/PRNewswire/ -- With the signature of Governor Nathan Deal, Georgia's solar energy tax credit is increasing to $5 million annually in 2012, 2013 and 2014 from the current $2.5 million yearly limit. The new law, which the General Assembly approved last month, helps ensure that the vibrant solar energy industry in Georgia continues to thrive, creating jobs and new investment opportunities statewide.
Businesses are eligible to receive up to $500,000 in tax credits to offset the cost of installing solar photovoltaic (PV) electricity generating systems, and homeowners are eligible to receive up to $10,500 in tax credits for residential solar energy systems. The tax credits must be taken over four years. If the $5 million ceiling is reached in any year, eligible taxpayers on a waiting list will have priority over taxpayers that apply for the credits in subsequent years. The Georgia Department of Revenue will determine other administrative details about the tax credits.
Georgia Solar Energy Association (GSEA) Board Member and Advocacy & Education Committee Chairman Greg Chafee, head of the Energy Practice at Morris Manning & Martin, said Governor Deal's leadership made a crucial difference in creating the new solar investment opportunity.
"Thanks to support from Governor Deal, Senate Floor Leader Ronnie Chance (R-Peachtree City), and Representative David Knight, (R-Griffin) Chairman of the Special Committee on Small Business Development and Job Creation, a robust solar energy industry in Georgia will generate employment, improve and diversify our energy infrastructure, and bring the latest in technological innovation to the state," Chafee said.
Anthony Coker, Senior Director for Suniva, Inc., and Vice-Chairman of GSEA, said the increased solar tax credits will help Georgia compete in the economic development market with a meaningful ripple effect on the state's economy.
GSEA board member Sylvia Minton, senior vice president for Mage Solar, a German solar manufacturer with a production facility in Dublin, Ga., Board Member James Marlow, CEO of Radiance Solar, and GSEA State Program Director Joy Kramer attended the signing ceremony at the Georgia State Capitol.
In 2010, clean energy tax credits totaling almost $2 million were awarded to 47 solar PV projects and 90 solar water heating installations in Georgia. The tax credits helped to develop major new solar energy projects including:
* Choate Construction Company Headquarters Building, Atlanta, 74 KW capacity, designed and built by Empower Energy Technology, Atlanta, $575,000 pre-incentive value.
* White Oak Pastures, Bluffton, Ga., beef processing facility, 50,000-watt capacity, $326,000 pre-incentive value, designed and built by Hannah Solar, Atlanta.
* Persimmon Creek Vineyards, sustainable winery in Clayton, GA, solar array designed and built by Radiance Solar, Atlanta.
GSEA Chairman Doug Beebe said he is grateful that Governor Deal and legislative leaders recognize the growing contribution the solar industry is making to Georgia's economy.
"The increased availability of tax credits provides encouragement and support for our hard-working, solar manufacturers, installers, suppliers and consultants to help ensure that they continue to grow and flourish," Beebe said while also noting the upcoming June 24th Solar Summit at Georgia Tech Research Institute Conference Center.
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Showing posts with label solar. Show all posts
Showing posts with label solar. Show all posts
Thursday, May 12, 2011
Wednesday, February 9, 2011
Suniva ARTisun™ Select Solar Cells Surpass 19 Percent Efficiency in Production
(BUSINESS WIRE)--Suniva, Inc., a U.S. manufacturer of high-efficiency monocrystalline silicon solar cells and modules, today announced its next generation ARTisun™ Select series solar cells are in production. These next generation cells are achieving conversion efficiencies of more than 19 percent, a record for screen-printed cells in full-scale production. Suniva attains these efficiencies using a uniform single-sided emitter along with other proprietary innovations on the front side of the cell. Suniva is the first company to successfully leverage ion implantation as an enabling technology in the mass production of solar cells.
Suniva’s unique intellectual property and proprietary processing capabilities, combined with several years of collaborative research and development on ion implantation technology, enables the company to bring ARTisun Select to the market and into full production as the first of its kind using this unique manufacturing technology. Additionally, Suniva simplified its solar cell manufacturing process by eliminating two entire steps, which allows the company to more cost-effectively produce its record-setting cells. The use of ion implantation in Suniva’s manufacturing process is based on years of development collaboration with Varian Semiconductor Equipment Associates (NASDAQ: VSEA).
“Combined with Suniva’s innovative R&D and proprietary processes, ion implantation provides us with a very cost-effective way to manufacture solar cells of 19 percent efficiency without adding complex processes for a selective emitter. We do have the capability to use a selective emitter, but we have not yet chosen to do so,” said Dr. Ajeet Rohatgi, Suniva founder and CTO. “Our unique development process is what will ultimately enable Suniva to achieve efficiencies in the 20 percent range in our third generation cells on n-type wafer and maintain an equally attractive manufacturing cost.”
Suniva’s record-setting efficiencies for low cost cells are being integrated across its module line with module level efficiencies of 16+%. The ARTisun Select product line is a logical progression on Suniva’s technology roadmap towards its next generation products that are in its labs. This technology roadmap is built around multiple proprietary cell structures certified by NREL as achieving 20% efficiency. Suniva previously achieved industry-leading, certified efficiencies of more than 20 percent on screen-printed cells in the lab.
“Leveraging ion implantation in solar cell processing has traditionally proven too costly and slow. Combined with Suniva’s deep research and our own proprietary design, recipes and processes, we have unlocked the value of the ion implanter as an enabling technology for solar cell processing. The result is an immediate, one percent efficiency gain in ARTisun Select, and an ongoing reduction in our cell conversion costs,” said Bruce McPherson, vice president of research and development for Suniva. “We are quite confident that this is just the first step in a multistep process which will take Suniva well into the 20% category of efficiencies while still maintaining low cost screen printed manufacturing processes. Through continued innovation, optimization and modification of cell design and manufacturing processes, and by leveraging both our unique R&D relationship with the University Center of Excellence in Photovoltaics (UCEP) and strategic 3rd party technology collaborations , such as Varian, Suniva will continue to lead the market in efficiencies so far unattained in low-cost solar cell manufacturing.”
With its expanding, diverse and skilled workforce, Suniva is producing world-class technology and generating record-setting screen printed solar cell efficiencies both in the lab and in manufacturing. For more information about Suniva and its products, please visit www.suniva.com.
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Suniva’s unique intellectual property and proprietary processing capabilities, combined with several years of collaborative research and development on ion implantation technology, enables the company to bring ARTisun Select to the market and into full production as the first of its kind using this unique manufacturing technology. Additionally, Suniva simplified its solar cell manufacturing process by eliminating two entire steps, which allows the company to more cost-effectively produce its record-setting cells. The use of ion implantation in Suniva’s manufacturing process is based on years of development collaboration with Varian Semiconductor Equipment Associates (NASDAQ: VSEA).
“Combined with Suniva’s innovative R&D and proprietary processes, ion implantation provides us with a very cost-effective way to manufacture solar cells of 19 percent efficiency without adding complex processes for a selective emitter. We do have the capability to use a selective emitter, but we have not yet chosen to do so,” said Dr. Ajeet Rohatgi, Suniva founder and CTO. “Our unique development process is what will ultimately enable Suniva to achieve efficiencies in the 20 percent range in our third generation cells on n-type wafer and maintain an equally attractive manufacturing cost.”
Suniva’s record-setting efficiencies for low cost cells are being integrated across its module line with module level efficiencies of 16+%. The ARTisun Select product line is a logical progression on Suniva’s technology roadmap towards its next generation products that are in its labs. This technology roadmap is built around multiple proprietary cell structures certified by NREL as achieving 20% efficiency. Suniva previously achieved industry-leading, certified efficiencies of more than 20 percent on screen-printed cells in the lab.
“Leveraging ion implantation in solar cell processing has traditionally proven too costly and slow. Combined with Suniva’s deep research and our own proprietary design, recipes and processes, we have unlocked the value of the ion implanter as an enabling technology for solar cell processing. The result is an immediate, one percent efficiency gain in ARTisun Select, and an ongoing reduction in our cell conversion costs,” said Bruce McPherson, vice president of research and development for Suniva. “We are quite confident that this is just the first step in a multistep process which will take Suniva well into the 20% category of efficiencies while still maintaining low cost screen printed manufacturing processes. Through continued innovation, optimization and modification of cell design and manufacturing processes, and by leveraging both our unique R&D relationship with the University Center of Excellence in Photovoltaics (UCEP) and strategic 3rd party technology collaborations , such as Varian, Suniva will continue to lead the market in efficiencies so far unattained in low-cost solar cell manufacturing.”
With its expanding, diverse and skilled workforce, Suniva is producing world-class technology and generating record-setting screen printed solar cell efficiencies both in the lab and in manufacturing. For more information about Suniva and its products, please visit www.suniva.com.
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Wednesday, February 2, 2011
Georgia Power and EPRI to Study Solar PV Installation on Power Lines
/PRNewswire/ -- Georgia Power and the Electric Power Research Institute (EPRI) are conducting an 18-month study to evaluate how solar photovoltaic (PV) power systems may affect the utility's distribution system.
Fifty PV systems are being installed in seven cities around the state. Seven-to-eight small systems will be installed on one distribution line in each city. Sites were identified based on a number of environmental parameters. Selecting cities around the state will allow evaluation of a variety of conditions such as temperature, cloud cover and solar intensity.
EPRI will monitor each module's power output and sunlight input at one- second intervals for the entire 18 months to determine how much electricity they generate and how well they perform under diverse weather conditions. The panels will remain in place at the end of the project and Georgia Power will continue to monitor long-term results. This research will help to:
* Identify the effects, if any, on operation of Georgia Power's distribution system
* Understand the feasibility of widespread solar PV installations on distribution lines
* Determine ranges for overall PV performance in Georgia
* Characterize and compare variable issues such as passing clouds
Each panel is about 3-by-5 feet in size, and able to generate about 200 watts of electricity.
"An installation of this size will not create a noticeable increase in the amount of energy on our distribution system," says Scott Gentry, Georgia Power's distributed generation services project manager and coordinator for this project. "However, the data we collect from each module will provide useful information on PV generation as it relates to the utilities grid."
PV panels have been installed in Rome, Valdosta, Macon, Augusta, Columbus, Savannah and Conley. EPRI will own the panels while Georgia Power does the installation.
Solar power uses PV cells to convert sunlight directly into electricity. When sunlight strikes a PV cell, electrons are dislodged, creating an electrical current.
Georgia Power is the largest subsidiary of Southern Company, one of the nation's largest generators of electricity. The company is an investor-owned, tax-paying utility with rates well below the national average. Georgia Power serves 2.3 million customers in all but four of Georgia's 159 counties.
The Electric Power Research Institute, Inc. (EPRI) conducts research and development relating to the generation, delivery and use of electricity for the benefit of the public. An independent, nonprofit organization, EPRI brings together its scientists and engineers as well as experts from academia and industry to help address challenges in electricity, including reliability, efficiency, health, safety and the environment. EPRI also provides technology, policy and economic analyses to drive long-range research and development planning, and supports research in emerging technologies. EPRI's members represent more than 90 percent of the electricity generated and delivered in the United States, and international participation extends to 40 countries. EPRI's principal offices and laboratories are located in Palo Alto, Calif.; Charlotte, N.C.; Knoxville, Tenn.; and Lenox, Mass.
