tech.com/2008/10/16/sunpower-earnings-give-solar-investors-hope/</link>
		<comments>http://earth2tech.com/2008/10/16/sunpower-earnings-give-solar-investors-hope/#comments</comments>
		<pubDate>Fri, 17 Oct 2008 04:00:39 +0000</pubDate>
		<dc:creator>Kevin Kelleher</dc:creator>
		<category><![CDATA[Big Green]]></category> <category><![CDATA[Energy]]></category> <category><![CDATA[earnings]]></category> <category><![CDATA[solar]]></category> <category><![CDATA[spwr]]></category> <category><![CDATA[stocks]]></category> <category><![CDATA[sunpower]]></category>
		<guid isPermaLink="false">http://earth2tech.com/?p=12477</guid>
		<description><![CDATA[Like most sectors, the coming crop of quarterly earnings reports from solar companies will be watched closely. There are arguments for and against the health of solar power in the imminent recession.

On the one hand, companies needing capital may be stretched, silicon may be expensive and prices for solar panels may fall. On the other [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=earth2tech.com&blog=1197138&post=12477&subd=earth2tech&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p>Like most sectors, the coming crop of quarterly earnings reports from solar companies will be watched closely. There are <a href="http://seekingalpha.com/article/100221-solar-companies-discuss-possible-effects-of-the-downturn-on-their-industry">arguments </a>for and against the health of solar power in the imminent recession.</p>

<p>On the one hand, companies needing capital may be stretched, silicon may be expensive and prices for solar panels may fall. On the other hand, solar power may be a beneficiary of state and federal fiscal stimulus plans.</p>

<p>In that respect it was very encouraging to solar bulls that SunPower&#8217;s third quarter numbers, released Thursday, were strong. The $377.5 million revenue in the quarter was above analysts estimates of $350.4 million, and the 60 cents a share net profit was above the estimated 56 cents.</p>

<p>And while the company&#8217;s guidance for the current quarter is in line with the Street&#8217;s estimates, SunPower sees 2009 being a moderately strong year. It forecasts its revenue next year to be between $2.05 billion and $2.15 billion (versus the Street&#8217;s $2.06 billion) and earnings of at least $3.50 a share (versus the consensus $3.67 a share).</p>

<p>SunPower CEO Tom Werner said in a statement,</p>

<blockquote>&#8220;Due to strong industry fundamentals, continued execution of our vertical integration strategy, expected gross margin expansion, and our progress on our cost reduction programs, we will materially meet our target operating model in the fourth quarter. We are strategically well positioned for 2009 and remain on track to realize our mission of reducing installed systems cost by 50% from 2006 to 2012.&#8221;</blockquote>

<p>Werner also <a href="http://www.reuters.com/article/marketsNews/idINN1640543420081016?rpc=44">said</a> SunPower is &#8220;fully funded&#8221; to reach its goals and sees no need to raise new funds, even though risk spreads on solar industry financing have increased.</p>

<p>While far from a blowout performance, SunPower&#8217;s ability to show growth this year and confidence in the future was welcome news. The stock rallied 25 percent to $50.99 on Thursday. But it&#8217;s not clear how much that rally means: It simply retraces the 25 percent decline the stock suffered in the previous two days.</p>
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		<title>SkyFuel Unveils Low-Cost Solar Troughs</title>
		<link>http://earth2tech.com/2008/10/10/skyfuel-unveils-its-low-cost-solar-troughs/</link>
		<comments>http://earth2tech.com/2008/10/10/skyfuel-unveils-its-low-cost-solar-troughs/#comments</comments>
		<pubDate>Fri, 10 Oct 2008 15:33:28 +0000</pubDate>
		<dc:creator>Katie Fehrenbacher</dc:creator>
		<category><![CDATA[Startups]]></category> <category><![CDATA[ReflecTech]]></category> <category><![CDATA[SkyFuel]]></category> <category><![CDATA[solar thermal]]></category> <category><![CDATA[solar trough]]></category>
		<guid isPermaLink="false">http://earth2tech.com/?p=11703</guid>
		<description><![CDATA[ SkyFuel officially launched its low cost trough-shaped solar concentrators, dubbed SkyTrough,  at an event in Colorado today. Parabolic troughs are an older solar technology, and while most are made out of glass, SkyFuel’s are made from the company’s own ReflecTech film material — sort of like mylar but sturdier &#8212; which it says [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=earth2tech.com&blog=1197138&post=11703&subd=earth2tech&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p><img src="http://earth2tech.files.wordpress.com/2008/10/skyfuellogo2.jpg?w=225&#038;h=57" alt="" title="skyfuellogo2" width="225" height="57" class="alignnone size-full wp-image-11719" /><a href=""></a> <a href="http://skyfuel.com">SkyFuel</a> officially launched its low cost trough-shaped solar concentrators, dubbed SkyTrough, <a href="http://www.marketwatch.com/news/story/skyfuel-unveils-skytroughtm-worlds-highest/story.aspx?guid=%7BF89421E4-20A7-4CCD-B29E-66EB0525A454%7D&amp;dist=hppr"> at an event in Colorado</a> today. Parabolic troughs are an older solar technology, and while most are made out of glass, SkyFuel’s are made from the company’s own ReflecTech film material — sort of like mylar but sturdier &#8212; which it says can deliver the &#8220;world&#8217;s highest performance, lowest cost utility-scale solar power system.&#8221; The trough system, <a href="http://earth2tech.com/2008/10/01/skyfuel-launching-low-cost-solar-thermal-tech/">which we wrote about earlier this month</a>, concentrates sun light onto a liquid-filled tube, which heats up and powers a steam turbine to produce electricity.</p>

<p>Claiming the world&#8217;s best performing, lowest-cost utility solar system is a bold statement, especially considering there&#8217;s so many competing solar thermal companies out there right now (see our list <a href="http://earth2tech.com/2008/04/22/11-solar-thermal-companies-powering-up/">11 Solar Thermal Companies Powering Up</a>). In fact SkyFuel is making a lot of strong statements, trying to make a splash; they have been much quieter than many of their competitors up to this point. SkyFuel also says that its system &#8220;features the largest parabolic trough modules ever built,&#8221; at 375 feet long and 20 feet tall, and the company&#8217;s aluminum frame makes the system &#8220;30 percent lighter per unit of mirror area than even the best of the previous utility-scale parabolic collectors.&#8221;</p>

