Tag Archives: Google

SolarCity gets big investment from Google

Google invests megabucks in SolarCity, the California company that handles all financing of solar panels and provides them to the customer with no money down and a reasonable monthly payment.

Steve Hargreaves wrote in CNNMoneyTech 14 June 2011, Google invests $280 million in SolarCity

Google and rooftop solar power company SolarCity announced a $280 million investment deal Tuesday, the largest such deal for home-based solar power systems in the United States.

The investment will give San Mateo, Calif-based SolarCity the funding to build and lease solar power systems to a 7,000 to 9,000 homeowners in the 10 states where it operates.

Founded five years ago, SolarCity has 15,000 solar projects around the nation completed or under way. Customers who wish to have the company’s solar system installed at their home can pay for it outright, but most choose instead to let SolarCity retain ownership of the equipment and rent back the use of it through monthly solar lease payments.

Another financing method is Solar Mosaic, where people pool their money to buy shares in a solar installation.

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PS: This post owed to M.J. Kuntz.

Energy reliability: let’s do the study for Georgia

Which energy source is really more reliable? Nuclear, coal, or wind, water, and sun?

As Plant Vogtle and others have just demonstrated, nuclear power isn’t as reliable as we might have thought. Mark Z. Jacobson says we can generate reliable power from wind, water, and sunlight alone. Will that work in Georgia?

Elsevier’s policy of charging for peer-reviewed articles from scientific journals is controversial, and some people find $19.95 prohibitive to access Mark Z. Jacobson and Mark A. Delucchi’s Providing all global energy with wind, water, and solar power, Part I: Technologies, energy resources, quantities and areas of infrastructure, and materials from Energy Policy Volume 39, Issue 3, March 2011, Pages 1154-1169. Fortunately, the same authors wrote an earlier version for Scientific American, 26 October 2009, A Plan to Power 100 Percent of the Planet with Renewables: Wind, water and solar technologies can provide 100 percent of the world’s energy, eliminating all fossil fuels. Here’s how

A new infrastructure must provide energy on demand at least as reliably as the existing infrastructure. WWS technologies generally suffer less downtime than traditional sources. The average U.S. coal plant is offline 12.5 percent of the year for scheduled and unscheduled maintenance. Modern wind turbines have a down time of less than 2 percent on land and less than 5 percent at sea. Photovoltaic systems are also at less than 2 percent. Moreover, when an individual wind, solar or wave device is down, only a small fraction of production is affected; when a coal, nuclear or natural gas plant goes offline, a large chunk of generation is lost.
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Wind + Google = Atlantic Wind Connection

Susan Kraemer writes in Clean Technica about Google Builds First US Off-Shore Superhighway for Clean Energy:
Some very exciting news for US clean energy today. Google announced on their blog last night that they will invest in building 350 miles of transmission off the Atlantic coast from New Jersey to Virginia to tap into a gigantic off-shore wind potential that has only just been opened up this year with the first-ever US approval of an off-shore wind farm, by the Obama administration.

The new transmission cables, a superhighway for clean energy, will enable the connection of up to 6,000 MW of offshore wind turbines. That’s equivalent to 60% of the wind energy that was installed in the entire country last year and enough to serve approximately 1.9 million households.

Putting this system in place removes the major barrier: the lack of infrastructure, and should – with a friendly administration, jump-start off-shore wind in this country.

Doesn’t the Georgia Bight (coast of Florida, Georgia, SC, and NC, aka the South Atlantic Bight) have similar wind potential? Maybe somebody should start building a wind farm off of Savannah and invite google to fund transmission lines from there, too.

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