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Fifty PV systems are being installed in seven cities around the state. Seven-to-eight small systems will be installed on one distribution line in each city. Sites were identified based on a number of environmental parameters. Selecting cities around the state will allow evaluation of a variety of conditions such as temperature, cloud cover and solar intensity.
EPRI will monitor each module's power output and sunlight input at one- second intervals for the entire 18 months to determine how much electricity they generate and how well they perform under diverse weather conditions. The panels will remain in place at the end of the project and Georgia Power will continue to monitor long-term results. This research will help to:
* Identify the effects, if any, on operation of Georgia Power's distribution system
* Understand the feasibility of widespread solar PV installations on distribution lines
* Determine ranges for overall PV performance in Georgia
* Characterize and compare variable issues such as passing clouds
Each panel is about 3-by-5 feet in size, and able to generate about 200 watts of electricity.
"An installation of this size will not create a noticeable increase in the amount of energy on our distribution system," says Scott Gentry, Georgia Power's distributed generation services project manager and coordinator for this project. "However, the data we collect from each module will provide useful information on PV generation as it relates to the utilities grid."
PV panels have been installed in Rome, Valdosta, Macon, Augusta, Columbus, Savannah and Conley. EPRI will own the panels while Georgia Power does the installation.
Solar power uses PV cells to convert sunlight directly into electricity. When sunlight strikes a PV cell, electrons are dislodged, creating an electrical current.
Georgia Power is the largest subsidiary of Southern Company, one of the nation's largest generators of electricity. The company is an investor-owned, tax-paying utility with rates well below the national average. Georgia Power serves 2.3 million customers in all but four of Georgia's 159 counties.
The Electric Power Research Institute, Inc. (EPRI) conducts research and development relating to the generation, delivery and use of electricity for the benefit of the public. An independent, nonprofit organization, EPRI brings together its scientists and engineers as well as experts from academia and industry to help address challenges in electricity, including reliability, efficiency, health, safety and the environment. EPRI also provides technology, policy and economic analyses to drive long-range research and development planning, and supports research in emerging technologies. EPRI's members represent more than 90 percent of the electricity generated and delivered in the United States, and international participation extends to 40 countries. EPRI's principal offices and laboratories are located in Palo Alto, Calif.; Charlotte, N.C.; Knoxville, Tenn.; and Lenox, Mass.
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Tuesday, February 1, 2011
Georgia Power Strikes Solar Power Deal With Dalton Utilities
/PRNewswire/ -- Georgia Power recently acquired a series of solar projects of up to 1 megawatt (MW) in Murray County, Ga., co-developed by United Renewable Energy LLC and Mack Creek Energy LLC.
Georgia Power will sell the output from the facility to Dalton Utilities.
The plant will be constructed on Looper Bridge Road in Dalton by United Renewable Energy and will be owned and operated by Georgia Power.
Under the terms of the deal, Georgia Power will lease property for the solar facility from Dalton Utilities, which will purchase 100 percent of the plant's capacity and energy through a 25-year power purchase agreement.
"Dalton Utilities is excited to be part of this project," said Don Cope, Dalton Utilities President and CEO. "This is a major initiative in expanding green energy in the State of Georgia. Upon the completion of this project, Dalton Utilities and its corporate customers will be able to advertise the fact that we are utilizing 'green' energy which has become increasingly important in today's market. This is one of several sustainable/renewable/green initiatives Dalton Utilities is in the process of developing."
Energy produced from the solar facility will be sold on the wholesale market therefore the cost of the facility will not become part of Georgia Power's retail rate base. All of the renewable energy credits from the facility will be conveyed to Dalton Utilities. The first phase of the facility is expected to begin commercial operations in spring 2011.
"This contract marks the first time Georgia Power has acquired a solar energy production facility to serve the wholesale market," said Jeff Burleson, Georgia Power's director of Resource Policy and Planning. "Not only will it increase the amount of solar resources in the state, but it also strengthens our partnership with Dalton Utilities, a fellow co-owner of the two new nuclear units under construction at Plant Vogtle."
The facility will be developed in phases with each phase comprising approximately 350 kW. Georgia Power has the option to construct two additional 350 kW phases for a total of 1 MW by January 2014. One megawatt is enough energy to supply a Super Target or approximately 400 Georgia residences.
"As a solar EPC company headquartered in Georgia," said William Silva, President of United Renewable Energy, "we applaud Dalton Utilities' vision, and Georgia Power's support of solar energy in the state. Over 100 solar jobs were created in the state of Georgia last year."
With the addition of this contract, Georgia Power's energy portfolio includes contracts with 14 qualified biomass and renewable facilities throughout the state that generate 28 MW of capacity, or enough renewable energy to power more than 11,200 homes. These contracts include electricity generated from wood waste, landfill methane gas, and hydro.
Dalton Utilities provides potable water, electric, natural gas, wastewater, stormwater and telecommunications services to approximately 77,000 customers in Dalton and five surrounding counties. Dalton Utilities is engaged in various sustainable/green energy projects including the use of treated wastewater to cool a merchant power plant, creating biodiesel from its wastewater stream, the composting of biosolids and the reuse of carpet waste to generate electricity.
Georgia Power is the largest subsidiary of Southern Company, one of the nation's largest generators of electricity. The company is an investor-owned, tax-paying utility with rates well below the national average. Georgia Power serves 2.3 million customers in all but four of Georgia's 159 counties. www.georgiapower.com
United Renewable Energy is a solar project developer and multistate electrical contractor specializing in solar photovoltaics. Operating throughout the east coast, United Renewable Energy designs, procures, finances and installs high quality turnkey utility and commercial solar projects. www.u-renew.com
Mack Creek Energy develops innovative, lowest-cost renewable power projects, with a focus on utility customers that have large fleets of baseload coal generation, such as Georgia Power Company.
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Georgia Power will sell the output from the facility to Dalton Utilities.
The plant will be constructed on Looper Bridge Road in Dalton by United Renewable Energy and will be owned and operated by Georgia Power.
Under the terms of the deal, Georgia Power will lease property for the solar facility from Dalton Utilities, which will purchase 100 percent of the plant's capacity and energy through a 25-year power purchase agreement.
"Dalton Utilities is excited to be part of this project," said Don Cope, Dalton Utilities President and CEO. "This is a major initiative in expanding green energy in the State of Georgia. Upon the completion of this project, Dalton Utilities and its corporate customers will be able to advertise the fact that we are utilizing 'green' energy which has become increasingly important in today's market. This is one of several sustainable/renewable/green initiatives Dalton Utilities is in the process of developing."
Energy produced from the solar facility will be sold on the wholesale market therefore the cost of the facility will not become part of Georgia Power's retail rate base. All of the renewable energy credits from the facility will be conveyed to Dalton Utilities. The first phase of the facility is expected to begin commercial operations in spring 2011.
"This contract marks the first time Georgia Power has acquired a solar energy production facility to serve the wholesale market," said Jeff Burleson, Georgia Power's director of Resource Policy and Planning. "Not only will it increase the amount of solar resources in the state, but it also strengthens our partnership with Dalton Utilities, a fellow co-owner of the two new nuclear units under construction at Plant Vogtle."
The facility will be developed in phases with each phase comprising approximately 350 kW. Georgia Power has the option to construct two additional 350 kW phases for a total of 1 MW by January 2014. One megawatt is enough energy to supply a Super Target or approximately 400 Georgia residences.
"As a solar EPC company headquartered in Georgia," said William Silva, President of United Renewable Energy, "we applaud Dalton Utilities' vision, and Georgia Power's support of solar energy in the state. Over 100 solar jobs were created in the state of Georgia last year."
With the addition of this contract, Georgia Power's energy portfolio includes contracts with 14 qualified biomass and renewable facilities throughout the state that generate 28 MW of capacity, or enough renewable energy to power more than 11,200 homes. These contracts include electricity generated from wood waste, landfill methane gas, and hydro.
Dalton Utilities provides potable water, electric, natural gas, wastewater, stormwater and telecommunications services to approximately 77,000 customers in Dalton and five surrounding counties. Dalton Utilities is engaged in various sustainable/green energy projects including the use of treated wastewater to cool a merchant power plant, creating biodiesel from its wastewater stream, the composting of biosolids and the reuse of carpet waste to generate electricity.
Georgia Power is the largest subsidiary of Southern Company, one of the nation's largest generators of electricity. The company is an investor-owned, tax-paying utility with rates well below the national average. Georgia Power serves 2.3 million customers in all but four of Georgia's 159 counties. www.georgiapower.com
United Renewable Energy is a solar project developer and multistate electrical contractor specializing in solar photovoltaics. Operating throughout the east coast, United Renewable Energy designs, procures, finances and installs high quality turnkey utility and commercial solar projects. www.u-renew.com
Mack Creek Energy develops innovative, lowest-cost renewable power projects, with a focus on utility customers that have large fleets of baseload coal generation, such as Georgia Power Company.
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Monday, January 24, 2011
Southern Company and Ted Turner Energize Cimarron Solar Facility
/PRNewswire/ -- The clean and plentiful sunshine of New Mexico is now producing electricity for some 9,000 homes as the Cimarron Solar Facility has begun commercial operation. At 30 megawatts, Cimarron is among the nation's largest solar photovoltaic plants.
The facility is the first resulting from the partnership between Southern Company (NYSE: SO) and Ted Turner and will supply power to the member electric cooperatives of Denver-based Tri-State Generation and Transmission Association. Tempe, Ariz.-based First Solar, Inc., (Nasdaq: FSLR) developed and constructed the facility and will provide operation and maintenance services under a long-term contract.
"This is a key milestone for Southern Company as we steadily incorporate more renewables into our energy portfolio," said Southern Company Chairman, President and CEO Tom Fanning. "Renewables, along with new nuclear, increased energy efficiency, 21st century coal technology and additional natural gas, all will be crucial to meeting this nation's growing energy demand."
Fanning also noted that New Mexico, with its abundant solar resources, was an ideal location to establish the company's first commercial-scale solar operation.
The 364-acre plant site is located within the service territory of Tri-State member system Springer Electric Cooperative in Colfax County, N.M., and is adjacent to Turner's Vermejo Park Ranch.
Southern Company and Turner Renewable Energy acquired the project from First Solar in March 2010. Turner Renewable Energy is a wholly owned subsidiary of Turner Enterprises with a focus on development of commercial-scale solar projects.
"We are very excited to see this project completed and producing clean solar energy to power homes and businesses in New Mexico," said Turner. "Large-scale solar generation is among the fastest growing energy sources in the world, and we're pleased that we can be a part of that growth."
Initially expected to go on line by the end of 2010, the facility was completed in eight months and began commercial operation in early December, nearly a month ahead of schedule. More than 300 workers were employed to construct the plant, which uses approximately 500,000 2'x 4' advanced thin film photovoltaic modules manufactured by First Solar.
"The Cimarron Solar Facility demonstrates First Solar's capabilities in utility scale projects," said Frank De Rosa, First Solar Senior Vice President of Project Development, North America. "Integrating technology, manufacturing, project development and engineering, procurement and construction expertise enables First Solar to be a leader in sustainable energy development."
