Small-Scale Solar Comes to Light with Unique Financing

Monday, April 5th, 2010

MP2 Capital is a San Francisco firm that develops, finances and invests in distributed generation and small-scale utility solar projects throughout North America, selling the electricity produced by its projects to commercial, government and utility customers under power purchase agreements and feed-in tariffs.

Its latest project is a 445-kilowatt solar photovoltaic array in Winsted, Connecticut. MP2 Capital has entered into a power purchase agreement to sell all of the electricity generated to the Regional School District No. 7 for 20 years under a grant from the Connecticut Clean Energy Fund.

The system, which sits atop multiple rooftops of the school district, was built by groSolar and is composed of 1,937 photovoltaic panels from Canadian Solar. It is expected to produce approximately 492,000 kilowatt hours of clean solar electricity and save the school district $26,000 in energy costs during the first year of operation. Over the term of the agreement, the system is expected to produce approximately 9,380,000 kilowatt-hours to offset the school’s energy use.

Brad Bauer, co-founder and managing director of MP2  Capital, talked with CleanTechies about the project. (more…)

advertisement

Interview: A High-Tech Entrepreneur On the Front Lines of Solar

Wednesday, March 3rd, 2010

After making his fortune with Idealab and a host of technology start-ups, Bill Gross has turned his attention to renewable energy. In an interview with Yale Environment 360, Gross talks about the solar power plant technology his company eSolar is developing and about the future of solar.

Bill Gross is not your typical solar energy entrepreneur. In a business dominated by Silicon Valley technologists and veterans of the fossil fuel industry, Gross is a Southern Californian who made his name in software. His Idealab startup incubator led to the creation of companies such as eToys, CitySearch, and GoTo.com. The latter pioneered search advertising — think Google — and was acquired by Yahoo for $1.6 billion in 2003.

That payday has allowed Gross to pursue his green dreams. (As a teenager, he started a company to sell plans for a parabolic solar dish he had designed.) Over the past decade, Gross has launched a slew of green tech startups, including solar power plant builder eSolar, electric car company Aptera, and Energy Innovations, which is developing advanced photovoltaic technology. (more…)

Bloom Energy Claims Advance in Fuel Cell Technology

Thursday, February 25th, 2010

Bloom Energy has unveiled its long-awaited and much-hyped fuel cell technology, which it says can convert natural gas into electricity through an electrochemical process that reduces greenhouse gas emissions by 50 percent and at a price competitive with far-dirtier coal-fired electricity.

With California Gov. Arnold Schwarzenegger in attendance, Bloom co-founder and chief executive K.R. Sridhar unveiled his Bloom Energy Server at the Silicon Valley headquarters of one of its first customers, eBay.

Taking up no more room than a parking space and looking like a large refrigerator, the servers (at left) — which cost roughly $750,000 — convert natural gas or another fuel into electricity by creating an electrochemical process on a series of small, stacked disks.

(more…)

Lithium Battery Supply Could Outpace Demand

Thursday, February 25th, 2010

In advance of this fall’s launch of plug-in hybrid and electric vehicles, lithium ion battery manufacturers are breaking ground on manufacturing plants nearly every month.

Nearly $2 billion in stimulus funding has spurred the building of facilities in Michigan and Indiana that will start churning out battery packs by the end of the year, but the escalation in production has the potential to outstrip the demand for the batteries by as early as 2012.

As I said during yesterday’s interview on NPR’s “All Things Considered,” the battery companies have understandable but potentially misguided motivations to quickly ramp up production. For battery companies to receive the full amount of stimulus grants and loans, they must meet specified goals for production capacity.

(more…)

Ford Focuses on Battery, Engine Innovation and Trucks on Through

Monday, January 18th, 2010

Ford’s goal of electrifying its fleet appears to be running on all cylinders. The company is creating battery electric versions of both of its award winners –2009 Car (Focus) and Truck (Transit Connect Van).

