Tuesday, December 20, 2011

STUFF

Google teaming with KKR to buy 4 solar plants in Cal - total 88MW - from Recurrent E (owned by Sharp). Brings Google total solar investment to >$915M.

Duke-Am Transmission bought Zephyr Power Transmission Project to continue development of the 950-mile power line to deliver WY wind energy to S west. 500kV DC project est @ $3.5B. 3GW of wind farms planned for E WY.

China announced last week a 50% increase in its solar plan. Now aiming for 15GW installed by '15. Their production capac now 30-40GW and current domestic market ~2GW/y.

Drop in Spain's borrowing costs, strong econ data from Germany easing EU worries some and helping market today.

10% of TX trees succumbed to drought.

DOI last Friday gave conditional green light for Shell to explore for oil in summer in Alaska waters (Chukchi Sea).

CA-based Stion got $130M VC financing for their CIGS PV tech. They're expanding a MS plant and opening Korean manufacturing subsid. 14% efficiency in early production.

Coast Guard, Cummins partnering to study biodiesel in marine inboard engines.

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