Big Chinese state owned companies are gobbling up financially strained Western solar firms as a massive overcapacity in global solar panel supply (caused by their brethren) drives them to bankruptcy. Note thin film startups like Ascent Solar, Heliovolt have already seen Asian companies taking a controlling equity stake. Now Chinese state owned companies which do […]
The QE Infinity program of Quantitative Easing launched by the US Federal Reserve has left even the most cynical Fed watcher shocked by the quantum of easing that the US Fed has unleashed. Here are some of the intelligent reactions to the QE by the Fed from some of the most astute market analysts. Rosenbergy […]
Quantitative Easing by USA The US Federal Bank announced to unlimited Quantitative Easing at the rate of $40 billion a month, surprising the market which at the most was expecting a one time QE3. This sent the prices of all risk on assets, rocketing higher. While even the Indian stocks joined the rally, the long […]
US Solar Panel Industry The massive global oversupply of solar panels has led to solar panel prices plummeting to new depths. This has already led to bankruptcies of numerous solar companies around the world with some of them being erstwhile global leaders. The carnage has not stopped as even small solar companies serving niche markets […]
Exelon from Wind to Solar Exelon which is the owner of the biggest portfolio of nuclear power plants in the US has been kicked out of the powerful wind industry association AWEA. The primary reason is that Exelon has opposed the extension of the 30% wind tax credit given to the wind industry. Note wind […]
The Transmission Line will give a huge boost to Offshore WInd Energy in the United States.The Government has estimated a 4000 GW Offshore Wind Potential which is almost 4 times bigger than the current 1000 GW Electricity Generating Capacity . However note the load factors for wind is usually 1/4th to 1/3rd that of normal Fossil Fuel Energy so it would be incorrect to say that Offshore Wind could generate 4 times the current US Electricity like some websites are doing.However this is not to takeaway from the fact that this will help wind energy and green jobs considerably.US is seriously lagging behind countries like China and South Korea in the upcoming Green Industry.Lack of US Climate Legislation and indifferent individuals and companies are creating massive roadblocks in Climate Mitigation.Tranmission Costs are a big hurdle for Offshore as well as Onshore Wind Energy.Note the bigger the consumer area for Renewable Energy the less the adverse affects of intermittency.The Tres Amigas Transmission SuperHub is another example of Private Initiative in the Electricity Transmission Area.While the dollar benefits to the investing companies might be uncertain,the Green Benefits of this move are immense.The US Electricity Regulator has already given a thumbs up and the US Administration also seems very supportive recently approving the Cape Wind Offshore Wind Farm in Federal Waters in Nanutech Sound.