Electricity generated by the plant will serve a 25-year power purchase agreement with Tri-State Generation and Transmission Association, a not-for-profit wholesale power supplier to 44 electric cooperatives serving 1.5 million consumers across Colorado, Nebraska, New Mexico and Wyoming. The project further expands Tri-State's focus on providing renewable generation for its members, as the association also announced late last year that its Kit Carson Windpower Project began commercial operation in eastern Colorado.
"The Cimarron Solar Facility is another example of our ability to harness and utilize the abundant natural resources that are available to us in the West," said Ken Anderson, Tri-State's executive vice president and general manager. "Working with our partners, we have made a significant technology investment in the rural communities we serve, while further diversifying Tri-State's renewable resource mix."
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The facility is the first resulting from the partnership between Southern Company (NYSE: SO) and Ted Turner and will supply power to the member electric cooperatives of Denver-based Tri-State Generation and Transmission Association. Tempe, Ariz.-based First Solar, Inc., (Nasdaq: FSLR) developed and constructed the facility and will provide operation and maintenance services under a long-term contract.
"This is a key milestone for Southern Company as we steadily incorporate more renewables into our energy portfolio," said Southern Company Chairman, President and CEO Tom Fanning. "Renewables, along with new nuclear, increased energy efficiency, 21st century coal technology and additional natural gas, all will be crucial to meeting this nation's growing energy demand."
Fanning also noted that New Mexico, with its abundant solar resources, was an ideal location to establish the company's first commercial-scale solar operation.
The 364-acre plant site is located within the service territory of Tri-State member system Springer Electric Cooperative in Colfax County, N.M., and is adjacent to Turner's Vermejo Park Ranch.
Southern Company and Turner Renewable Energy acquired the project from First Solar in March 2010. Turner Renewable Energy is a wholly owned subsidiary of Turner Enterprises with a focus on development of commercial-scale solar projects.
"We are very excited to see this project completed and producing clean solar energy to power homes and businesses in New Mexico," said Turner. "Large-scale solar generation is among the fastest growing energy sources in the world, and we're pleased that we can be a part of that growth."
Initially expected to go on line by the end of 2010, the facility was completed in eight months and began commercial operation in early December, nearly a month ahead of schedule. More than 300 workers were employed to construct the plant, which uses approximately 500,000 2'x 4' advanced thin film photovoltaic modules manufactured by First Solar.
"The Cimarron Solar Facility demonstrates First Solar's capabilities in utility scale projects," said Frank De Rosa, First Solar Senior Vice President of Project Development, North America. "Integrating technology, manufacturing, project development and engineering, procurement and construction expertise enables First Solar to be a leader in sustainable energy development."
Electricity generated by the plant will serve a 25-year power purchase agreement with Tri-State Generation and Transmission Association, a not-for-profit wholesale power supplier to 44 electric cooperatives serving 1.5 million consumers across Colorado, Nebraska, New Mexico and Wyoming. The project further expands Tri-State's focus on providing renewable generation for its members, as the association also announced late last year that its Kit Carson Windpower Project began commercial operation in eastern Colorado.
"The Cimarron Solar Facility is another example of our ability to harness and utilize the abundant natural resources that are available to us in the West," said Ken Anderson, Tri-State's executive vice president and general manager. "Working with our partners, we have made a significant technology investment in the rural communities we serve, while further diversifying Tri-State's renewable resource mix."
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Wednesday, October 6, 2010
Georgia Power to Expand Solar Energy Capacity
/PRNewswire/ -- Georgia Power today (October 5) received approval from the Georgia Public Service Commission (PSC) for a new tariff that will nearly double the amount of solar energy the company purchases to supply its Green Energy Program.
The Solar Purchase Tariff will allow Georgia Power to purchase an additional 1.5 megawatts (MW) of solar capacity from customers at 17 cents per kilowatt-hour (kWh) for generating facilities designed to produce less than 100 kilowatts. Customers who sell solar under the new tariff must agree to share all cost and operational information with Georgia Power so that the company can gain experience in solar electricity generation.
The company will also issue a request for proposals (RFP) for an additional 1 MW of solar capacity with no project size restriction. Georgia Power will consider solar proposals in this RFP with a price of 15 cents per kWh or less.
Georgia Power will use this solar energy to supply the Premium Green Energy product. Customers can purchase 100-kilowatt-hour blocks of Premium Green Energy with a 50 percent solar component for $5 per block or Standard Green Energy, generated from biomass sources, for $3.50 per block.
Since Georgia Power began the Green Energy program in October 2006, nearly 4,200 customers have committed to purchase approximately 3.8 million kilowatt-hours of green energy, or enough electricity to power approximately 3,800 homes using 1,000 kilowatt-hours a month.
"Since we began offering customers a 50 percent solar option, we've added almost 1,000 new blocks of the Premium Green Energy product to the program," said Angela Strickland, director of Energy Efficiency. "By increasing our solar capacity in the program to 5.4 MW, we hope to keep pace with the significant growth of solar purchases by our customers both now and in the future."
Georgia Power will continue to offer its Renewable-Non Renewable Resources (RNR) tariff to customers who use their solar facilities to either offset their electricity bill or who sell the power back to Georgia Power at the company's solar avoided cost.
Georgia Power's Solar Purchase Tariff and revised RNR tariff will go into effect Jan. 1, 2011.
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The Solar Purchase Tariff will allow Georgia Power to purchase an additional 1.5 megawatts (MW) of solar capacity from customers at 17 cents per kilowatt-hour (kWh) for generating facilities designed to produce less than 100 kilowatts. Customers who sell solar under the new tariff must agree to share all cost and operational information with Georgia Power so that the company can gain experience in solar electricity generation.
The company will also issue a request for proposals (RFP) for an additional 1 MW of solar capacity with no project size restriction. Georgia Power will consider solar proposals in this RFP with a price of 15 cents per kWh or less.
Georgia Power will use this solar energy to supply the Premium Green Energy product. Customers can purchase 100-kilowatt-hour blocks of Premium Green Energy with a 50 percent solar component for $5 per block or Standard Green Energy, generated from biomass sources, for $3.50 per block.
Since Georgia Power began the Green Energy program in October 2006, nearly 4,200 customers have committed to purchase approximately 3.8 million kilowatt-hours of green energy, or enough electricity to power approximately 3,800 homes using 1,000 kilowatt-hours a month.
"Since we began offering customers a 50 percent solar option, we've added almost 1,000 new blocks of the Premium Green Energy product to the program," said Angela Strickland, director of Energy Efficiency. "By increasing our solar capacity in the program to 5.4 MW, we hope to keep pace with the significant growth of solar purchases by our customers both now and in the future."
Georgia Power will continue to offer its Renewable-Non Renewable Resources (RNR) tariff to customers who use their solar facilities to either offset their electricity bill or who sell the power back to Georgia Power at the company's solar avoided cost.
Georgia Power's Solar Purchase Tariff and revised RNR tariff will go into effect Jan. 1, 2011.
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Wednesday, April 28, 2010
Georgia Power's Green Energy Program Redesigned to Include More Solar Power
/PRNewswire/ -- Georgia Power received approval April 20 from the Georgia Public Service Commission (PSC) to modify its Green Energy program, giving customers more solar options.
At the request of PSC Commission Chair Lauren "Bubba" McDonald, the program has been redesigned to include the following:
Premium Green Energy - This option will now contain 50 percent solar energy at a cost of $5 per 100-kilowatt-hour (kWh) block. The option previously cost $4.50 per 100 kWh block and contained 10 percent solar energy.
Under the revised program, the Standard Green Energy, Large Volume Purchase and Special Events Purchase options remain unchanged.
In addition to these changes, the PSC also approved Georgia Power raising the solar capacity cap under its Renewable Non Renewable (RNR) tariff from 1.5 megawatts (MW) to 2.5 MW. The company will now purchase solar energy from customers through this tariff at a new price of 17 cents per kWh.
Georgia Power and the Commission worked together to develop a new mechanism that will automatically raise the solar capacity cap as participation in the Green Energy program grows. Under this mechanism, for every 219 blocks of Premium Green Energy that are purchased by customers, Georgia Power will purchase an additional 100 kW of solar energy through the RNR tariff.
"With the latest changes in our Green Energy program we hope to make solar energy more attractive to our customers," said Angela Strickland, Georgia Power's director of Energy Efficiency and Conservation. "The new mechanism we've developed will ensure that we're keeping pace with customer demand for solar in a cost-effective manner."
Electricity generated for the Green Energy program helps grow the renewable resource base in Georgia and the Southeast and expand the market for renewable energy credits (RECs). RECs are created when a renewable energy facility generates electricity or uses renewable fuel. Customers who purchase RECs through the Green Energy program are paying for the benefit of displacing other non-renewable sources from the electric grid.
Changes to Georgia Power's redesigned Green Energy program and RNR tariff will go into effect June 1, 2010.
For more information or to sign up for Green Energy, visit www.georgiapower.com/green.
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At the request of PSC Commission Chair Lauren "Bubba" McDonald, the program has been redesigned to include the following:
Premium Green Energy - This option will now contain 50 percent solar energy at a cost of $5 per 100-kilowatt-hour (kWh) block. The option previously cost $4.50 per 100 kWh block and contained 10 percent solar energy.
Under the revised program, the Standard Green Energy, Large Volume Purchase and Special Events Purchase options remain unchanged.
In addition to these changes, the PSC also approved Georgia Power raising the solar capacity cap under its Renewable Non Renewable (RNR) tariff from 1.5 megawatts (MW) to 2.5 MW. The company will now purchase solar energy from customers through this tariff at a new price of 17 cents per kWh.
Georgia Power and the Commission worked together to develop a new mechanism that will automatically raise the solar capacity cap as participation in the Green Energy program grows. Under this mechanism, for every 219 blocks of Premium Green Energy that are purchased by customers, Georgia Power will purchase an additional 100 kW of solar energy through the RNR tariff.
"With the latest changes in our Green Energy program we hope to make solar energy more attractive to our customers," said Angela Strickland, Georgia Power's director of Energy Efficiency and Conservation. "The new mechanism we've developed will ensure that we're keeping pace with customer demand for solar in a cost-effective manner."
Electricity generated for the Green Energy program helps grow the renewable resource base in Georgia and the Southeast and expand the market for renewable energy credits (RECs). RECs are created when a renewable energy facility generates electricity or uses renewable fuel. Customers who purchase RECs through the Green Energy program are paying for the benefit of displacing other non-renewable sources from the electric grid.
Changes to Georgia Power's redesigned Green Energy program and RNR tariff will go into effect June 1, 2010.
For more information or to sign up for Green Energy, visit www.georgiapower.com/green.
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Monday, March 15, 2010
Southern Company and Ted Turner Acquire Solar Photovoltaic Power Project
/PRNewswire-- Southern Company (NYSE:SO) Chairman, President and CEO David M. Ratcliffe and Turner Renewable Energy founder Ted Turner today announced that the companies have acquired and will bring online one of the nation's largest solar photovoltaic (PV) power plants. The 30 megawatt project, the first to result from the partnership forged by Southern Company and Turner Renewable Energy in January, will supply power to approximately 9,000 homes.
The project was acquired from and will be built by Tempe, Ariz.-based First Solar, Inc., (NASDAQ:FSLR) the world's largest manufacturer of thin film solar modules.
"Expanding the role renewables play in our energy mix is a priority for Southern Company," said Ratcliffe. "Renewables, along with new nuclear, increased energy efficiency, cleaner coal technology and additional natural gas, all will be crucial to meeting this nation's growing energy demand."
