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Energy independence, two words that evoke all sorts of questions: What’s "clean"? What’s safe? What’s cheap? What’s sustainable?
By Josh Sternberg
Big business behind solar power
Seeded on Thu Dec 29, 2011 2:36 PM EST
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Today’s Energy Solutions magazine reports that even General Electric, one of the nation’s most influential companies, has gotten into the solar game:
However, the most impressive addition to Colorado's portfolio will be the addition of the largest U.S. solar factory. In October, GE officials announced that the city of Aurora will be home to the $300 million solar factory. According to Vic Abate, vice president, renewable energy, GE, building of the factory will be without federal subsidies. Abate states that GE officials chose Aurora because of pre-existing facilities and its proximity to GE's test manufacturing line.
The factory, which will be bigger than 11 football fields, will have an annual capacity of 400MW, enough to supply electricity to approximately 80,000 homes.
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#2 - Thu Dec 29, 2011 2:43 PM ESTI agree the government shouldn't pick winners and losers. So some of their efforts will fail and others will succeed as the market plays out. That said, it is appropriate for the government to aid in the start up of a new industry to see if it can make it in the market. We need more Solyndras and others to get this industry up and running and able to compete against the wealth and power of the vested interests opposed to its competition.
#3 - Sat Dec 31, 2011 5:17 PM ESTYou're in Easy Mode. If you prefer, you can use XHTML Mode instead. |
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