US solar PV manufacturing capacity <1GW/yr in '08 forecast to be near 4GW in '12. EIA estimates overall US clean E gen cap to reach 155GW by '15.
Lawrence Berkeley Lab found way to make 50% efficient, low cost multi-junction solar cells from single semicon material instead of multi materials. Cell can capture whole solar spectrum. Already working with Rose Street Labs Energy and unit of Sumitomo.
Georgia Power signed up 2nd 1MW solar PV project in 2 months. United Renewable Energy will build, GP will own, sell the E wholesale.
Phillips believes LED light source market to expand to >$15B and LED lighting device market to >$40B by '15, half the global lighting market. They see LED lighting at 75% of global market by '20.
House probe found fracking comps injected 32M gal of diesel underground. EPA had assumed the practice stopped 7 yrs ago. Yeah and your momma stopped wearing combat boots. Halliburton, Schlumberger, BJ the biggest frackers. I know. BJ Fracker. Good band name. 10M gal straight diesel, 22M at least 30% concentration.
China's Cnooc to pay $570M cash for 1/3 stake in Chesapeake E's CO, WY Niobrara shale project. Also will pay up to $697M, or 2/3 costs to drill, complete wells there. Cnooc also has rights to 1/3 share in Chessy's future acquisitions there. $1B buy of Chessy's south TX project last year. 5 yrs after political opposition derailed Cnooc $18B bid for Unocal. Niobrara might contain >100M bls oil.
Citi announced a new fund to finance $40M for residential solar projects in '11. Wo, don't go overboard or anything. Team up with Solar City.
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