"It is great that large-scale solar photovoltaic power generation is becoming a reality in the United States," said Turner. "Southern Turner Renewable Energy is excited to develop and own this project and we look forward to generating clean renewable energy in New Mexico."
The Southern Turner Cimarron I Solar Project is adjacent to Turner's Vermejo Park Ranch in northern New Mexico. First Solar is the contractor for both engineering, procurement and construction (EPC) and operation and maintenance for the facility.
"The Cimarron I project is yet another example of First Solar's capability to realize utility-scale solar projects," said Rob Gillette, First Solar chief executive officer. "Combining the required technology, manufacturing, project development and EPC expertise enables First Solar to be a leader in sustainable energy development."
Construction of the solar array will begin this month with completion and commercial operation expected by year end 2010. It will consist of approximately 500,000 2'x 4' photovoltaic modules constructed with First Solar's patented thin film semiconductor technology.
PV modules generate electricity directly from sunlight through an electronic process that occurs naturally in certain types of material, known as semiconductors. Solar energy frees electrons in these materials to travel through an electrical circuit, powering devices or sending electricity to the grid.
Electricity generated by the plant will serve a 25-year power purchase agreement with the Tri-State Generation and Transmission Association, a not-for-profit wholesale power supplier to 44 electric cooperatives serving 1.4 million customers across Colorado, Nebraska, New Mexico and Wyoming. With the plant's output covered by a long-term contract, the Cimarron I Solar Project is a natural fit with Southern Company's overall business strategy and risk profile.
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The project was acquired from and will be built by Tempe, Ariz.-based First Solar, Inc., (NASDAQ:FSLR) the world's largest manufacturer of thin film solar modules.
"Expanding the role renewables play in our energy mix is a priority for Southern Company," said Ratcliffe. "Renewables, along with new nuclear, increased energy efficiency, cleaner coal technology and additional natural gas, all will be crucial to meeting this nation's growing energy demand."
"It is great that large-scale solar photovoltaic power generation is becoming a reality in the United States," said Turner. "Southern Turner Renewable Energy is excited to develop and own this project and we look forward to generating clean renewable energy in New Mexico."
The Southern Turner Cimarron I Solar Project is adjacent to Turner's Vermejo Park Ranch in northern New Mexico. First Solar is the contractor for both engineering, procurement and construction (EPC) and operation and maintenance for the facility.
"The Cimarron I project is yet another example of First Solar's capability to realize utility-scale solar projects," said Rob Gillette, First Solar chief executive officer. "Combining the required technology, manufacturing, project development and EPC expertise enables First Solar to be a leader in sustainable energy development."
Construction of the solar array will begin this month with completion and commercial operation expected by year end 2010. It will consist of approximately 500,000 2'x 4' photovoltaic modules constructed with First Solar's patented thin film semiconductor technology.
PV modules generate electricity directly from sunlight through an electronic process that occurs naturally in certain types of material, known as semiconductors. Solar energy frees electrons in these materials to travel through an electrical circuit, powering devices or sending electricity to the grid.
Electricity generated by the plant will serve a 25-year power purchase agreement with the Tri-State Generation and Transmission Association, a not-for-profit wholesale power supplier to 44 electric cooperatives serving 1.4 million customers across Colorado, Nebraska, New Mexico and Wyoming. With the plant's output covered by a long-term contract, the Cimarron I Solar Project is a natural fit with Southern Company's overall business strategy and risk profile.
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Thursday, December 10, 2009
3-D Solar Cell that Uses "Towers" to Boost Efficiency Wins Patents
A three dimensional solar cell design that uses micron-scale “towers” to capture nearly three times as much light as flat solar cells made from the same materials has been awarded broad patent protection in both China and Australia. Modeling suggests that the 3-D cell could boost power production by as much as 300 percent compared to conventional solar cells.
Because it can capture more power from a given area, the 3-D design could be useful for powering satellites, cell phones, military equipment and other applications that have a limited surface area. Developed at the Georgia Tech Research Institute (GTRI), the “three dimensional multi-junction photovoltaic device” uses its 3-D surface structure to increase the likelihood that every photon striking it will produce energy.
“One problem with conventional flat solar cells is that the sunlight hits a flat surface and can bounce off, so the light only has one chance to be absorbed and turned into electricity,” explained John Bacon, president of IP2Biz®, an Atlanta company that has licensed the technology from GTRI. “In the GTRI 3-D solar cell, we build a nanometer-scale version of Manhattan, with streets and avenues of tiny light-capturing structures similar to tall buildings. The sunlight bounces from building to building and produces more electricity.”
The arrays of towers on the 3-D solar cell can increase the surface area by several thousand percent, depending on the size and density of the structures.
“Conventional cells have to be very large to make adequate amounts of electricity, and that limits their applications,” Bacon explained. “The large surface area of our 3-D cell means that applications from satellites to cell phones will be more practical since we can pack so much light gathering power into a small footprint.”
The three dimensional structure also means that the cells don’t have to be aimed directly at the sun to capture sunlight efficiently, Bacon added. Conventional solar cells work best when the sunlight hits them at a narrow range of angles, but the new 3-D system remains efficient regardless of the angle at which the light hits.
The tower structures on the GTRI solar cells are about 100 microns tall, 40 microns by 40 microns square, 50 microns apart – and grown from arrays containing millions of vertically aligned carbon nanotubes. The nanotubes primarily serve as the structure on which current-generating photovoltaic p/n coatings are applied.
“The carbon nanotubes are like the framing inside of buildings, and the photovoltaic materials are like the outer skin of the buildings,” said Tom Smith, president of 3-D Solar LLC, a company formed to commercialize the cells. “Within the three-dimensional structures, multiple materials could be used to create the physical framing. Carbon nanotubes were used in the original solar cells, but they are not required for the technology to work.”
The 3-D solar cells were developed in the laboratory of Jud Ready, a GTRI senior research engineer. Tests comparing the 3-D solar cells produced in Ready’s lab with traditional planar cells produced from the same materials showed an increase in power generation, Smith said.
The researchers chose to make their prototype cells from cadmium materials because they were familiar with them from other research. However, a broad range of photovoltaic materials could also be used, and selecting the best material for specific applications will be the goal of future research.
Fabrication of the cells begins with a silicon wafer, which also serves as the solar cell’s bottom junction. The researchers first coat the wafer with a thin layer of iron using a photolithography process that can create a wide variety of patterns. The patterned wafer is then placed into a furnace heated to approximately 700 degrees Celsius.
Hydrocarbon gases are then flowed into the furnace, where the carbon and hydrogen separate. In a process known as chemical vapor deposition, the carbon grows arrays of multi-walled carbon nanotubes atop the patterns created by the iron particles.
Once the carbon nanotube towers have been grown, the researchers use a process known as molecular beam epitaxy to coat the nanotube arrays with cadmium telluride (CdTe) and cadmium sulfide (CdS), which serve as the p-type and n-type photovoltaic layers. Atop that, a thin coating of indium tin oxide, a clear conducting material, is added to serve as the cell’s top electrode.
In the finished solar cells, the carbon nanotube arrays serve both as support for the 3-D arrays and as a conductor connecting the photovoltaic materials to the silicon wafer.
The 3-D solar cells were described in the March 2007 issue of the journal JOM, published by the Minerals, Metals and Materials Society, and in the Journal of Applied Physics in 2008. The research leading to their development was supported by the Air Force Office of Scientific Research and the Air Force Research Laboratory.
Beyond the patents in China and Australia, IP2Biz has applied for protection in the United States, Canada, Europe, Korea and India, Smith noted. The patents granted so far apply to any photovoltaic application in which three dimensional structures are used to capture light bouncing off them, he added.
“The 3-D photovoltaic cell could be of great value in satellite, cell phone and defense applications given its order of magnitude reduction in footprint, coupled with the potential for increased power production compared to planar cells,” Smith added. “We are very pleased with the level of interest in licensing or acquiring this innovation as means of addressing the world’s growing need for energy.”
John Toon
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Because it can capture more power from a given area, the 3-D design could be useful for powering satellites, cell phones, military equipment and other applications that have a limited surface area. Developed at the Georgia Tech Research Institute (GTRI), the “three dimensional multi-junction photovoltaic device” uses its 3-D surface structure to increase the likelihood that every photon striking it will produce energy.
“One problem with conventional flat solar cells is that the sunlight hits a flat surface and can bounce off, so the light only has one chance to be absorbed and turned into electricity,” explained John Bacon, president of IP2Biz®, an Atlanta company that has licensed the technology from GTRI. “In the GTRI 3-D solar cell, we build a nanometer-scale version of Manhattan, with streets and avenues of tiny light-capturing structures similar to tall buildings. The sunlight bounces from building to building and produces more electricity.”
The arrays of towers on the 3-D solar cell can increase the surface area by several thousand percent, depending on the size and density of the structures.
“Conventional cells have to be very large to make adequate amounts of electricity, and that limits their applications,” Bacon explained. “The large surface area of our 3-D cell means that applications from satellites to cell phones will be more practical since we can pack so much light gathering power into a small footprint.”
The three dimensional structure also means that the cells don’t have to be aimed directly at the sun to capture sunlight efficiently, Bacon added. Conventional solar cells work best when the sunlight hits them at a narrow range of angles, but the new 3-D system remains efficient regardless of the angle at which the light hits.
The tower structures on the GTRI solar cells are about 100 microns tall, 40 microns by 40 microns square, 50 microns apart – and grown from arrays containing millions of vertically aligned carbon nanotubes. The nanotubes primarily serve as the structure on which current-generating photovoltaic p/n coatings are applied.
“The carbon nanotubes are like the framing inside of buildings, and the photovoltaic materials are like the outer skin of the buildings,” said Tom Smith, president of 3-D Solar LLC, a company formed to commercialize the cells. “Within the three-dimensional structures, multiple materials could be used to create the physical framing. Carbon nanotubes were used in the original solar cells, but they are not required for the technology to work.”
The 3-D solar cells were developed in the laboratory of Jud Ready, a GTRI senior research engineer. Tests comparing the 3-D solar cells produced in Ready’s lab with traditional planar cells produced from the same materials showed an increase in power generation, Smith said.
The researchers chose to make their prototype cells from cadmium materials because they were familiar with them from other research. However, a broad range of photovoltaic materials could also be used, and selecting the best material for specific applications will be the goal of future research.
Fabrication of the cells begins with a silicon wafer, which also serves as the solar cell’s bottom junction. The researchers first coat the wafer with a thin layer of iron using a photolithography process that can create a wide variety of patterns. The patterned wafer is then placed into a furnace heated to approximately 700 degrees Celsius.
Hydrocarbon gases are then flowed into the furnace, where the carbon and hydrogen separate. In a process known as chemical vapor deposition, the carbon grows arrays of multi-walled carbon nanotubes atop the patterns created by the iron particles.
Once the carbon nanotube towers have been grown, the researchers use a process known as molecular beam epitaxy to coat the nanotube arrays with cadmium telluride (CdTe) and cadmium sulfide (CdS), which serve as the p-type and n-type photovoltaic layers. Atop that, a thin coating of indium tin oxide, a clear conducting material, is added to serve as the cell’s top electrode.
