Posts tagged “Solar”
The Wake Forest utility and energy technology firm pays $4 million, sets up a new subsidiary called Southern Energy Management PowerSecure in which it holds a 90 percent controlling interest.
In a new paper, a team at the Research Triangle Solar Fuels Institute examine four means of utilizing solar energy to generate power. But they also concede that there currently is "no suitable renewable substitute for oil."
The startup company's leading-edge solar technology "could soon make electricity cheaply enough to compete with power plants fueled by coal and natural gas," says the Massachusetts Institute for Technology in its annual "most important technology milestones" list.
The City has leased space on the roof of the massive downtown structure for the construction of solar panels by private firms. They in turn will sell power to Progress Energy.
The Durham-based firm secures more money from In-Q-Tel and a new investor. Duke Energy Renewables executive is also is named to the firm's board.
"Buffett's investment shows that solar has come of age," a Wall Street analyst says. The end of the grant program "takes away some of the incentive but there will still be viable large scale solar plants."
The search giant's "green energy czar" has already left the company. "At this point, other institutions are better positioned than Google to take this research to the next level," a Google exec writes in a blog.
The search giant will provide $75 million to build 3,000 residential solar electricity systems across the country. Google will own the panels, and get paid over time by customers who purchase the electricity the panels produce.
The secret sauce at Semprius draws more money from the "Wizards of Langley" venture arm as well as Siemens and Durham-based Intersouth in its latest $20 million capital fund raiser. So what can the CIA do with advanced solar power?
The Durham-based company, which recently sold a 16-percent interest to Siemens Energy, discloses the funding in a regulatory filing. It's the latest in a streak of good news for the firm and its investors, which include Durham-based Intersouth Partners.
According to a new report from the NC Sustainable Energy Association, the state also is the site of more than 1,800 renewable energy system projects with nearly 3 megawatts of generating capacity. That's enough for more than 561,000 homes.
Opinion: If you're looking for answers to some our state's daunting problems, just look up. Solar power has the potential to create thousands of new jobs in North Carolina while delivering safe and affordable electricity.
An estimated crowd of 2,000 is expected each day with 2,500 or more expected for "Public Day" on Saturday when citizens can learn more how to utilize alternative energy themselves. Some 170 companies are participating.