16 September '10
12:02 PM UTC
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  Solar

Solar Millennium Wins Approval for 1,000 MW Plant in California

to build a 1,000-megawatt solar thermal plant, which the company claims will be the world’s largest. The stock of Erlangen, Germany-based parent company Solar Millennium AG stock shot up more than 21 percent on the Frankfurt exchange on news of the California Energy Commission’s decision on Wednesday.

The Blythe, Calif., facility – which is actually four 250 MW plants – still requires approval from the US Bureau of Land Management (BLM) but the decision is expected in a few weeks construction is slated to begin before year’s end. Read More »

16 March '10
11:16 AM UTC
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  Solar

Bill Gross, Solar Revolutionary: “We Really Need A Capital Influx Into Renewable Energy!” [VIDEO]

Serial entrepreneur Bill Gross recently spoke with Henry Blodget, executive editor of the Business Insider, about one of his renewable energy venture, eSolar, the innovative developer of concentrated solar thermal power technology.

Gross says solar thermal technology is close to becoming price competitive with old, carbon energy. One challenge faced by his industry, he explains, is access to project finance capital. Read More »

20 February '10
9:01 AM UTC
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Uncategorized

This Week in Green Energy: China Green Comes to Texas

Will U.S. power consumers ever rely on Chinese green power for their electricity? This notion, that just a few years ago seemed far fetched, will likely become a reality.  On Tuesday, Chinese wind turbine maker A-Power Energy Generation Systems received Chinese regulatory approval to proceed with a 600 megawatts, $1.5 billion wind farm to be constructed in Texas. The greenlight by the Chinese National Development and Reform Commission is a crucial hurdle to pass and will allow the project developers to, among other things, start approaching banks for financing. Read More »

19 February '10
7:59 AM UTC
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  Solar

Bill Gross’s eSolar Teams Up With Germany’s Ferrostaal to Develop Consentrated Solar Power Plants

eSolar, a developer of concentrated solar thermal power technology, and Germany’s Ferrostaal are planning to jointly develop CSP power plants across the global sunbelt, including Spain, the United Arab Emirates, and South Africa. Read More »