In the finished solar cells, the carbon nanotube arrays serve both as support for the 3-D arrays and as a conductor connecting the photovoltaic materials to the silicon wafer.
The 3-D solar cells were described in the March 2007 issue of the journal JOM, published by the Minerals, Metals and Materials Society, and in the Journal of Applied Physics in 2008. The research leading to their development was supported by the Air Force Office of Scientific Research and the Air Force Research Laboratory.
Beyond the patents in China and Australia, IP2Biz has applied for protection in the United States, Canada, Europe, Korea and India, Smith noted. The patents granted so far apply to any photovoltaic application in which three dimensional structures are used to capture light bouncing off them, he added.
“The 3-D photovoltaic cell could be of great value in satellite, cell phone and defense applications given its order of magnitude reduction in footprint, coupled with the potential for increased power production compared to planar cells,” Smith added. “We are very pleased with the level of interest in licensing or acquiring this innovation as means of addressing the world’s growing need for energy.”
John Toon
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Wednesday, October 28, 2009
Suniva, FLS Energy Target Southeast U.S. With High-Performance U.S. Solar Farm
(BUSINESS WIRE)--Suniva, Inc., a U.S. manufacturer of high-efficiency monocrystalline silicon solar cells and modules, and FLS Energy, a North Carolina-based solar energy generation company, yesterday announced they will integrate Suniva’s high-power, solar modules in a series of installations in the southeastern U.S. The first project is a 550 kW solar farm that will occupy a former landfill; implementation is underway in North Carolina. FLS Energy has a 20 year power purchase agreement to sell the solar generated electricity to Progress Energy.
“We’re seeing unprecedented demand in the Southeast for solar,” said Michael Shore, president of FLS Energy. “In order to address the rapidly expanding market here, FLS is committed to using the most advanced, efficient, and cost-effective solar technology available. Working with Suniva will allow us to address growing demand with technology that combines high-yield solar power with high-quality U.S. manufacturing content.”
Suniva’s UL and IEC certified, CEC listed solar modules contain more than 90% U.S. content and offer a 25-year performance warranty, representing the highest quality standards in today’s industry. The modules are powered by Suniva’s high-efficiency ARTisun® series solar cells and deliver peak power output up to 300watts, one of the highest in the industry. High power output is a key factor in reducing installation and balance-of-system costs in all installations.
“Working with FLS Energy, Suniva will play a major role in driving growth in the southeastern solar market,” said John Baumstark, CEO of Suniva. “Our solar modules Powered by Suniva™ cell technology will enable FLS’s installations to deliver some of the highest levels of performance and reliability in the industry.”
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“We’re seeing unprecedented demand in the Southeast for solar,” said Michael Shore, president of FLS Energy. “In order to address the rapidly expanding market here, FLS is committed to using the most advanced, efficient, and cost-effective solar technology available. Working with Suniva will allow us to address growing demand with technology that combines high-yield solar power with high-quality U.S. manufacturing content.”
Suniva’s UL and IEC certified, CEC listed solar modules contain more than 90% U.S. content and offer a 25-year performance warranty, representing the highest quality standards in today’s industry. The modules are powered by Suniva’s high-efficiency ARTisun® series solar cells and deliver peak power output up to 300watts, one of the highest in the industry. High power output is a key factor in reducing installation and balance-of-system costs in all installations.
“Working with FLS Energy, Suniva will play a major role in driving growth in the southeastern solar market,” said John Baumstark, CEO of Suniva. “Our solar modules Powered by Suniva™ cell technology will enable FLS’s installations to deliver some of the highest levels of performance and reliability in the industry.”
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Thursday, October 8, 2009
Shining Light on Green Energy
The physical chemistry lab of Tim Lian specializes in ultra-fast spectroscopy, electron transfer processes and quantum dots - nano-particles that hold promise for everything from electronics to medicine and renewable energy.
In collaboration with scientists at Emory and elsewhere, Lian's team is studying ways to convert the sun's energy into cheap and clean solutions to the global energy crisis. "Solar energy conversion is very complex," he says. "Spectroscopy allows us to break it down into small, fundamental steps that you can study carefully."
Quantum dots are good at absorbing light and could provide energy to drive reactions needed for solar energy conversion processes.
"These are all very challenging scientific problems," Lian says, adding that it will take many people, working across disciplines, to make solar energy go mainstream. "We have to solve these problems, because using fossil fuels is not sustainable."
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In collaboration with scientists at Emory and elsewhere, Lian's team is studying ways to convert the sun's energy into cheap and clean solutions to the global energy crisis. "Solar energy conversion is very complex," he says. "Spectroscopy allows us to break it down into small, fundamental steps that you can study carefully."
Quantum dots are good at absorbing light and could provide energy to drive reactions needed for solar energy conversion processes.
"These are all very challenging scientific problems," Lian says, adding that it will take many people, working across disciplines, to make solar energy go mainstream. "We have to solve these problems, because using fossil fuels is not sustainable."
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Monday, March 16, 2009
For New Energy Options to Work, Better Storage Methods Needed
/PRNewswire-USNewswire/ -- In order to save money and energy, many people are purchasing hybrid electric cars or installing solar panels on the roofs of their homes. But both have a problem -- the technology to store the electrical power and energy is inadequate.
Battery systems that fit in cars don't hold enough energy for driving distances, yet take hours to recharge and don't give much power for acceleration. Renewable sources like solar and wind deliver significant power only part time, but devices to store their energy are expensive and too inefficient to deliver enough power for surge demand.
Researchers at the Maryland NanoCenter at the University of Maryland, College Park, have developed new systems for storing electrical energy derived from alternative sources that are, in some cases, 10 times more efficient than what is commercially available. The results of their research are available in the latest issue of Nature Nanotechnology.
"Renewable energy sources like solar and wind provide time-varying, somewhat unpredictable energy supply, which must be captured and stored as electrical energy until demanded," said Gary Rubloff, director of the University of Maryland's NanoCenter. "Conventional devices to store and deliver electrical energy - batteries and capacitors - cannot achieve the needed combination of high energy density, high power, and fast recharge that are essential for our energy future."
Researchers working with Professor Rubloff and his collaborator, Professor Sang Bok Lee, have developed a method to significantly enhance the performance of electrical energy storage devices.
Using new processes central to nanotechnology, they create millions of identical nanostructures with shapes tailored to transport energy as electrons rapidly to and from very large surface areas where they are stored. Materials behave according to physical laws of nature. The Maryland researchers exploit unusual combinations of these behaviors (called self-assembly, self-limiting reaction, and self-alignment) to construct millions -and ultimately billions - of tiny, virtually identical nanostructures to receive, store, and deliver electrical energy.
"These devices exploit unique combinations of materials, processes, and structures to optimize both energy and power density--combinations that, taken together, have real promise for building a viable next-generation technology, and around it, a vital new sector of the tech economy," Rubloff said.
"The goal for electrical energy storage systems is to simultaneously achieve high power and high energy density to enable the devices to hold large amounts of energy, to deliver that energy at high power, and to recharge rapidly (the complement to high power)," he continued.
Electrical energy storage devices fall into three categories. Batteries, particularly lithium ion, store large amounts of energy but cannot provide high power or fast recharge. Electrochemical capacitors (ECCs), also relying on electrochemical phenomena, offer higher power at the price of relatively lower energy density. In contrast, electrostatic capacitors (ESCs) operate by purely physical means, storing charge on the surfaces of two conductors. This makes them capable of high power and fast recharge, but at the price of lower energy density.
The Maryland research team's new devices are electrostatic nanocapacitors which dramatically increase energy storage density of such devices - by a factor of 10 over that of commercially available devices - without sacrificing the high power they traditionally characteristically offer. This advance brings electrostatic devices to a performance level competitive with electrochemical capacitors and introduces a new player into the field of candidates for next-generation electrical energy storage.
Where will these new nanodevices appear? Lee and Rubloff emphasize that they are developing the technology for mass production as layers of devices that could look like thin panels, similar to solar panels or the flat panel displays we see everywhere, manufactured at low cost. Multiple energy storage panels would be stacked together inside a car battery system or solar panel. In the longer run, they foresee the same nanotechnologies providing new energy capture technology (solar, thermoelectric) that could be fully integrated with storage devices in manufacturing.
This advance follows soon after another accomplishment--the dramatic improvement in performance (energy and power) of electrochemical capacitors (ECC's), thus 'supercapacitors,' by Lee's research group, published recently in the Journal of the American Chemical Society. (Figure 1). Efforts are under way to achieve comparable advances in energy density of lithium (Li) ion batteries but with much higher power density.
"U-Md.'s successes are built upon the convergence and collaboration of experts from a wide range of nanoscale science and technology areas with researchers already in the center of energy research," Rubloff said.
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Battery systems that fit in cars don't hold enough energy for driving distances, yet take hours to recharge and don't give much power for acceleration. Renewable sources like solar and wind deliver significant power only part time, but devices to store their energy are expensive and too inefficient to deliver enough power for surge demand.
Researchers at the Maryland NanoCenter at the University of Maryland, College Park, have developed new systems for storing electrical energy derived from alternative sources that are, in some cases, 10 times more efficient than what is commercially available. The results of their research are available in the latest issue of Nature Nanotechnology.
"Renewable energy sources like solar and wind provide time-varying, somewhat unpredictable energy supply, which must be captured and stored as electrical energy until demanded," said Gary Rubloff, director of the University of Maryland's NanoCenter. "Conventional devices to store and deliver electrical energy - batteries and capacitors - cannot achieve the needed combination of high energy density, high power, and fast recharge that are essential for our energy future."
Researchers working with Professor Rubloff and his collaborator, Professor Sang Bok Lee, have developed a method to significantly enhance the performance of electrical energy storage devices.
Using new processes central to nanotechnology, they create millions of identical nanostructures with shapes tailored to transport energy as electrons rapidly to and from very large surface areas where they are stored. Materials behave according to physical laws of nature. The Maryland researchers exploit unusual combinations of these behaviors (called self-assembly, self-limiting reaction, and self-alignment) to construct millions -and ultimately billions - of tiny, virtually identical nanostructures to receive, store, and deliver electrical energy.
"These devices exploit unique combinations of materials, processes, and structures to optimize both energy and power density--combinations that, taken together, have real promise for building a viable next-generation technology, and around it, a vital new sector of the tech economy," Rubloff said.
"The goal for electrical energy storage systems is to simultaneously achieve high power and high energy density to enable the devices to hold large amounts of energy, to deliver that energy at high power, and to recharge rapidly (the complement to high power)," he continued.
Electrical energy storage devices fall into three categories. Batteries, particularly lithium ion, store large amounts of energy but cannot provide high power or fast recharge. Electrochemical capacitors (ECCs), also relying on electrochemical phenomena, offer higher power at the price of relatively lower energy density. In contrast, electrostatic capacitors (ESCs) operate by purely physical means, storing charge on the surfaces of two conductors. This makes them capable of high power and fast recharge, but at the price of lower energy density.
The Maryland research team's new devices are electrostatic nanocapacitors which dramatically increase energy storage density of such devices - by a factor of 10 over that of commercially available devices - without sacrificing the high power they traditionally characteristically offer. This advance brings electrostatic devices to a performance level competitive with electrochemical capacitors and introduces a new player into the field of candidates for next-generation electrical energy storage.