<table><tr><td><img src="http://earth2tech.files.wordpress.com/2008/10/skyfuelimage2.jpg?w=450&#038;h=286" alt="" title="skyfuelimage2" width="450" height="286" class="alignnone size-full wp-image-11716" /></table>

<p></tr></td></p>

<p><a href="http://www.marketwatch.com/news/story/skyfuel-unveils-skytroughtm-worlds-highest/story.aspx?guid=%7BF89421E4-20A7-4CCD-B29E-66EB0525A454%7D&amp;dist=hppr">At the launch event in Colorado</a>, the state&#8217;s governor Bill Ritter called SkyFuel an &#8220;example of how Colorado is building a new energy economy and becoming a national and international leader in renewable energy.&#8221; All the states are touting their green companies and green jobs. <a href="http://earth2tech.com/2008/10/09/schwarzenegger-to-kick-off-applied-materials-2mw-solar-system/">Yesterday California Gov. Arnold Schwarzenegger</a> dedicated a solar parking lot at Applied Materials&#8217;campus in Sunnyvale, California. Schwarzenegger said: “We are all going through tough economic times, and this is exactly why I am talking about investing in clean, green technology. It’s one of the best investments out there, and it’s where the innovation and job growth will be.&#8221;</p>

<p>SkyFuel&#8217;s R&amp;D facility is in Arvada, Colo., but its headquarters are in Albuquerque, N.M. &#8212; the company developed its technology in part with a grant from New Mexico Gov. Bill Richardon&#8217;s Energy Innovation Fund, as well as a $17 million Series B round led by Leaf Clean Energy Co., announced last April.</p>

<p>As we said in our report on the company earlier this month, SkyFuel seems to be one of the most realistic and business-savvy of the solar thermal bunch. Their idea is to keep costs low and supply customers with a cheaper version of a tried and true technology, while working to perfect a next-generation technology. The company doesn’t have plans to build factories to produce its own equipment, and plans to partner with power-plant builders and utilities, instead of building its own power plants. SkyFuel&#8217;s V-P of business development, Christopher Huntington, told us the company doesn’t want to compete with the power plant builders but position itself more like Intel, &#8220;&#8230;with &#8220;Intel Inside&#8221; powering the technology.&#8221;</p>

<p><em>Images courtesy of SkyFuel.</em></p>
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			<media:title type="html">katiefehren</media:title>
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		<title>Apollo Solar Powers Up With $4.5M</title>
		<link>http://earth2tech.com/2008/10/06/apollo-solar-powers-up-with-45m/</link>
		<comments>http://earth2tech.com/2008/10/06/apollo-solar-powers-up-with-45m/#comments</comments>
		<pubDate>Mon, 06 Oct 2008 18:39:10 +0000</pubDate>
		<dc:creator>Celeste LeCompte</dc:creator>
		<category><![CDATA[Energy]]></category> <category><![CDATA[Hitlines]]></category> <category><![CDATA[Startups]]></category> <category><![CDATA[apollo solar]]></category> <category><![CDATA[enphase]]></category> <category><![CDATA[GE]]></category> <category><![CDATA[inverters]]></category> <category><![CDATA[premium power]]></category> <category><![CDATA[pv]]></category> <category><![CDATA[pvpowered]]></category> <category><![CDATA[SEGIS]]></category> <category><![CDATA[smart energy]]></category> <category><![CDATA[SmartSpark]]></category> <category><![CDATA[solar]]></category>
		<guid isPermaLink="false">http://earth2tech.com/?p=11099</guid>
		<description><![CDATA[Apollo Solar, a Bethel, Conn.-based manufacturer of electronics for renewable energy devices, has raised $4.5 million in a private offering. Electronic components for solar technology are a fast-emerging investment category.<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=earth2tech.com&blog=1197138&post=11099&subd=earth2tech&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p>Solar power isn&#8217;t all about the panel. Inverters, the electronic devices that regulate the flow of power from solar panels to the electrical grid, are also <a href="http://earth2tech.com/2008/02/22/1-solar-converts-inverters-to-dollars/">gaining interest from investors</a>. Among them is <a href="http://www.apollo-solar.net/">Apollo Solar</a>, a Bethel, Conn.-based manufacturer of electronics for renewable energy devices, <a href="http://www.renewableenergyworld.com/rea/partner/story?cid=3470&amp;id=53768">which said today it has raised $4.5 million in a private offering</a>.</p>

<p>The funding will be used to expand manufacturing and marketing for its inverters, charge controllers and display devices for solar arrays. Apollo didn&#8217;t disclose which investors participated in the offering, but we&#8217;ve got a call in to the company and will update when we find out more.</p>

<p>Distributed solar energy could be a significant energy resource as new power-generating technologies hit the market and prices drop. But connecting those resources to the grid in a way that helps utilities make use of them requires better, smarter components. That means inverters and the other electronic components that tie solar panels into our electrical wires and networks are gaining importance and investor interest.</p>

<p>The Department of Energy has dedicated $24 million to its Solar Energy Grid Integration Program (SEGIS), which aims to develop low-cost &#8220;balance of system&#8221; technologies, increase energy harvest from solar panel systems, improve system reliability and ultimately enable greater grid penetration of distributed solar energy resources.</p>

<p>In a first round of funding totaling $2.9 million announced in August, DOE selected 12 vendors, including Apollo Solar, for cost-sharing partnerships aimed at market analysis and component design. Apollo received support to develop components for residential-size solar electric systems &#8220;able to communicate with utility energy portals to implement the seamless two-way power flows of the future,&#8221; <a href="http://www.energy.gov/news/6477.htm">according to a DOE release</a>.</p>

