The Desertec Initiative is the Biggest Green Energy Project ever conceived with a vast scale and an ambitious vision.However Desertec falls short on many parameters which are described above for it to ever reach fruition.While small scale versions of this Concept can be implemented like that by Solar Millennium in Egypt,the massive energy framework conceived by Desertec is not feasible.The Huge Subsidies and High Costs make it uneconomical despite its Clean Energy Promise.

Siemens is one of the largest conglomerates in the world with a huge Green Division.This German Giant is present in almost all sectors of the upcoming Green Industry.Siemens is a Top 10 World Supplier¬† of Wind Turbines and has recently upped its investment into Solar Thermal Technology through the acquisition of pioneering CSP company Soleil […]

Applied Materials which was the 800 lb Gorilla in the a-Si Thin Film Equipment raking in Billions of Dollars in Orders from established Solar Leaders like Q-Cells and Suntech also found itself in trouble.With its SunFab Division leading Millions of Dollars and fast losing its economic viability,AMAT was forced to conduct Euthanisia.Its customers like SunFilm,Moser Baer,Suntech also have pretty much shut down their factories writing off large investments.However Oerlikon is not giving up like AMAT

Germany is planning to extend the life of the nuclear reactors that are supposed to close in 2022 by an average of 12 years.Note extension will results in windfall profits for Germany Big 4¬† utilities which will be offset by Euro 2.3 Billion in Taxes for the next 6 years and a commitment for funding […]

Polysilicon Demand has been skyrocketing in the recent years due to Exponential Growth of the Crystalline Silicon Solar Cells.This made Elkem decide on building a 5000 ton solar specific plant in Norway through a new cheaper process of refining Silicon called Metallurgical Silicon.However the 2008 GFC and poly Oversupply has made this process suspect as $400/kg poly prices went crashing down by 90%.Timminico,a Canadian Producer which was in the process of setting up a giant mg-Si plant has almost collapsed as orders for this less refined Polysilicon Form dried up.

This Program will try to avoid the disadvantages of Feed in Tariff Schemes as it will introduce a Market Based Element into the Tariffs.However this project is still at a preliminary stage and will need a lot of fine tuning.Note similar scheme have been implemented in China and India as well.The Chinese 280 MW of Projects have seen cuthroat competition with loss making bids by State Owned Utilities.It remains to be seen whether California can make a success of this RAM Program where China has failed.Even India has reported a huge response for the JNNSM First Phase of PV Projects.The Success of this California program will be crucial as it might serve as a template for future programs by other states and the Federal Government.