Where will these new nanodevices appear? Lee and Rubloff emphasize that they are developing the technology for mass production as layers of devices that could look like thin panels, similar to solar panels or the flat panel displays we see everywhere, manufactured at low cost. Multiple energy storage panels would be stacked together inside a car battery system or solar panel. In the longer run, they foresee the same nanotechnologies providing new energy capture technology (solar, thermoelectric) that could be fully integrated with storage devices in manufacturing.
This advance follows soon after another accomplishment--the dramatic improvement in performance (energy and power) of electrochemical capacitors (ECC's), thus 'supercapacitors,' by Lee's research group, published recently in the Journal of the American Chemical Society. (Figure 1). Efforts are under way to achieve comparable advances in energy density of lithium (Li) ion batteries but with much higher power density.
"U-Md.'s successes are built upon the convergence and collaboration of experts from a wide range of nanoscale science and technology areas with researchers already in the center of energy research," Rubloff said.
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Wednesday, February 25, 2009
Pres. Obama to Nation - Our Economic Recovery 'Begins With Energy'
/PRNewswire/ -- President Obama's first speech to a Joint Session of Congress last night was almost entirely devoted to the troubled economy. Amid a deepening recession Obama described the $787 Billion stimulus as one of the bold steps his five week old administration is implementing to turn the US economy around.
In the speech, Obama vowed to spend $15 billion a year to develop renewable energy. "We know the country that harnesses the power of clean, renewable energy will lead the 21st century," he said. The administration's Secretary of Energy, Stephen Chu, announced on Monday an immediate fast-tracking of all applications from wind and solar companies for stimulus dollars to kick-start the construction of more projects.
Assuming wind companies receive the lion's share of stimulus dollars (wind power accounted for 95% of the renewable energy built over the last five years), the stimulus is expected to lead to the construction of 30,000-megawatts of additional capacity, according to Hugh Wynne, an analyst at Bernstein Research - enough new wind power to supply 9 million American homes.
Wind farm developer NACEL Energy (OTC:NCEN) (BULLETIN BOARD: NCEN) CEO Brian Lavery said, "We ran the numbers and the impact as we understand the new stimulus incentives for wind power are really quite significant." NACEL has four wind power projects underway in the Texas Panhandle. Advisory Research has a positive rating on NACEL and a $3.07 valuation.
Accelerating construction of wind farms is also expected to lead to a recovery in the turbine market in the second half of 2009. In recent months manufacturers General Electric (NYSE:GE) and Vestas (Pink Sheets: VWDRY), as well as companies which supply the carbon fiber for turbine blades such as Hexcel (NYSE:HXL) and Zoltek (NASDAQ:ZOLT) , have all experienced slowing demand. Yesterday KeyBanc Capital Markets announced a new buy rating on Hexcel and a $10 valuation.
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In the speech, Obama vowed to spend $15 billion a year to develop renewable energy. "We know the country that harnesses the power of clean, renewable energy will lead the 21st century," he said. The administration's Secretary of Energy, Stephen Chu, announced on Monday an immediate fast-tracking of all applications from wind and solar companies for stimulus dollars to kick-start the construction of more projects.
Assuming wind companies receive the lion's share of stimulus dollars (wind power accounted for 95% of the renewable energy built over the last five years), the stimulus is expected to lead to the construction of 30,000-megawatts of additional capacity, according to Hugh Wynne, an analyst at Bernstein Research - enough new wind power to supply 9 million American homes.
Wind farm developer NACEL Energy (OTC:NCEN) (BULLETIN BOARD: NCEN) CEO Brian Lavery said, "We ran the numbers and the impact as we understand the new stimulus incentives for wind power are really quite significant." NACEL has four wind power projects underway in the Texas Panhandle. Advisory Research has a positive rating on NACEL and a $3.07 valuation.
Accelerating construction of wind farms is also expected to lead to a recovery in the turbine market in the second half of 2009. In recent months manufacturers General Electric (NYSE:GE) and Vestas (Pink Sheets: VWDRY), as well as companies which supply the carbon fiber for turbine blades such as Hexcel (NYSE:HXL) and Zoltek (NASDAQ:ZOLT) , have all experienced slowing demand. Yesterday KeyBanc Capital Markets announced a new buy rating on Hexcel and a $10 valuation.
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Friday, January 9, 2009
Obama Inauguration to Highlight Dramatic 'Green Energy' Agenda
/PRNewswire/ -- President-Elect Barack Obama will take office January 20th with the strongest commitment to renewable energy of any President in history. Obama's widely anticipated inauguration speech is expected to highlight bold new national policies to speed America's transition to a renewable energy economy.
-- Construction of a high-voltage "interstate highway" system to bring more wind and solar energy to America's major cities.
-- A national policy mandating America's electric utilities to buy a percentage of their electricity from renewable sources like solar and wind - the most readily available, abundant and affordable sources of green energy.
-- Aggressive near-term targets to reduce America's dependence upon imported oil to address both global warming and national security.
Wind and solar energy companies, already coming off a year of record growth in 2008, are expected to gain new momentum through the inauguration and first 100 days as the new Obama administration implements its green agenda.
Growth and investment in the solar industry is focused on manufacturers of photovoltaic (PV) laminate - which convert sunlight to renewable energy. Analysts at Lazard Capital Markets confirmed buy ratings on leading PV suppliers Energy Conversion Devices (NASDAQ:ENER) and First Solar (NASDAQ:FSLR) .
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-- Construction of a high-voltage "interstate highway" system to bring more wind and solar energy to America's major cities.
-- A national policy mandating America's electric utilities to buy a percentage of their electricity from renewable sources like solar and wind - the most readily available, abundant and affordable sources of green energy.
-- Aggressive near-term targets to reduce America's dependence upon imported oil to address both global warming and national security.
Wind and solar energy companies, already coming off a year of record growth in 2008, are expected to gain new momentum through the inauguration and first 100 days as the new Obama administration implements its green agenda.
Growth and investment in the solar industry is focused on manufacturers of photovoltaic (PV) laminate - which convert sunlight to renewable energy. Analysts at Lazard Capital Markets confirmed buy ratings on leading PV suppliers Energy Conversion Devices (NASDAQ:ENER) and First Solar (NASDAQ:FSLR) .
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Thursday, December 18, 2008
Marilyn Brown Briefs Policymakers on Solar Energy
Public Policy Professor Marilyn Brown spoke Monday to a luncheon briefing at the Rayburn House Office Building in Washington, D.C., about solar power. Brown, a professor in the Ivan Allen College of Liberal Arts, was one of three guests invited to give their views on the current state of solar technology, the probable future of these devices and potential barriers to implementing them.
The luncheon was hosted by the American Chemical Society’s Science and the Congress Project and was co-hosted by Rep. Gabrielle Giffords (D-AZ) and Rep. Ralph Hall (R-TX). Julia Hamm of the Solar Electric Power Association and Nate Lewis of the California Institute of Technology also spoke to the gathering.
Brown is one of Georgia Tech’s most sought after experts on energy policy. In addition to informing national leaders about energy policy, she is also the author of Georgia Tech’s quarterly energy sustainability index, the EnergyBuzz (www.gatech.edu/energybuzz).
She joined Georgia Tech in 2006 after a distinguished career at the U.S. Department of Energy’s Oak Ridge National Laboratory. There she held various leadership positions and led several major energy technology and policy scenario studies. Recognizing her stature as a national leader in the analysis and interpretation of energy futures in the United States, Brown remains affiliated with ORNL as a Visiting Distinguished Scientist.
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The luncheon was hosted by the American Chemical Society’s Science and the Congress Project and was co-hosted by Rep. Gabrielle Giffords (D-AZ) and Rep. Ralph Hall (R-TX). Julia Hamm of the Solar Electric Power Association and Nate Lewis of the California Institute of Technology also spoke to the gathering.
Brown is one of Georgia Tech’s most sought after experts on energy policy. In addition to informing national leaders about energy policy, she is also the author of Georgia Tech’s quarterly energy sustainability index, the EnergyBuzz (www.gatech.edu/energybuzz).
She joined Georgia Tech in 2006 after a distinguished career at the U.S. Department of Energy’s Oak Ridge National Laboratory. There she held various leadership positions and led several major energy technology and policy scenario studies. Recognizing her stature as a national leader in the analysis and interpretation of energy futures in the United States, Brown remains affiliated with ORNL as a Visiting Distinguished Scientist.
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Wednesday, December 10, 2008
Deloitte Survey: Seventy-Three Percent of Voters Say America on the Wrong Track
/PRNewswire/ -- Voters feel the country is headed in the wrong overall direction by a five-to-one margin, according to a national survey from Deloitte's Oil & Gas industry group.
The Deloitte survey also identified the four most urgent issues facing the new presidential administration: the nation's economy, 84 percent; the wars in Iraq and Afghanistan, 39 percent; health care, 26 percent; and energy, 19 percent (multiple responses were permitted; numbers do not add up to 100 percent).
The survey placed a special focus on the national energy situation, which voters believe is on the wrong track by a three-to-one margin -- 79 percent claiming that the nation's energy situation is in worse shape now than five years ago.
The survey shows that Americans have a particular passion for renewable energy, but may not realize the need for more hydrocarbons like oil and gas, which are projected to account for the majority of the world's transportation fuels through 2030. Given this fact, the new presidential administration could face a challenge meeting the public's short-term aspirations for renewable energy.
"It's clear from our survey that most voters believe renewable energy is the way of the future," said Gary Adams, vice chairman, oil and gas, Deloitte LLP. "While this is very important, many voters may not understand the current costs and complexities of developing renewable energy."
In the survey, renewables like solar power and wind power have an 86 percent favorability rating, consistent across all age and education groups. Moreover, a plurality of voters (41 percent) believe renewable energy is the cheapest type of energy today, with an additional 10 percentage points (51 percent overall) claiming renewable energy will be the cheapest energy source 25 years from now.
In contrast, the percentage of voters surveyed who believe oil and gas is currently the cheapest energy source trails renewables by 25 points (16 percent feel oil and gas is currently a cheap energy source). What is more, the percentage trails renewables by a full 45 points when voters look into the future (6 percent believe oil and gas will be a cheap energy source 25 years from now).
Adams points out that there is confusion among voters about the real costs of renewable energy sources. "Right now, renewables simply are not as cheap as fossil fuels, which adds to the challenge of satisfying the public's desire to move away from conventional oil and gas in a short time period."
When it comes to sustainability, oil and gas decline even further in voters' minds: 25 percent surveyed say oil and gas are a sustainable energy source today, but only 8 percent say the same will be true 25 years from now -- a 17 point drop.
Adams points out that America urgently needs a comprehensive energy policy that will promote investment in the development of economical alternative fuels, such as renewables and, at the same time, encourage local exploration and production of oil and gas to bridge to the gap to the future.
"The world will be primarily reliant on fossil fuels for at least two generations -- the bridge to tomorrow's new energy future depends on this. The key is to have a sensible plan to transition to a new, cleaner energy era. It is also clear that the oil and gas industry needs to do more to educate the public on the challenges ahead."
Deloitte's survey offers a few clues as to how voters would like go about this transition. First and foremost, voters widely agree on requiring more stringent and mandatory fuel economy standards for all cars sold in America. Most voters, especially younger ones, are also in favor of funding major clean energy projects despite high costs.
