Renewable Energy Revolution – Solar Energy
Solar Power, Solar Energy is not new to many go us. It has been around for long years. The major difference is that it is no more a dream or scientist wish, it is reality here and elsewhere.
In reality, solar energy is a huge and robust business these days. What started as a niche market is fast becoming into a worldwide industry. Manufacturers are hardly keeping up with demand as homeowners and corporations alike are beginning to realize the drastic effect that electricity produced in-house can have on the bottom line.
California law already requires investor-owned utilities to generate 20% of their electricity renewably by 2010 and 33% by 2017. This has created a solid market for many renewable technologies, but especially for solar thermal energy, or concentrating solar power (CSP).
So robust, in fact that Arizona utility company APS plan to build the APS Solana Generating Station, a 280-megawatt (MW) concentrating solar power (CSP) plant which will be built 70 miles southwest of Phoenix, near Gila Bend, Arizona. The plant will be located on the northwest corner of Interstate 8 (I-8) and Painted Rock Dam road. It mayl supply electric power to 70,000 houses.
In addition, that the giant Florida utility FPL Group (NYSE: FPL) has plans to build a $1 billion, 250-megawatt solar power plant in the Mojave Desert. According to the experts, the concentrating solar market could be worth up to $200 billion by 2020.
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Grade A stuff. Excellent article!!!