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Solarreserve Signs Contract To Supply Solar Power In Central America - Yahoo Finance

The Acajutla project is the first of several in SolarReserve's pipeline of 800 MW of solar power projects in development in Latin America, which includes advanced solar thermal technology (CSP), photovoltaic (PV) technology, and hybrid (combined CSP and PV) solutions that can provide competitive 24-hour solar energy. "Many Latin American countries, including El Salvador, have experience with renewable energy such as geothermal or hydroelectric. As demand for electricity continues to grow, Latin America represents a great opportunity for solar power development," said Kevin Smith, SolarReserve's CEO. "With the region's excellent solar resource and escalating and uncertain prices of fossil fuels, solar power makes more than just environmental sense it makes economic sense. We look forward to continuing our work on Acajutla and on our other photovoltaic and solar thermal projects in development in Latin America." About SolarReserve, LLC Headquartered in Santa Monica, California, SolarReserve is a leading developer of utility-scale solar power projects and advanced thermal energy storage technology with more than $1.8 billion of projects in construction and operation globally. SolarReserve has commercialized the world's leading solar thermal energy storage technology utilizing molten salt in a power tower configuration. This game changing technology enables the company's solar thermal (CSP) power plants to operate on-demand day and night, delivering a stable and predictable electricity supply similar to that of conventional fossil fuel-burning power facilities, but without the associated harmful emissions and without any fuel costs. SolarReserve's experienced team of power project professionals has assembled an extensive 5,000 MW worldwide development portfolio of large-scale solar projects. The company's balanced portfolio of power projects includes advanced solar thermal technology (CSP), photovoltaic (PV) technology, and hybrid (combined CSP and PV) solutions. SolarReserve's 110 MW Crescent Dunes Solar Energy Plant located in Nevada is the first utility-scale facility in the world to feature advanced molten salt power tower energy storage capabilities. The project, currently in the commissioning phase , will generate more than 500,000 megawatt-hours of electricity per year and includes 10 hours of full-load energy storage, powering 75,000 Nevada homes with clean reliable electricity day and night. Nevada's largest electric utility, NV Energy, will purchase 100 percent of the electricity generated under a 25-year power purchase agreement.
La version original del articulo http://finance.yahoo.com/news/solarreserve-signs-contract-supply-solar-183500260.html

Solar Energy ?Lighting Up? Professional Sports

Energy Sage Currently California is building the largest desalination plant in the world in Carlsbad . At a cost of $1 billion, the plant will produce 50 million gallons a day for San Diego County by 2016. After decades of mulling the technology, it appears California is starting to realize despite the drawbacks from high energy costs to the potential ecological damage, desalination may be its only hope. Fourteen other plants may follow if the Carlsbad project is considered a success. "This [Carlsbad project] is going to be the pig that will try for years to find the right shade of lipstick," Marco Gonzalez, an attorney who sued on behalf of environmental groups that tried to halt construction, told the San Jose Mercury News last month. "This project will show that the water is just too expensive." As the cost of imported water is on the rise and technological advances are bringing down the cost of converting seawater into potable water, desalination has become the only truly drought-proof process to deliver a new source of clean, safe, high-quality water in a cost-effective and environmentally sound way, Allan Zaremberg, president and CEO of the California Chamber of Commerce, wrote in a letter to the editor in the Los Angeles Times recently. Its not just the business community ringing alarm bells. Eventually, well have to develop new sources of water, David Sedlak, a University of California-Berkeley professor of civil and environmental engineering, recently told e360 ,Yale Universitys School of Forestry and Environmental Studies digest. Sedlak outlines the three main pillars of water sustainability: desalination, wastewater recycling and capturing rainwater.
La version original del articulo http://www.ibtimes.com/california-sand-fire-desalination-plants-may-be-states-only-solution-despite-environmental-1640292