Surprisingly, the survey showed that oil and gas are viewed with less outright disdain than one might assume: Conventional oil and gas generally enjoy two-to-one support as an energy source among all voters surveyed, although the level of support is highest among those over the age of 55. At least one in three voters prefers using fossil fuels more efficiently rather than moving away from them. Older voters are also in favor of building new refineries to produce more gasoline.
Still, voters are increasingly skeptical about the longevity of oil and gas as an energy solution. While they are evenly split over whether oil and gas are a short-term or medium-term solution for fulfilling America's energy needs, a mere 10 percent think oil and gas are a long-term solution.
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The Deloitte survey also identified the four most urgent issues facing the new presidential administration: the nation's economy, 84 percent; the wars in Iraq and Afghanistan, 39 percent; health care, 26 percent; and energy, 19 percent (multiple responses were permitted; numbers do not add up to 100 percent).
The survey placed a special focus on the national energy situation, which voters believe is on the wrong track by a three-to-one margin -- 79 percent claiming that the nation's energy situation is in worse shape now than five years ago.
The survey shows that Americans have a particular passion for renewable energy, but may not realize the need for more hydrocarbons like oil and gas, which are projected to account for the majority of the world's transportation fuels through 2030. Given this fact, the new presidential administration could face a challenge meeting the public's short-term aspirations for renewable energy.
"It's clear from our survey that most voters believe renewable energy is the way of the future," said Gary Adams, vice chairman, oil and gas, Deloitte LLP. "While this is very important, many voters may not understand the current costs and complexities of developing renewable energy."
In the survey, renewables like solar power and wind power have an 86 percent favorability rating, consistent across all age and education groups. Moreover, a plurality of voters (41 percent) believe renewable energy is the cheapest type of energy today, with an additional 10 percentage points (51 percent overall) claiming renewable energy will be the cheapest energy source 25 years from now.
In contrast, the percentage of voters surveyed who believe oil and gas is currently the cheapest energy source trails renewables by 25 points (16 percent feel oil and gas is currently a cheap energy source). What is more, the percentage trails renewables by a full 45 points when voters look into the future (6 percent believe oil and gas will be a cheap energy source 25 years from now).
Adams points out that there is confusion among voters about the real costs of renewable energy sources. "Right now, renewables simply are not as cheap as fossil fuels, which adds to the challenge of satisfying the public's desire to move away from conventional oil and gas in a short time period."
When it comes to sustainability, oil and gas decline even further in voters' minds: 25 percent surveyed say oil and gas are a sustainable energy source today, but only 8 percent say the same will be true 25 years from now -- a 17 point drop.
Adams points out that America urgently needs a comprehensive energy policy that will promote investment in the development of economical alternative fuels, such as renewables and, at the same time, encourage local exploration and production of oil and gas to bridge to the gap to the future.
"The world will be primarily reliant on fossil fuels for at least two generations -- the bridge to tomorrow's new energy future depends on this. The key is to have a sensible plan to transition to a new, cleaner energy era. It is also clear that the oil and gas industry needs to do more to educate the public on the challenges ahead."
Deloitte's survey offers a few clues as to how voters would like go about this transition. First and foremost, voters widely agree on requiring more stringent and mandatory fuel economy standards for all cars sold in America. Most voters, especially younger ones, are also in favor of funding major clean energy projects despite high costs.
Surprisingly, the survey showed that oil and gas are viewed with less outright disdain than one might assume: Conventional oil and gas generally enjoy two-to-one support as an energy source among all voters surveyed, although the level of support is highest among those over the age of 55. At least one in three voters prefers using fossil fuels more efficiently rather than moving away from them. Older voters are also in favor of building new refineries to produce more gasoline.
Still, voters are increasingly skeptical about the longevity of oil and gas as an energy solution. While they are evenly split over whether oil and gas are a short-term or medium-term solution for fulfilling America's energy needs, a mere 10 percent think oil and gas are a long-term solution.
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Wednesday, December 3, 2008
Here Comes the Sun! FPL’s Next Generation Solar Energy Center to Be World’s First Hybrid Solar Plant, First Utility-Scale Solar Facility in Florida
GEG Note: It appears our neighbors to the south are on the verge of something great. We thought our readers would find this story of interest as we all learn more about alternative energy sources.
(BUSINESS WIRE)--Lt. Gov. Jeff Kottkamp and local community leaders joined officials of Florida Power & Light Company here today to break ground on FPL’s Martin Next Generation Solar Energy Center, which will be the world’s first hybrid solar energy plant and the first utility-scale solar facility in Florida.
With Florida and the nation facing the twin challenges of climate change and energy security, FPL’s new 75-megawatt Martin Next Generation Solar Energy Center marks an important early step in Florida’s quest to use more sun to power the Sunshine State.
“Florida’s future growth and economic strength depends on how we address climate change, and we know we can reduce greenhouse gases by using fewer fossil fuels and more natural energy sources like solar,” said Gov. Charlie Crist. “This solar facility is a significant step in that direction.”
As the first hybrid solar facility in the world to combine a solar-thermal field with a combined-cycle natural gas power plant, the Martin Next Generation Solar Energy Center will use less fossil fuel when heat from the sun is available to help produce the steam needed to generate electricity. This innovative technology will help protect customers from volatile fossil fuel costs as it reduces Florida’s carbon footprint. The solar facility will consist of approximately 180,000 mirrors over roughly 500 acres of land at the existing FPL Martin Plant location.
“The next generation of Floridians is counting on us to address the most pressing energy challenges of our time. With the Martin Next Generation Solar Energy Center, we will capture the power of the sun to fight climate change and provide the state with clean, affordable energy,” said FPL Group Chairman and CEO Lew Hay.
“At this innovative facility, each sunrise will be the equivalent of easing our foot off the gas pedal as solar power is being produced. With the continued support of Gov. Crist, the Florida Legislature and the Public Service Commission, FPL will do more – much more – in the coming years to build Florida’s renewable energy industry,” said Hay.
Gov. Crist has made clean energy and protecting Florida’s environment a priority since taking office.
"The Governor and I want to commend FPL for being a leader in the use of solar energy as the world’s No. 1 producer of solar thermal energy and one of the largest generators of wind power,” said Lt. Gov. Jeff Kottkamp. “We believe there is no better place than here, in the Sunshine State, to lead the way in expanding solar technology to homes and businesses."
The Martin Next Generation Solar Energy Center will provide enough power to serve about 11,000 homes. Over 30 years, the solar facility will prevent the emissions of more than 2.75 million tons of greenhouse gases, which is the equivalent of removing more than 18,700 cars from the road every year for the life of the project, according to the U.S. Environmental Protection Agency. The implementation of solar thermal technology will also decrease fossil-fuel usage by approximately 41 billion cubic feet of natural gas and more than 600,000 barrels of oil.
The facility will be the nation’s second-largest solar energy facility when it is fully operational in 2010. The Martin facility is the largest of three solar projects FPL is building in Florida. With a combined total of 110 megawatts of emissions-free energy, the facilities will make Florida the No. 2 producer of solar energy nationwide and will avoid nearly 3.5 million tons of carbon dioxide over the lives of the plants.
In addition to the Martin facility, FPL will also build two other solar projects in Florida – one at NASA’s Kennedy Space Center and the other in Desoto County. These facilities will add 35 megawatts of solar photovoltaic capacity to the state. Combined, these projects help strengthen FPL Group’s position as the nation’s clean energy leader.
Among the company’s clean energy credentials:
* FPL Group is the nation’s No. 1 producer of renewable energy from wind. The company has 58 projects in 16 states with a capacity of more than 5,800 megawatts of electricity, or enough to power more than 1 million homes and businesses with zero carbon emissions.
* FPL Group is the nation’s No. 1 producer of renewable energy from solar. The company operates the largest solar-thermal plant in the world in California’s Mojave Desert, the 310-megawatt Solar Electric Generating System.
* Florida Power & Light Company is the nation’s No. 1 utility for energy conservation, according to U.S. Department of Energy data. FPL’s conservation programs have helped the company avoid the need to build 12 medium-sized power plants since 1980, more than any other utility.
More information about FPL’s next-generation solar energy centers is available at www.fpl.com/solar. For downloadable, high-resolution photos of solar thermal technology, please visit www.flickr.com/fplsolar.
Florida Power & Light Company is a subsidiary of FPL Group, Inc. (NYSE:FPL), nationally known as a high quality, efficient and customer-driven organization focused on energy-related products and services. With annual revenues of over $15 billion and a growing presence in 27 states, FPL Group is widely recognized as one of the country's premier power companies. Florida Power & Light Company serves 4.5 million customer accounts in Florida. FPL Energy, LLC, FPL Group's competitive energy subsidiary, is a leader in producing electricity from clean and renewable fuels. Additional information is available on the Internet at www.FPL.com, www.FPLGroup.com and www.FPLEnergy.com.
Cautionary Statements and Risk Factors That May Affect Future Results
In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 (Reform Act), FPL Group and Florida Power & Light Company (Florida Power & Light) are hereby providing cautionary statements identifying important factors that could cause FPL Group's or Florida Power & Light's actual results to differ materially from those projected in forward-looking statements (as such term is defined in the Reform Act) made by or on behalf of FPL Group and Florida Power & Light in this press release, on their respective websites, in response to questions or otherwise. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions, future events or performance, climate change strategy or growth strategies (often, but not always, through the use of words or phrases such as will likely result, are expected to, will continue, is anticipated, aim, believe, could, estimated, may, plan, potential, projection, target, outlook, predict, intend) are not statements of historical facts and may be forward-looking. Forward-looking statements involve estimates, assumptions and uncertainties. Accordingly, any such statements are qualified in their entirety by reference to, and are accompanied by, the following important factors (in addition to any assumptions and other factors referred to specifically in connection with such forward-looking statements) that could cause FPL Group's or Florida Power & Light's actual results to differ materially from those contained in forward-looking statements made by or on behalf of FPL Group and Florida Power & Light.
Any forward-looking statement speaks only as of the date on which such statement is made, and FPL Group and Florida Power & Light undertake no obligation to update any forward-looking statement to reflect events or circumstances, including unanticipated events, after the date on which such statement is made. New factors emerge from time to time and it is not possible for management to predict all of such factors, nor can it assess the impact of each such factor on the business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statement.
The following are some important factors that could have a significant impact on FPL Group's and Florida Power & Light's operations and financial results, and could cause FPL Group's and Florida Power & Light's actual results or outcomes to differ materially from those discussed in the forward-looking statements:
• FPL Group and Florida Power & Light are subject to complex laws and regulations and to changes in laws and regulations as well as changing governmental policies and regulatory actions, including, but not limited to, initiatives regarding deregulation and restructuring of the energy industry and environmental matters, including, but not limited to, matters related to the effects of climate change. Florida Power & Light holds franchise agreements with local municipalities and counties, and must renegotiate expiring agreements. These factors may have a negative impact on the business and results of operations of FPL Group and Florida Power & Light.
• The operation and maintenance of transmission, distribution and power generation facilities, including nuclear facilities, involve significant risks that could adversely affect the results of operations and financial condition of FPL Group and Florida Power & Light.
• The construction of, and capital improvements to, power generation facilities, including nuclear facilities, involve substantial risks. Should construction or capital improvement efforts be unsuccessful, the results of operations and financial condition of FPL Group and Florida Power & Light could be adversely affected.