<p>Other participants, including <a href="http://earth2tech.com/2008/09/09/enphase-energy-raises-15m-for-distributed-solar-inverters/">EnPhase</a>, <a href="http://pvpowered.com/news_9_29_08.php">PVPowered</a>, <a href="http://www.smartsparkenergy.com/">SmartSpark</a>, <a href="http://earth2tech.com/2008/09/17/google-and-ge-join-up-to-tackle-energy-policy-tech/">GE</a> and <a href="http://www.premiumpower.com/">Premium Power</a>, are tasked with developing components for other smart-grid-plus-solar technologies &#8212; including back-up power systems, plug-in hybrids and traditional building energy management systems. Meanwhile, Xantrex Technology, another company in the inverter space, was acquired in late September for $500 million by French company Schneider Electric. Apollo&#8217;s announcement today seems like just the start of what is likely to be a much longer line of investments ahead.</p>
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		<slash:comments>1</slash:comments>
	
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			<media:title type="html">celestelecompte</media:title>
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		<title>Ausra Heats Up With $60.6M to Build First U.S. Solar Project</title>
		<link>http://earth2tech.com/2008/10/01/ausra-heats-up-with-606m-to-build-first-us-solar-project/</link>
		<comments>http://earth2tech.com/2008/10/01/ausra-heats-up-with-606m-to-build-first-us-solar-project/#comments</comments>
		<pubDate>Wed, 01 Oct 2008 19:33:22 +0000</pubDate>
		<dc:creator>Katie Fehrenbacher</dc:creator>
		<category><![CDATA[Startups]]></category> <category><![CDATA[Ausra]]></category> <category><![CDATA[solar thermal]]></category>
		<guid isPermaLink="false">http://earth2tech.com/?p=10716</guid>
		<description><![CDATA[We were pretty sure that the news that solar thermal startup Ausra had raised $25 million back in August, wasn&#8217;t the full story &#8212; Ausra Executive VP Robert Morgan had said that the company was looking to raise a round closer to $50 million for its Series C. Well, this afternoon Ausra says that it [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=earth2tech.com&blog=1197138&post=10716&subd=earth2tech&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p><a href="http://earth2tech.files.wordpress.com/2008/07/ausra_logo.gif"><img class="alignnone size-full wp-image-2749" title="ausra_logo" src="http://earth2tech.files.wordpress.com/2008/07/ausra_logo.gif?w=214&#038;h=70" alt="" width="214" height="70" /></a>We were pretty sure that the <a href="http://earth2tech.com/2008/08/08/ausra-big-solar-getting-bigger/">news that solar thermal startup Ausra had raised</a> $25 million back in August, wasn&#8217;t the full story &#8212; Ausra Executive VP Robert Morgan had said that the company was looking to raise a round closer to $50 million for its Series C. Well, this afternoon <a href="http://www.marketwatch.com/news/story/ausra-secures-606-million-funding/story.aspx?guid=%7BC92453B6-246B-4B5C-9EDA-C57F865036DC%7D&amp;dist=hppr">Ausra says that it has closed a round</a> of $60.6 million. The round includes Al Gore&#8217;s investment fund <a href="http://www.generationim.com">Generation Investment Management,</a> as well as KERN Partners, Starfish Ventures and founding investors Kleiner Perkins Caufield &amp; Byers and Khosla Ventures.</p>

<p>The company says the funds will partly go towards completing its first solar power plant in the U.S., a 5 MW project called <a href="http://www.bakersfield.com/hourly_news/story/529520.html">Kimberlina near Bakersfield, Calif.,</a> which will use Ausra&#8217;s linear Fresnel concentrator technology. The company is also working on a 177 MW solar project for PG&amp;E in central California.</p>

<p>Ausra is just one of <a href="http://earth2tech.com/2008/04/22/11-solar-thermal-companies-powering-up/">more than a dozen companies</a> building solar plants in the deserts that use the sun’s heat to generate power; the plantsuse mirrors and lenses to concentrate sunlight to heat tubes of liquid and power steam turbines. <a href="http://earth2tech.com/2008/10/01/skyfuel-launching-low-cost-solar-thermal-tech/">Startup SkyFuel is also working</a> on Linear Fresnel technology, but plans to use heated molten salt, while Ausra says it plans to work with heated water.</p>
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			<media:title type="html">katiefehren</media:title>
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		<title>Ausra: Big Solar Getting Bigger</title>
		<link>http://earth2tech.com/2008/08/08/ausra-big-solar-getting-bigger/</link>
		<comments>http://earth2tech.com/2008/08/08/ausra-big-solar-getting-bigger/#comments</comments>
		<pubDate>Fri, 08 Aug 2008 16:15:19 +0000</pubDate>
		<dc:creator>Katie Fehrenbacher</dc:creator>
		<category><![CDATA[Startups]]></category> <category><![CDATA[Ausra]]></category>
		<guid isPermaLink="false">http://earth2tech.com/?p=5456</guid>
		<description><![CDATA[Ausra, the startup that&#8217;s building massive solar thermal plants in the desert and has already raised tens of millions of dollars from Kleiner Perkins and Khosla Ventures, is still adding to its war chest. According to a regulatory filing picked up by Pehub.com, the Palo Alto, Calif.-based company has raised $25.4 million in Series C [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=earth2tech.com&blog=1197138&post=5456&subd=earth2tech&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p><a href="http://earth2tech.files.wordpress.com/2008/08/ausra.jpg"><img src="http://earth2tech.files.wordpress.com/2008/08/ausra.jpg?w=168&#038;h=140" alt="" title="ausra" width="168" height="140" class="alignnone size-full wp-image-5468" /></a><a href="http://www.ausra.com/">Ausra</a>, the startup that&#8217;s building massive solar thermal plants in the desert and has already raised tens of millions of dollars from Kleiner Perkins and Khosla Ventures, is still adding to its war chest. According to a <a href="http://www.pehub.com/article/articledetail.php?articlepostid=13924">regulatory filing picked up by Pehub.com,</a> the Palo Alto, Calif.-based company has raised $25.4 million in Series C funding. And that&#8217;s probably just the first half of the round, given that Executive VP Robert Morgan <a href="http://earth2tech.com/2008/07/14/a-funny-use-for-solar-powered-steam-oil-recovery/">said at the Intersolar conference last month</a> that the company was looking to raise closer to $50 million for its Series C.</p>

