Renewables Anecdotes and Implications 1) By the end of 2010, Germany’s installed wind and solar capacity could reach 40 gigawatts. Peak demand averages about 90 GW on a warm summer day. On a warm, sunny, breezy day, Germany may satisfy 40-50% of its peak demand with renewable electricity, possibly pushing low cost base loads …
Anecdotes and Implications 1) First Solar has increased its view of 2010 solar PV installations from 7.5 to 9.9 Gigawatts, worldwide. 2) Several investment banks are working on structured products (private or public) to serve institutional or public investors seeking lower risk opportunities in renewable power projects. While direct placement of larger projects …
Renewables Anecdotes and Implications 1) In the last month, several interesting news items on solar, focusing on the Middle East. First Solar has joined the Desertec (www.desertec.org) consortium, which plans to construct a massive ($500 billion investment) network of solar-powered electric generation capacity, in Northern Africa, to supply Europe. Siemens, ABB, and a collection of …
Solar Goes Grid Scale First Solar has signed its second PPA with a California utility. The company will develop, sell (to outside equity/fixed investors) 550 MW of production, under 20 year, fixed power price terms, and then construct the capacity during 2011-2. FSLR has one more project of similar size in the queue. This …