Because energy storage will make or break the arrival of electric vehicles, Ford has joined GM in bringing the battery pack assembly and management under its tent.

Ford is investing nearly $1 billion in manufacturing facilities in Michigan that will include hybrid, battery-electric and plug-in vehicles as well as the lithium ion battery packs. Ford manager of global electrified fleets Greg Frenette explained that “there’s a strong tie-in marrying battery control…. to the rest of propulsion, and we’re in the best position to manage that.”

(more…)

Panasonic Working on Energy Storage Solution towards Zero-Emission Homes

Thursday, January 7th, 2010

pana_batteryBy now, you’ve probably had your fill of 2010 prediction lists about cleantech and renewable energy, but no such list was worth its bytes if it didn’t mention energy storage. The absence of scalable energy storage solutions is the Achilles’ heel of renewable energy generated from intermittent sources, such as sun and wind. But when it said late last month that it hopes to start selling a lithium-ion storage cell for home use around fiscal 2011, electronics giant Panasonic signaled that it could be filling that energy storage void.

Details about the battery are sketchy, at best. Panasonic’s president Fumio Otsubo told the Japanese newspaper The Yomiuri Shimbun about the planned product but didn’t mention how large the energy storage system would be, or how much it would cost. He did say the device would be able to store a week’s worth of power for a single home—which sounds impressive but is a poor metric, since the amount of energy a single family home consumes in one week can vary drastically from block to block and from city to city. Still, storing a week’s worth of energy for even a small home with relatively low energy needs would be a major accomplishment. (more…)

Mission Motors Racing New Electric Motorcycle Against Time

Tuesday, December 22nd, 2009

Mission One“Absolutely awesome!” is how Jit Bhattacharya the COO of Mission Motors based in San Francisco, CA described a recent test run of their Mission One electric motorcycle. With Tesla already proving that an electric sports car can outperform its gas-powered predecessors, Mission Motors is seeking to show that electric motorcycles are every bit as capable at high-performance endeavors as their four wheeled counterparts.

(more…)

Automotive Battery Makers to Benefit From Smart Grid

Wednesday, December 9th, 2009

Driving to work and flipping on a light switch may seem to unrelated activities, but very soon lithium ion batteries will assist in making both possible.

The nascent electric vehicle market is likely to standardize on lithium ion batteries. Today the cost of plug-in and all-electric vehicles is too high for many consumers thanks to batteries, which can add $10,000 or more to the price tag. The cost of batteries is only expected to come down after battery cells and packs are produced in sufficient volume to achieve economies of scale.

(more…)

Chevrolet Volt — Keep Your Plug-In Hybrid Out Of The Sun!

Wednesday, November 18th, 2009

Just as your mileage varies by where and how you drive, so might the performance of the Chevrolet Volt plug-in hybrid’s batteries.

The batteries in the GM vehicle due out in a year (November 2010) will have at least 10 years of life, according to company representatives who briefed the media on Tuesday. But vehicle owners who live in temperate climates are likely to see their batteries last much longer.

(more…)

Swiss Zinc-Air Batteries Store Three Times the Energy of Lithium Ions

Monday, November 2nd, 2009

ReVolt rechargeable zinc-air battery layersA Swiss company has introduced a rechargeable zinc-air battery that has three times the storage of lithium ion batteries and costs only half as much.

ReVolt plans to commercialize a small version of the battery for use in hearing aids by next year, and then continue introducing larger versions, including batteries for cellphones and electric bicycles — and, perhaps eventually, electric cars.

The technology is based on a battery designed by the Norwegian research institute SINTEF.

(more…)

 
Vote Solar
Cleantech Law Partners
GRID Alternatives
      Home  |  About  |  Subscriptions  |  Advertise  |  Press  |  Affiliate  |  Contact  |  Terms of Use  |  Privacy Policy  |  Sitemap
      Copyright © 2008-2011 CleanTechies, Inc. - All rights reserved
Time needed to produce page: 1.427