<p>In fact a report from CNET had pegged the round at  <a href="http://earth2tech.com/2008/02/21/ausra-hot-on-the-trail-of-more-cash/">closer to the $100-$150 million range</a>. Perhaps the company has dialed back on its funding plans in the face of an uncertain investment tax credit? The CNET report also said that the company would need two project financings next year and that it planned to go public by 2010.</p>

<p>This latest round of funding included a new backer, private equity firm <a href="http://www.kernpartners.com/">KERN Partners</a>, as well as existing investors Khosla Ventures and Kleiner Perkins. KERN invests in a lot of Canadian firms, so might Ausra be looking at solar markets up North? We&#8217;ve contacted the company and are waiting to hear back.</p>

<p>Ausra is <a href="http://earth2tech.com/2008/04/22/11-solar-thermal-companies-powering-up/">just one of more than a dozen companies</a> building solar plants in the deserts that use the sun&#8217;s heat to generate power. Ausra manufactures cheap, flat mirrors that incorporate what its calls Compact Linear Fresnel Reflector technology, which concentrates light to heat tubes of water and power steam turbines. The startup has a manufacturing facility near Las Vegas and has signed a power purchase agreement with PG&amp;E for 177 MW from its farm in San Luis Obispo County, Calif.</p>
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			<media:title type="html">katiefehren</media:title>
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		<title>Xantrex&#8217;s Inverters Are on the Block</title>
		<link>http://earth2tech.com/2008/07/23/xantrexs-inverters-are-on-the-block/</link>
		<comments>http://earth2tech.com/2008/07/23/xantrexs-inverters-are-on-the-block/#comments</comments>
		<pubDate>Wed, 23 Jul 2008 21:31:41 +0000</pubDate>
		<dc:creator>Craig Rubens</dc:creator>
		<category><![CDATA[Big Green]]></category> <category><![CDATA[inverter]]></category> <category><![CDATA[Xantrex]]></category>
		<guid isPermaLink="false">http://earth2tech.com/?p=3633</guid>
		<description><![CDATA[Shares of power electronics maker Xantrex closed up 19 percent Wednesday after the power electronics maker announced that it&#8217;s in exclusive negotiations to be acquired. CleanBreak estimates that a deal for the Burnaby, British Columbia-based company, which makes solar power inverters, could be worth as much as $400 million.

CleanBreak isn&#8217;t surprised by the possibility of [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=earth2tech.com&blog=1197138&post=3633&subd=earth2tech&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p><a href="http://earth2tech.files.wordpress.com/2008/07/xantrex.jpg"><img src="http://earth2tech.files.wordpress.com/2008/07/xantrex.jpg?w=225&#038;h=69" alt="" title="xantrex" width="225" height="69" class="alignnone size-full wp-image-3634" /></a>Shares of power electronics maker <a href="http://www.xantrex.com/">Xantrex</a> <a href="http://www.marketwatch.com/quotes/ca/xtx">closed up 19 percent</a> Wednesday after the power electronics maker <a href="http://www.xantrex.com/web/did/1855/readnews.asp">announced</a> that it&#8217;s in exclusive negotiations to be acquired. <a href="http://tyler.blogware.com/blog/_archives/2008/7/23/3806553.html">CleanBreak</a> estimates that a deal for the Burnaby, British Columbia-based company, which makes solar power inverters, could be worth as much as $400 million.</p>

<p>CleanBreak isn&#8217;t surprised by the possibility of an acquisition, calling Xantrex &#8220;a success story that investors didn&#8217;t fully appreciate.&#8221; <a href="http://www.marketwatch.com/news/story/xantrex-technology-inc-reports-2008/story.aspx?guid={8143CF5F-B9B0-45FD-8211-B862CAFC94AB}&amp;dist=TQP_Mod_pressN">The company reported C$62 million in revenue</a> in the first quarter, a 55 percent increase over the same period the year before. Xantrex is scheduled to <a href="http://www.xantrex.com/web/did/1850/readnews.asp">report its second-quarter results</a> at the end of the month.</p>

<p>Xantrex has recently inked $7.3 million worth of supply agreements. Just last week, <a href="http://www.xantrex.com/web/did/1852/readnews.asp">it signed a deal to provide its inverters to solar energy provider Sun Edison</a> over the next year that it says is worth some $5 million. Xantrex will also be supplying the <a href="http://earth2tech.com/2008/07/22/optisolar-quietly-piling-on-cash/">mysterious and cash-laden OptiSolar</a> with <a href="http://www.xantrex.com/web/did/1834/readnews.asp">$1.9 million of inverters</a> for that solar company&#8217;s planned <a href="http://www.optisolar.com/PDF/NR_Sarnia0407.pdf">50-megawatt solar farm</a> in Sarnia, Ontario, by the end of year.</p>

