Are You Ready for Free Energy?

Monday, April 19th, 2010

San Francisco Building - Power Plant of the Future (Tony Seba)Want to lower your utility bills or even get energy for free? Companies like Dow Chemical are developing solar shingles and other innovative technologies to turn your home into a personal power plant. Energy will be essentially free.

Three decades ago information was expensive and scarce. Data processing was autocratic, monolithic, and centralized. There were big mainframe computers ‘out there’ and ‘dumb’ users here. The personal computer, the internet, and mobile telephones changed all that.

Today information is essentially free.

Scarce data turned into the Internet torrent and now data is so abundant that the first company who helped us intelligently filter this onslaught of information became the most successful company of the last decade: Google. Today information technology is distributed, grid-independent, and scalable. Now billions of people with a mobile phone, personal computer, and internet connection can generate, store, process, and publish data. The basic architecture of information technology changed.

Energy is where data was three decades ago.

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HelioFocus Raises $10M From China’s Sanhua and IC Green Energy

Monday, January 11th, 2010

HelioFocus Ltd., an Israel-based solar thermal systems start-up, has raised more than $10 million from China’s Zhejiang Sanhua Co. and existing investor IC Green Energy.

HelioFocus announced the investment last week at the Weizmann Institute of Science in Rehovot, Israel, where HelioFocus is developing its solar thermal technology to boost electricity production of existing power plants.

HelioFocus CEO Ory Zik said Sanhua, the Chinese maker of appliance components whose stock is traded on the Shenzhen stock exchange, would be not just a financial investor in the company, but will also produce some solar thermal components.

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Duke Energy Resolves Clean Air Act Violations

Wednesday, December 23rd, 2009

dukeThe US EPA and Duke Energy have reached a settlement in another New Source Review enforcement action.

Duke Energy, one of the largest electric power companies in the nation, will spend approximately $85 million to significantly reduce harmful air pollution at an Indiana power plant and pay a $1.75 million civil penalty, under a settlement to resolve violations of federal clean air laws, the Justice Department and the U.S. Environmental Protection Agency (EPA) announced today. The settlement also requires Duke to spend $6.25 million on environmental mitigation projects.

The agreement, filed in federal court in Indianapolis, resolves violations of the Clean Air Act’s new source review requirements found at the company’s Gallagher coal-fired power plant in New Albany, Ind., located directly across the Ohio River from Louisville, Ky. (more…)

China and First Solar Sign Accord for Major Solar Plant

Thursday, September 10th, 2009

First Solar LogoU.S.-based First Solar has signed an agreement with the Chinese government to build the world’s largest photovoltaic power plant in Inner Mongolia. By 2019, the plant is expected to produce 2,000 megawatts of electricity, which the company said would be sufficient to power three million Chinese homes.

The deal for the 16,000-acre plant, to be located in Ordos City, solidifies China’s position as the global leader in developing renewable energy, and further boosts the prospects of First Solar, the world’s largest photovoltaic cell manufacturer.

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