This Week In Green Energy: When Solar and Nuclear Meet
In a cash-constrained world, this week’s acquisition of solar developer Ausra by Areva (the French government-backed maker of nuclear reactors) makes sense. We could see similar deals as small clean energy companies with big ideas and small balance sheets turn to large companies with stronger balance sheets.
Over the past decade, Areva, led by CEO Anne Lauvergeon, evolved from a secretive, tightly controlled government agency to a corporate-like entity. Areva’s alternative energy unit already manufactures wind turbines and is also involved in biomass generation, but the Ausra acquisition marks the company’s first solar investment. Read More »