<p>The inverter is a weak link in a solar power system. While solar panels can last upwards of 20 years, the lifespan of inverters can hover around 10 years. But Xantrex isn&#8217;t alone in going after the power electronics market segment of solar. <a href="http://earth2tech.com/2008/01/29/enphase-energy-raises-65m-for-solar-management/">Enphase Energy raised $6.5 million</a> at the start of the year and <a href="http://earth2tech.com/2008/06/10/enphase-energy-starts-selling-its-solar-inverters/">last month started selling its solar inverters</a>. <a href="http://1-solar.com/">1-Solar</a>, a <a href="http://earth2tech.com/2007/10/29/cleantech-startup-competition-announces-winners/">winner in last year&#8217;s California Clean Tech Open</a>, specializes in solar inverters and the <a href="http://earth2tech.com/2008/02/22/1-solar-converts-inverters-to-dollars/">CEO and founder Tranh Nguyen told us</a> back in February that he had a $5 million Series A round in the works and a $72 million sales deal lined up with a southern Californian customer.</p>
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			<media:title type="html">crankarms</media:title>
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		<title>5 Thoughts on U.S. Solar Thermal from Abengoa Solar&#8217;s Fred Morse</title>
		<link>http://earth2tech.com/2008/07/13/5-thoughts-on-us-solar-thermal-from-abengoa-solars-senior-advisor/</link>
		<comments>http://earth2tech.com/2008/07/13/5-thoughts-on-us-solar-thermal-from-abengoa-solars-senior-advisor/#comments</comments>
		<pubDate>Mon, 14 Jul 2008 04:00:25 +0000</pubDate>
		<dc:creator>Katie Fehrenbacher</dc:creator>
		<category><![CDATA[Energy]]></category> <category><![CDATA[Abengoa Solar]]></category>
		<guid isPermaLink="false">http://earth2tech.com/?p=2735</guid>
		<description><![CDATA[With so many venture-backed startups looking to build solar thermal power plants in the U.S. desert, we thought it would be interesting to hear from one of the more well-established &#8212; and well-capitalized &#8212;  players. Abengoa Solar is the solar arm of the decades-old Spanish renewable energy and engineering giant Abengoa, which did 3.21 [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=earth2tech.com&blog=1197138&post=2735&subd=earth2tech&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p>With <a href="http://earth2tech.com/2008/04/22/11-solar-thermal-companies-powering-up/">so many venture-backed startups</a> looking to build solar thermal power plants in the U.S. desert, we thought it would be interesting to hear from one of the more well-established &#8212; and well-capitalized &#8212;  players. <a href="http://www.abengoasolar.com">Abengoa Solar</a> is the solar arm of the decades-old Spanish renewable energy and engineering giant Abengoa, which did 3.21 billion euros ($4.78 billion) in sales in 2007. We chatted with the company&#8217;s senior adviser to the U.S., <a href="http://www.forbes.com/2007/08/16/fred-morse-solar-tech-07egang_cx_ccm_0816morse.html">Fred Morse</a>, who shared with us these five thoughts on the U.S. solar thermal market.</p>

<p><strong>Parabolic Troughs For the U.S.:</strong> Abengoa Solar is planning to only use older parabolic trough technology for its U.S. solar deals &#8212; at least for now. The policy framework and utility contract needs of the U.S. market require that the solar thermal technology be &#8220;proven,&#8221; &#8220;bankable&#8221; and &#8220;reliable,&#8221;  Morse explains, and with the older technology there is the benefit of knowing not only that it works, but for how long it will last and at what cost.</p>

<p>That&#8217;s not to say that Abengoa isn&#8217;t also working with more cutting-edge solar thermal technology, like that of Linear Fresnel (used by Ausra). And Abengoa Solar is currently building a solar power plant using <a href="http://www.abengoasolar.com/sites/solar/en/tec_torre.jsp">Power Tower</a> technology in Sevilla. Because Spain doesn&#8217;t use utility contracts and has feed-in-tariff incentives, the Power Tower tech can be financed more easily, says Morse.</p>

<p><strong>Fastrack for Solar Applications:</strong> On the subject of the Bureau of Land management&#8217;s <a href="http://earth2tech.com/2008/06/27/us-suspends-new-solar-projects-on-public-land-reactions-mixed/">recent solar application freeze</a> <a href="http://earth2tech.com/2008/07/02/about-that-us-solar-freeze-uh-nevermind/">and subsequent unfreeze</a>, Morse suggests that the Bureau could process applications more effectively and efficiently by fastracking solar projects with deadlines. Those with impending deadlines could &#8220;move to the head of the line,&#8221; says Morse.</p>

<p><strong>No ITC, No Arizona Solar Project:</strong> Abengoa Solar <a href="http://earth2tech.com/2008/06/20/abengoa-to-build-us-solar-plant-if-tax-credit-stays/">will not, Morse confirmed</a>, build its planned solar power project, <a href="http://www.abengoasolar.com/sites/solar/en/nproyectos_solana.jsp">Solana</a>, in Gila Bend, Az., unless the ITC is extended. Because the ITC extension is also getting down to the wire (by the end of this year) inaction is already causing delays in the plant&#8217;s construction and could cause difficulty in financing.</p>

<p>In fact Morse says the company is already moving slower on Solana because its waiting to see if the ITC will be renewed. The company is also worried that the longer they hold back on any construction steps because of the ITC, the more construction could cost. Solana requires 3 square miles of steel &#8212; another Golden Gate Bridge &#8212; says Morse, and in the meantime the price of steel keeps going up.</p>

<p><strong>Being Big Has Its Advantages:</strong> Morse points out that compared to the other young startups in the solar thermal biz, Abengoa has decades of project financing experience and has an R&amp;D budget of tens of millions of dollars. Between biofuels and solar, Morse said Abengoa spent over $50 million on R&amp;D alone last year, which he estimates is bigger than the DOE&#8217;s entire R&amp;D budget for solar thermal.</p>

<p><strong>Goals for 2008:</strong> Getting the ITC passed is the first goal, says Morse. Then, assuming that happens soon, Morse says Abengoa Solar will focus on getting the permits and interconnection for the Solana plant. The company is also considering building a mirror factory somewhere in the U.S. Southwest.</p>
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		<slash:comments>8</slash:comments>
	
