VC funding for clean E rose from $2.1B in '09 to $3.7B in '10.
In '10, US utilities made >$80B of capital expenditures on gen, transmission, distribution. Was double that spent in '04. As much as 20% of coal fleet to be retired in next decade.
China invested $51B in clean E in '10.
India now has ~5MW solar installed. Working toward 1GW by '13, 20GW by '22. They require, though, that cells, modules be made there. But no such limitation on any other E source. Odd.
Cincinnati Zoo installing 1.56MW solar system for $11M. Panels mounted on canopy above parking lot. Will provide 20% of zoo's el needs.
Lebanon can get up to 6GW, ~ 75% of its el use, from onshore wind. They now have target of 12% clean E by '20. Maybe a stable government should come first. They suffered under severe power shortages last summer, among everything else. As much as 96% of their E needs are imported. World Bank estimates the gencap has to double over next 5 years. Spain now playing major role in transferring expertise. Grid el theft, low bill collection levels and graft other probs.
Aide Solar broke ground on 1M sq.ft. expansion of existing 1M s.f. China factory to get to 2GW/yr module capacity by yearend. US HQ in AZ.
Global solar PV demand forecast to be 20GW in '11: Solarbuzz. Latest estimate for '10 is 16GW, 117% over '09. So, looks like demand to fall from 117% increase to 25%.
Iberdrola (of Spain) filed ap for 300MW wind project near Elizabeth City, NC. US HQ in OR. They've installed >12GW around world, >4.6GW in US.
A German person's C footprint is 10 tons/yr. Same as what a large wind turbine eliminates in one day.
Portland Gen El Comp to comply now with state's new mercury emissions regs to take effect in '12.
Mitsubishi Americas got Virginia El & Power (Dominion subsid) order for gas and steam turbines for new power plant near Front Royal. Combined-cycle 1.3GW plant to go online '14-'15. Dominion portfolio >27GW, 12k miles NG transmission, gathering and storage pipeline, and 6k miles of el trans lines.
Monday, January 31, 2011
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