German Utilities Paid to Stabilize Grid Due to Increased Wind and Solar

Today, more and more sports teams, sports leagues and sports organizations are embracing the advantages of solar energy . Yesterday, the National Hockey League (NHL) released a new sustainability report , saying, in part, We believe its important to invest in clean, renewable energy sources, such as wind, solar and hydro in North America. Supporting clean energy will help achieve long-term benefits for our business, such as price stability. The report went on to add: In addition to pursuing reduction measures, five NHL arenas now supply a portion of their power needs for the facility by using on-site solar power or lower-emission energy sources, such as biogas-fueled fuel cell technology. One good example of this growing trend is the Stanley Cup Champions, the Los Angeles Kings, who play at the world-famous, multi-purpose Staples Center in downtown Los Angeles. Far away from the view of fans, the Staples Center has 1,727 solar panels on its rooftop. Today, this state-of-the-art, 364-kilowatt photovoltaic (PV) system provides up to 20 percent of the facility's energy needs on a non-game day and a portion of the power it needs when the puck is dropped for the opening faceoff. Clearly, solar has become a fan favorite. From San Jose to Winnipeg and Tampa Bay to Montreal, communities that embrace professional hockey are embracing solar energy, too. We commend the NHL and Commissioner Gary Bettman for their ongoing commitment to renewable energy and a cleaner environment. They recognize, like so many others, that clean, affordable and reliable solar energy creates thousands of new jobs on both sides of the U.S.-Canadian border, pumps billions of dollars into our respective countries economies and helps to significantly reduce pollution.
La version original del articulo http://www.renewableenergyworld.com/rea/blog/post/2014/07/solar-energy-lighting-up-professional-sports?cmpid=rss

The best trade in red-hot solar stocks: Josh Brown

"New tariffs that went into effect on Chinese photovoltzic panels has made things difficult for the Chinese solar stocks," Brown said Friday on CNBC's " Halftime Report ." New taxes are creating a good opportunity for their U.S. and European counterparts, he added. The call is a change in strategy the trader who had been long Guggenheim Solar . The exchange-traded fund holds shares of both U.S. and international companies and seeks to track the performance of the MAC Global Solar Energy Index. The fund has enjoyed a nice run, up 17 percent on the year, more than double the return of the broader S&P 500. But Brown said that now is the time to take profits, noting that the ETF has started to struggle in the last month because of its Chinese components. Brown said that he is focusing on U.S. plays, with his top pick being Arizona-based First Solar . "It has the biggest backlog in the industry, plays in both utility scale power projects as well as commercial and residential," he said, adding, " General Electric owns a piece of the company, and that affiliation is helping them win huge business together." Brown made his moves as part of the " Halftime Report Playblook Playoffs "a stock competition among the show's seven regular traders.
La version original del articulo http://www.cnbc.com/id/101868438

California Sand Fire: Desalination Plants May Be State?s Only Solution Despite Environmental, Energy Concerns

California Sand Fire Thats in our interest as we want to encourage competition in this market, Armasari Soetarto, a spokeswoman for the Bonn-based authority, said by phone July 18. More supply means lower prices and that means lower costs for German end users. The average price for capacity available within five minutes has dropped to 1,109 euros a megawatt in the week starting July 14, from 1,690 euros in the second week of January, Next Kraftwerke data show. Payments for cutting output within 15 minutes dropped to 361 euros from 1,615 euros in January. The number of participants has increased as the countrys four grid operators refined how capacity is allocated. In 2007, the grids started one common auction and shortened the bidding periods. Since 2011, power plant operators commit their 5-minute capacity on a weekly basis instead of a month before. Balance Payments Balancing-market payments to utilities totaled 800 million euros last year, similar to the amount in 2012, grid data show. Utilities were asked to reserve 3,898 megawatts this week, which compares with Germanys total installed power generation capacity of 183,649 megawatts as of July 16. One megawatt is enough to power 2,000 European homes. Tennet TSO GmbH, Germanys second-biggest grid operator, told power plant operators to adjust output 1,009 times to keep the grid stable last year, compared with 209 times in 2010.
La version original del articulo http://www.renewableenergyworld.com/rea/news/article/2014/07/german-utilities-paid-to-stabilize-grid-due-to-increased-wind-and-solar?cmpid=rss

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