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		<title>Cleantech Bucks the Downturn: Thank Algae, Solar Thermal</title>
		<link>http://earth2tech.com/2008/07/08/cleantech-bucks-the-downturn-thank-algae-solar-thermal/</link>
		<comments>http://earth2tech.com/2008/07/08/cleantech-bucks-the-downturn-thank-algae-solar-thermal/#comments</comments>
		<pubDate>Tue, 08 Jul 2008 18:02:16 +0000</pubDate>
		<dc:creator>Katie Fehrenbacher</dc:creator>
		<category><![CDATA[Big Green]]></category> <category><![CDATA[Algae]]></category> <category><![CDATA[Cleantech Group]]></category> <category><![CDATA[solar thermal]]></category> <category><![CDATA[venture capital]]></category>
		<guid isPermaLink="false">http://earth2tech.com/?p=2679</guid>
		<description><![CDATA[The most recent quarterly cleantech investing numbers are out from the Cleantech Group, and they contain some upbeat news: Investing in saving the Earth doesn&#8217;t stop when the economy drops &#8212; at least it hasn&#8217;t so far. According to the Cleantech Group, the second quarter of this year was a &#8220;record&#8221; quarter for cleantech venture [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=earth2tech.com&blog=1197138&post=2679&subd=earth2tech&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p>The most recent quarterly cleantech investing numbers are <a href="http://www.businesswire.com/portal/site/google/?ndmViewId=news_view&amp;newsId=20080708005523&amp;newsLang=en">out from the Cleantech Group</a>, and they contain some upbeat news: Investing in saving the Earth doesn&#8217;t stop when the economy drops &#8212; at least it hasn&#8217;t so far. According to the Cleantech Group, the second quarter of this year was a &#8220;record&#8221; quarter for cleantech venture investing, with $2 billion going to 96 companies. That&#8217;s a nearly 60 percent increase from the same period a year ago and higher than the last record quarter &#8212; $1.8 billion from the third quarter of 2007.</p>

<p>The numbers are also notable in that overall venture investing has started to slow down, at least in the first quarter of this year. Yes, the first quarter tends to be cyclical, but venture investing overall in that quarter dropped 8.5 percent compared to the fourth quarter of 2007, and was also down from the same quarter a year earlier. And <a href="http://earth2tech.com/2008/06/29/thank-cleantech-for-the-lack-of-venture-backed-ipos/">not a single venture-backed company</a> went public in the second quarter of this year, according to the National Venture Capital Association. Though whether that was partly cleantech&#8217;s fault <a href="http://cleantechinvesting.greentechmedia.com/2008/06/30/debunking-some-of-the-myths-around-cleantech-venture-capital/">is the subject of much debate</a>.</p>

<table><tr><td><a href="http://earth2tech.files.wordpress.com/2008/07/cleantechstatsq208.jpg"><img src="http://earth2tech.files.wordpress.com/2008/07/cleantechstatsq208.jpg?w=450&#038;h=329" alt="" title="cleantechstatsq208" width="450" height="329" class="alignnone size-full wp-image-2680" /></a></table>

<p></tr></td></p>

<p>So what drove growth in the second quarter? Solar thermal technology and second-generation biofuels, including cellulosic ethanol and algae-based biodiesel.</p>

<p>Solar thermal companies, <a href="http://earth2tech.com/2008/04/22/11-solar-thermal-companies-powering-up/">like these 11 that are building big power plants in the desert</a>, brought in $278 million in venture capital in the second quarter. That brings their year-to-date total to $543 million.</p>

<p>Algae-to-fuel companies (<a href="http://earth2tech.com/2008/03/27/15-algae-startups-bringing-pond-scum-to-fuel-tanks/">there&#8217;s also a lot of those, see these 15</a>) raised $84 million for the quarter, including a $50 million round for Sapphire Energy, which the report says is &#8220;the single largest round ever raised by an algae company.&#8221; Cellulosic ethanol companies like Range Fuels, EdeniQ, Mascoma, and Gevo raised $136 million for the quarter (<a href="http://earth2tech.com/2008/06/03/12-companies-racing-to-build-cellulosic-ethanol-plants-in-the-us/">see these 11 companies building next-gen cellulosic ethanol plants</a>).</p>

<p>The report also has our favorite list, which lays out the top VC cleantech investors and where their money is going:</p>

<ol>
<li><strong>Kleiner Perkins Caulfield &#038; Byers:</strong> 5 investments, Segway, Lehigh Technologies, Amyris Biotechnologies, Verdiem, Jiangxi Tianren Ecological Industry Co.</li>
<li><strong>Foundation Capital:</strong> 4 investments, Control4, Silver Spring Networks, eMeter, SunRun</li>
<li><strong>Quercus Trust:</strong> 4 investments, Firefly, Standard Renewable Energy, Sencera, Hydro Green Energy</li>
<li><strong>Khosla Ventures:</strong> 4 investments, Amyris, Gevo, Firefly Energy, Range Fuels</li>
<li><strong>Draper Fisher Jurvetson:</strong> 3 investments, Brightsource Energy, EdeniQ, GreenFuel Technologies </li></ol>
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			<media:title type="html">katiefehren</media:title>
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		<title>New Mexico Utilities Bonding Over Solar Power Project</title>
		<link>http://earth2tech.com/2008/07/03/new-mexico-utilities-bonding-over-solar-power-project/</link>
		<comments>http://earth2tech.com/2008/07/03/new-mexico-utilities-bonding-over-solar-power-project/#comments</comments>
		<pubDate>Thu, 03 Jul 2008 15:29:15 +0000</pubDate>
		<dc:creator>Katie Fehrenbacher</dc:creator>
		<category><![CDATA[Energy]]></category> <category><![CDATA[New Mexico]]></category> <category><![CDATA[Xcel]]></category>
		<guid isPermaLink="false">http://earth2tech.com/?p=2651</guid>
		<description><![CDATA[While solar projects are getting slated for the deserts of California and Arizona, New Mexico&#8217;s four largest utilities have done a public shout out to bring in a very large solar project to their state. El Paso Electric, Public Service Company of New Mexico, Xcel Energy and Tri-State Generation and Transmission Association have issued a [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=earth2tech.com&blog=1197138&post=2651&subd=earth2tech&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p><a href="http://earth2tech.files.wordpress.com/2008/07/soleltroughs.jpg"><img src="http://earth2tech.files.wordpress.com/2008/07/soleltroughs.jpg?w=232&#038;h=153" alt="" title="soleltroughs" width="232" height="153" class="alignnone size-full wp-image-2653" /></a>While solar projects are getting slated for the deserts of California and Arizona, New Mexico&#8217;s four largest utilities have done a public shout out to bring in a very large solar project to their state. El Paso Electric, Public Service Company of New Mexico, Xcel Energy and Tri-State Generation and Transmission Association have <a href="http://www.tristategt.org/NewsCenter/NewsItems/NM-solar-project-RFP.cfm">issued a request for proposal</a> for a solar power project that could deliver up to 375,000 megawatt-hours annually and power up to 52,000 homes. (hat tip <a href="http://www.upi.com/Energy_Resources/2008/07/02/Southwest_utilities_partner_on_solar_plant/UPI-80471215029013/">UPI</a>, <a href="http://www.greenbiz.com/news/2008/07/03/green-power-heats-up-southwest">GreenBiz</a>).</p>