• Adverse capital and credit market conditions may adversely affect FPL Group's and FPL's ability to meet liquidity needs, access capital and operate and grow their businesses, and the cost of capital. Disruptions, uncertainty or volatility in the financial markets can also adversely impact the results of operations and financial condition of FPL Group and FPL, as well as exert downward pressure on stock prices.
• FPL Group's and FPL's inability to maintain their current credit ratings may adversely affect FPL Group's and FPL's liquidity, limit the ability of FPL Group and FPL to grow their businesses, and would likely increase interest costs.
• FPL Group and FPL are subject to credit and performance risk from third parties under supply and service contracts.
• Customer growth and customer usage in Florida Power & Light’s service area affect FPL Group's and Florida Power & Light's results of operations.
• Weather affects FPL Group's and Florida Power & Light's results of operations, as can the impact of severe weather. Weather conditions directly influence the demand for electricity and natural gas, affect the price of energy commodities, and can affect the production of electricity at power generating facilities.
• FPL Group and Florida Power & Light are subject to costs and other potentially adverse effects of legal and regulatory proceedings as well as regulatory compliance and changes in or additions to applicable tax laws, rates or policies, rates of inflation, accounting standards, securities laws and corporate governance requirements.
• Threats of terrorism and catastrophic events that could result from terrorism, cyber attacks, or individuals and/or groups attempting to disrupt FPL Group's and Florida Power & Light's business may impact the operations of FPL Group and Florida Power & Light in unpredictable ways.
• The ability of FPL Group and Florida Power & Light to obtain insurance and the terms of any available insurance coverage could be adversely affected by national, state or local events and company-specific events.
• FPL Group and Florida Power & Light are subject to employee workforce factors that could adversely affect the businesses and financial condition of FPL Group and Florida Power & Light.
The risks described herein are not the only risks facing FPL Group and Florida Power & Light. Additional risks and uncertainties not currently known to FPL Group or Florida Power & Light, or that are currently deemed to be immaterial, also may materially adversely affect FPL Group’s or Florida Power & Light’s business, financial condition and/or future operating results.
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(BUSINESS WIRE)--Lt. Gov. Jeff Kottkamp and local community leaders joined officials of Florida Power & Light Company here today to break ground on FPL’s Martin Next Generation Solar Energy Center, which will be the world’s first hybrid solar energy plant and the first utility-scale solar facility in Florida.
With Florida and the nation facing the twin challenges of climate change and energy security, FPL’s new 75-megawatt Martin Next Generation Solar Energy Center marks an important early step in Florida’s quest to use more sun to power the Sunshine State.
“Florida’s future growth and economic strength depends on how we address climate change, and we know we can reduce greenhouse gases by using fewer fossil fuels and more natural energy sources like solar,” said Gov. Charlie Crist. “This solar facility is a significant step in that direction.”
As the first hybrid solar facility in the world to combine a solar-thermal field with a combined-cycle natural gas power plant, the Martin Next Generation Solar Energy Center will use less fossil fuel when heat from the sun is available to help produce the steam needed to generate electricity. This innovative technology will help protect customers from volatile fossil fuel costs as it reduces Florida’s carbon footprint. The solar facility will consist of approximately 180,000 mirrors over roughly 500 acres of land at the existing FPL Martin Plant location.
“The next generation of Floridians is counting on us to address the most pressing energy challenges of our time. With the Martin Next Generation Solar Energy Center, we will capture the power of the sun to fight climate change and provide the state with clean, affordable energy,” said FPL Group Chairman and CEO Lew Hay.
“At this innovative facility, each sunrise will be the equivalent of easing our foot off the gas pedal as solar power is being produced. With the continued support of Gov. Crist, the Florida Legislature and the Public Service Commission, FPL will do more – much more – in the coming years to build Florida’s renewable energy industry,” said Hay.
Gov. Crist has made clean energy and protecting Florida’s environment a priority since taking office.
"The Governor and I want to commend FPL for being a leader in the use of solar energy as the world’s No. 1 producer of solar thermal energy and one of the largest generators of wind power,” said Lt. Gov. Jeff Kottkamp. “We believe there is no better place than here, in the Sunshine State, to lead the way in expanding solar technology to homes and businesses."
The Martin Next Generation Solar Energy Center will provide enough power to serve about 11,000 homes. Over 30 years, the solar facility will prevent the emissions of more than 2.75 million tons of greenhouse gases, which is the equivalent of removing more than 18,700 cars from the road every year for the life of the project, according to the U.S. Environmental Protection Agency. The implementation of solar thermal technology will also decrease fossil-fuel usage by approximately 41 billion cubic feet of natural gas and more than 600,000 barrels of oil.
The facility will be the nation’s second-largest solar energy facility when it is fully operational in 2010. The Martin facility is the largest of three solar projects FPL is building in Florida. With a combined total of 110 megawatts of emissions-free energy, the facilities will make Florida the No. 2 producer of solar energy nationwide and will avoid nearly 3.5 million tons of carbon dioxide over the lives of the plants.
In addition to the Martin facility, FPL will also build two other solar projects in Florida – one at NASA’s Kennedy Space Center and the other in Desoto County. These facilities will add 35 megawatts of solar photovoltaic capacity to the state. Combined, these projects help strengthen FPL Group’s position as the nation’s clean energy leader.
Among the company’s clean energy credentials:
* FPL Group is the nation’s No. 1 producer of renewable energy from wind. The company has 58 projects in 16 states with a capacity of more than 5,800 megawatts of electricity, or enough to power more than 1 million homes and businesses with zero carbon emissions.
* FPL Group is the nation’s No. 1 producer of renewable energy from solar. The company operates the largest solar-thermal plant in the world in California’s Mojave Desert, the 310-megawatt Solar Electric Generating System.
* Florida Power & Light Company is the nation’s No. 1 utility for energy conservation, according to U.S. Department of Energy data. FPL’s conservation programs have helped the company avoid the need to build 12 medium-sized power plants since 1980, more than any other utility.
More information about FPL’s next-generation solar energy centers is available at www.fpl.com/solar. For downloadable, high-resolution photos of solar thermal technology, please visit www.flickr.com/fplsolar.
Florida Power & Light Company is a subsidiary of FPL Group, Inc. (NYSE:FPL), nationally known as a high quality, efficient and customer-driven organization focused on energy-related products and services. With annual revenues of over $15 billion and a growing presence in 27 states, FPL Group is widely recognized as one of the country's premier power companies. Florida Power & Light Company serves 4.5 million customer accounts in Florida. FPL Energy, LLC, FPL Group's competitive energy subsidiary, is a leader in producing electricity from clean and renewable fuels. Additional information is available on the Internet at www.FPL.com, www.FPLGroup.com and www.FPLEnergy.com.
Cautionary Statements and Risk Factors That May Affect Future Results
In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 (Reform Act), FPL Group and Florida Power & Light Company (Florida Power & Light) are hereby providing cautionary statements identifying important factors that could cause FPL Group's or Florida Power & Light's actual results to differ materially from those projected in forward-looking statements (as such term is defined in the Reform Act) made by or on behalf of FPL Group and Florida Power & Light in this press release, on their respective websites, in response to questions or otherwise. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions, future events or performance, climate change strategy or growth strategies (often, but not always, through the use of words or phrases such as will likely result, are expected to, will continue, is anticipated, aim, believe, could, estimated, may, plan, potential, projection, target, outlook, predict, intend) are not statements of historical facts and may be forward-looking. Forward-looking statements involve estimates, assumptions and uncertainties. Accordingly, any such statements are qualified in their entirety by reference to, and are accompanied by, the following important factors (in addition to any assumptions and other factors referred to specifically in connection with such forward-looking statements) that could cause FPL Group's or Florida Power & Light's actual results to differ materially from those contained in forward-looking statements made by or on behalf of FPL Group and Florida Power & Light.
Any forward-looking statement speaks only as of the date on which such statement is made, and FPL Group and Florida Power & Light undertake no obligation to update any forward-looking statement to reflect events or circumstances, including unanticipated events, after the date on which such statement is made. New factors emerge from time to time and it is not possible for management to predict all of such factors, nor can it assess the impact of each such factor on the business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statement.
The following are some important factors that could have a significant impact on FPL Group's and Florida Power & Light's operations and financial results, and could cause FPL Group's and Florida Power & Light's actual results or outcomes to differ materially from those discussed in the forward-looking statements:
• FPL Group and Florida Power & Light are subject to complex laws and regulations and to changes in laws and regulations as well as changing governmental policies and regulatory actions, including, but not limited to, initiatives regarding deregulation and restructuring of the energy industry and environmental matters, including, but not limited to, matters related to the effects of climate change. Florida Power & Light holds franchise agreements with local municipalities and counties, and must renegotiate expiring agreements. These factors may have a negative impact on the business and results of operations of FPL Group and Florida Power & Light.
• The operation and maintenance of transmission, distribution and power generation facilities, including nuclear facilities, involve significant risks that could adversely affect the results of operations and financial condition of FPL Group and Florida Power & Light.
• The construction of, and capital improvements to, power generation facilities, including nuclear facilities, involve substantial risks. Should construction or capital improvement efforts be unsuccessful, the results of operations and financial condition of FPL Group and Florida Power & Light could be adversely affected.
• Adverse capital and credit market conditions may adversely affect FPL Group's and FPL's ability to meet liquidity needs, access capital and operate and grow their businesses, and the cost of capital. Disruptions, uncertainty or volatility in the financial markets can also adversely impact the results of operations and financial condition of FPL Group and FPL, as well as exert downward pressure on stock prices.
• FPL Group's and FPL's inability to maintain their current credit ratings may adversely affect FPL Group's and FPL's liquidity, limit the ability of FPL Group and FPL to grow their businesses, and would likely increase interest costs.
• FPL Group and FPL are subject to credit and performance risk from third parties under supply and service contracts.
• Customer growth and customer usage in Florida Power & Light’s service area affect FPL Group's and Florida Power & Light's results of operations.
• Weather affects FPL Group's and Florida Power & Light's results of operations, as can the impact of severe weather. Weather conditions directly influence the demand for electricity and natural gas, affect the price of energy commodities, and can affect the production of electricity at power generating facilities.
• FPL Group and Florida Power & Light are subject to costs and other potentially adverse effects of legal and regulatory proceedings as well as regulatory compliance and changes in or additions to applicable tax laws, rates or policies, rates of inflation, accounting standards, securities laws and corporate governance requirements.
• Threats of terrorism and catastrophic events that could result from terrorism, cyber attacks, or individuals and/or groups attempting to disrupt FPL Group's and Florida Power & Light's business may impact the operations of FPL Group and Florida Power & Light in unpredictable ways.
• The ability of FPL Group and Florida Power & Light to obtain insurance and the terms of any available insurance coverage could be adversely affected by national, state or local events and company-specific events.
• FPL Group and Florida Power & Light are subject to employee workforce factors that could adversely affect the businesses and financial condition of FPL Group and Florida Power & Light.
The risks described herein are not the only risks facing FPL Group and Florida Power & Light. Additional risks and uncertainties not currently known to FPL Group or Florida Power & Light, or that are currently deemed to be immaterial, also may materially adversely affect FPL Group’s or Florida Power & Light’s business, financial condition and/or future operating results.
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