<p>The request asks solar developers to submit proposals for a project that would use solar parabolic trough technology, would be built in New Mexico and use thermal storage. If the utility group likes any of the submissions it will try to negotiate a contract by the end of 2008 and potentially turn on the clean power for New Mexico customers by the end of 2011. Interested solar companies <a href="http://www.pnm.com/rfp/">read more here</a>.</p>

<p>The New Mexico utilities&#8217; announcement comes in the same week that the Bureau of Land Management did <a href="http://earth2tech.com/2008/07/02/about-that-us-solar-freeze-uh-nevermind/">an about face</a> and decided to continue to accept solar project applications on public land. Previously the Bureau had called for a freeze on all new solar projects on public lands until an environmental assessment could be done. The Bureau of Land Management <a href="http://www.nytimes.com/2008/06/27/us/27solar.html?_r=4&amp;adxnnl=1&amp;oref=slogin&amp;oref=slogin&amp;ref=science&amp;adxnnlx=1214576821-KuBosgXXeLb4hloxhQOcAA&amp;oref=slogin">oversees land in New Mexico</a>.</p>

<p>Dozens of companies are rushing to build solar thermal power plants, which use the sun&#8217;s heat to boil liquid and produce steam that powers a turbine, in U.S. deserts. Check out our list of solar thermal companies that will likely bid on New Mexico&#8217;s proposal. (<a href="http://earth2tech.com/2008/04/22/11-solar-thermal-companies-powering-up/">11 Solar Thermal Companies Powering Up</a>).</p>

<p><em>Photo courtesy of Solel.</em></p>
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		<media:content url="http://0.gravatar.com/avatar/0c61eb5d3c638c5b371fc84afd2831b4?s=96&#38;d=http%3A%2F%2F0.gravatar.com%2Favatar%2Fad516503a11cd5ca435acc9bb6523536%3Fs%3D96&#38;r=G" medium="image">
			<media:title type="html">katiefehren</media:title>
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		<title>U.S. Suspends New Solar Projects on Public Land, Reactions Mixed</title>
		<link>http://earth2tech.com/2008/06/27/us-suspends-new-solar-projects-on-public-land-reactions-mixed/</link>
		<comments>http://earth2tech.com/2008/06/27/us-suspends-new-solar-projects-on-public-land-reactions-mixed/#comments</comments>
		<pubDate>Fri, 27 Jun 2008 17:00:30 +0000</pubDate>
		<dc:creator>Katie Fehrenbacher</dc:creator>
		<category><![CDATA[Energy]]></category> <category><![CDATA[Ausra]]></category> <category><![CDATA[BrightSource]]></category> <category><![CDATA[Nanosolar]]></category> <category><![CDATA[Solel]]></category>
		<guid isPermaLink="false">http://earth2tech.com/?p=2602</guid>
		<description><![CDATA[The hoard of companies rushing to build solar power plants in the U.S. deserts has one big hang-up &#8212; there&#8217;s just too many of them. This has led the U.S. Bureau of Land Management to put a freeze on new solar plants on public lands until a proper environmental assessment can be done, reports the [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=earth2tech.com&blog=1197138&post=2602&subd=earth2tech&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p><a href="http://earth2tech.files.wordpress.com/2008/06/brightsourcedesert.jpg"><img src="http://earth2tech.files.wordpress.com/2008/06/brightsourcedesert.jpg?w=225&#038;h=112" alt="" title="brightsourcedesert" width="225" height="112" class="alignnone size-full wp-image-2604" /></a>The hoard of <a href="http://earth2tech.com/2008/04/22/11-solar-thermal-companies-powering-up/">companies rushing to build solar power plants</a> in the U.S. deserts has one big hang-up &#8212; there&#8217;s just too many of them. This has led the U.S. <a href="http://www.blm.gov/wo/st/en/info/newsroom/2008/may_08/NR_053008.html">Bureau of Land Management</a> to put a freeze on new solar plants on public lands until a proper environmental assessment can be done, <a href="http://www.nytimes.com/2008/06/27/us/27solar.html?_r=3&amp;adxnnl=1&amp;oref=slogin&amp;oref=slogin&amp;ref=science&amp;adxnnlx=1214576821-KuBosgXXeLb4hloxhQOcAA">reports the New York Times</a> this morning.</p>

<p>Such an environmental analysis could take a good two years, which means new applications for solar projects on public lands could be out of luck for that period of time. While this would not effect the more than 130 solar proposals that have been filed with the Bureau since 2005, it could put a damper on startups and entrepreneurs that have been late on getting their paperwork in. The Times report quotes execs from <a href="http://www.ausra.com/">Ausra</a> and <a href="http://www.solel.com/">Solel</a> on how the freeze is a disturbing setback.</p>

<p>On the other hand, other solar companies say that the moratorium on new applications will actually be a good way to streamline an inundated application process. Charles Ricker, senior vice president of marketing and business development for <a href="http://earth2tech.com/2008/05/14/google-bp-investors-fund-brightsource-for-115m/">Oakland-based solar thermal company BrightSource</a>, says that the &#8220;process is getting clogged,&#8221; and &#8220;there are just too many applications&#8221; filed right now.</p>

<p>BrightSource is in favor of the freeze in order to develop a better way to sort through the applications, Ricker says. The company is building plants on public lands and the freeze won&#8217;t jeopardize those plans, according to Ricker. BrightSource is one of the solar thermal industry&#8217;s leaders and <a href="http://earth2tech.com/2008/05/14/google-bp-investors-fund-brightsource-for-115m/">has raised over $115 million</a> from a long list of well known investors like Google.org, BP Alternative Energy, StatoilHydro Venture and Black River, VantagePoint Venture Partners, Morgan Stanley, DBL Investors, Draper Fisher Jurvetson and Chevron Technology Ventures.</p>

<p>So it looks like solar companies&#8217; perspective on the moratorium depends on how early and aggressive the company has already been with its application process. A rush of companies looking to capitalize on a booming market isn&#8217;t uncommon, just most of the time it&#8217;s market conditions that determine which companies will succeed and fail.</p>

<p>The Bureau&#8217;s decision would not only affect solar thermal projects on public lands, but also large solar photovoltaic plants on public lands. Martin Roscheisen, the CEO of <a href="http://earth2tech.com/2008/06/18/nanosolar-prints-thin-film-solar-at-100-feet-per-minute/">thin-film solar company Nanosolar</a>, says the public land freeze is an example of why his company favors a multitude of 1 to 10MW-sized municipal solar farms that blend more easily into the existing landscape and electric infrastructure and can be built on private lands.</p>

<p>Rocheisen says his company&#8217;s thin-film solar technology can enable such smaller plants on private lands like landfills, which could directly feed into municipal electric distribution as opposed to using transmission lines. Rocheisen contends that because solar thermal technology requires a huge amount of land, &#8220;not generally available in the U.S. other than through the government,&#8221; as well as transmission infrastructure and water resources, the technology might not be digestible to communities.</p>

<p>While both technologies will likely make up the future of the solar landscape, neither type of new solar project will get consideration until the U.S. Bureau of Land Management takes a thorough look at the eco-consequences.</p>
<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=earth2tech.com&blog=1197138&post=2602&subd=earth2tech&ref=&feed=1" />]]></content:encoded>
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		<slash:comments>11</slash:comments>
	
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			<media:title type="html">katiefehren</media:title>
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		<title>FPL Bringing Big Solar to Sunshine State</title>
		<link>http://earth2tech.com/2008/06/26/fpl-bringing-big-solar-to-sunshine-state/</link>
		<comments>http://earth2tech.com/2008/06/26/fpl-bringing-big-solar-to-sunshine-state/#comments</comments>
		<pubDate>Thu, 26 Jun 2008 15:21:18 +0000</pubDate>
		<dc:creator>Craig Rubens</dc:creator>
		<category><![CDATA[Energy]]></category> <category><![CDATA[FPL]]></category> <category><![CDATA[photovoltaics]]></category> <category><![CDATA[solar thermal]]></category>
		<guid isPermaLink="false">http://earth2tech.com/?p=2591</guid>
		<description><![CDATA[The Sunshine State could soon capitalize on its namesake and become one of the largest producers of solar energy in the country, if Florida utility FPL follows through on its plan to build three new solar power plants. FPL announced yesterday that it plans to generate 110 megawatts of solar capacity from three separate solar [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=earth2tech.com&blog=1197138&post=2591&subd=earth2tech&ref=&feed=1" />]]></description>
			<content:encoded><![CDATA[<p><a href="http://earth2tech.files.wordpress.com/2008/06/fpl_logo.jpg"><img src="http://earth2tech.files.wordpress.com/2008/06/fpl_logo.jpg?w=150&#038;h=120" alt="" title="fpl_logo" width="150" height="120" class="alignnone size-medium wp-image-2593" /></a>The Sunshine State could soon capitalize on its namesake and become one of the largest producers of solar energy in the country, if <a href="http://www.fpl.com">Florida utility FPL</a> follows through on its plan to build three new solar power plants. FPL <a href="http://www.fpl.com/news/2008/062508b.shtml">announced yesterday</a> that it plans to generate 110 megawatts of solar capacity from three separate solar power plants &#8211; a 75 megawatt solar thermal plant at FPL&#8217;s existing Martin combined-cycle power plant, a 25 megawatt photovoltaic plant in DeSoto County, Fla. and a 10 megawatt photovoltaic plant at the Kennedy Space Center. FPL will build the plants and estimates the three projects will cost a total of $688 million.</p>

<p>FPL says that the 25 megawatt plant will be the largest photovoltaic plant in the world, just eking out the <a href="http://earth2tech.com/2008/05/22/sunedison-duke-largest-solar-pv-farm-in-us/">21.5 megawatt plant SunEdison and Duke Energy</a> claimed would be the largest last month. But neither are nearly as large as <a href="http://venturebeat.com/2008/04/25/we-should-be-talking-more-about-optisolar-a-solar-startup-with-big-plans/">OptiSolar&#8217;s planned 550 megawatt photovoltaic plant</a>. FPL says that these 110 megwatts, in addition to its subsidiary <a href="http://www.energy.ca.gov/releases/2008_releases/2008-06-11_Beacon_informational_hearing.html">Beacon Solar&#8217;s plans for 250 megawatts of solar thermal</a> power in California, make it the world&#8217;s largest producer of solar power.</p>

<p>FPL also claims to be the largest operator of wind energy in the country, a title it is <a href="http://earth2tech.com/2008/04/09/iberdrolas-got-the-most-wind-on-the-block/">battling with Spanish utility Iberdrola</a> to keep. With so many <a href="http://earth2tech.com/2008/04/14/t-boone-pickens-kicking-off-the-worlds-largest-wind-farm/">gigantic wind</a> and <a href="http://earth2tech.com/2008/04/22/11-solar-thermal-companies-powering-up/">solar power projects</a> in the pipeline we expect these superlatives to keep moving around.</p>

<p>While Florida does not have an official renewable portfolio standard <a href="http://online.wsj.com/article/SB121443962081205471.html">the state&#8217;s Governor Charlie Crist</a> has <a href="http://www.news-journalonline.com/NewsJournalOnline/News/Headlines/frtHEAD01POL062208.htm">called on utilities to generate 20 percent</a> of their power from renewable sources and FPL says that these new solar projects will help meet that goal. The projects still need regulatory approval but FPL says they expect to being construction on the 25 megawatt PV farm by the end of the year and start work on the other two plants next year.</p>
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