Ministry of New & Renewable Energy through the Centre for Wind Energy Technology has taken up a wind resource assessment programme to assess wind power potential in the country including Uttarakhand. As a result of this exercise, 233 wind potential locations have been identified so far.
Regarding solar energy, the daily average solar radiation varies from 4-7 kwh per sq. met. depending upon the location in the country. However, no specific assessment study has been done for hilly regions so far.
The cost of electricity per unit from solar energy is quite high as compared to conventional sources. As per the Central Electricity Regulatory Commission, the tariff for 2010-11 for Solar Photovoltaics Power Projects is Rs. 17.91 per unit and that for Solar thermal projects is Rs. 15.31 per unit. The cost of generation of electricity from wind power projects varies from Rs. 2.75 to Rs. 3.50 per unit depending upon site, capital cost, debt-equity ratio, and interest rate etc.
Government is promoting commercial grid connected wind power projects through private sector investment in wind potential states by providing fiscal incentives, loan from Indian Renewable Energy Development Agency (IREDA) and other financial institutions. Technical support including detailed wind resource assessment to identify further potential sites, is provided by the Centre for Wind Energy Technology (C-WET), Chennai. This apart, preferential tariff is being provided to increase wind energy investment in the potential States. Government has recently announced a generation based incentive (GBI) under which Rs. 0.50 per unit generated from wind power projects is provided to the projects which do not avail accelerated depreciation benefit.
The Government has recently announced Jawaharlal Nehru National Solar Mission which provides a policy framework to support promotion and development of grid connected solar power projects and also off-grid solar applications across the country including hilly regions.
This information was given by Union Minister for New and Renewable Energy, Dr. Farooq Abdullah in a written reply in Lok Sabha today.
RJ/SKK
Saturday, August 7, 2010
Friday, August 6, 2010
BlueChip Energy Ties Floridians to the Grid
BlueChip Energy (BCE), a provider of complete solar energy solutions for residential, commercial, government and utility applications, today announced the introduction of a grid-tied solar energy system with battery back-up power.
The system includes a grid interactive inverter, an Outback Power charge controller, and batteries that are engineered to provide reliable power to Florida residences. The system can provide homeowners with power in the most challenging of environments. Being a grid interactive system, homeowners have the ability to return excess power back to the utility while still having the freedom to use solar power in the event of a power outage.
In Florida, where power can be interrupted by weather, solar panels will convert sunlight into electricity as usual, but will also top off the batteries each day. When utility power goes out, the batteries provide electricity to priority circuits, allowing uninterrupted operation of important loads from four to 12 hours. During the day, batteries are recharged to power a home or office as long as the outage continues.
“Solar-powered battery backups provide an extremely reliable system for keeping the lights and key appliances on - even when the utility power fails. Unlike traditional backup systems that use propane or natural gas, these batteries are powered entirely with clean energy from the sun.” said Lawrence Hefler, spokesman for the company.
BCE’s most popular solar energy system among homeowners is the Fusion 5kW Solar Generator which can generate up to 5000 watts of solar electricity and offset the electric bill for a typical area home by an average of $125 a month. To accommodate the growth in residential and commercial inquiries and installations, the company is actively hiring additional solar energy specialists, business developers, electricians, and solar installers. In June, the company announced a record number of solar installations for the first half of the year.
BlueChip Energy, LLC (bluechipenergy.org) is an alternative energy utility provider delivering turnkey, predictably-priced, renewable energy services for residential, commercial, government, and utility customers. BCE develops, finances, constructs, operates, and monitors solar plants. BCE is a licensed provider of renewable solar energy as a qualifying power production facility of 80 MW, with the right to sell electricity to a utility company.
The system includes a grid interactive inverter, an Outback Power charge controller, and batteries that are engineered to provide reliable power to Florida residences. The system can provide homeowners with power in the most challenging of environments. Being a grid interactive system, homeowners have the ability to return excess power back to the utility while still having the freedom to use solar power in the event of a power outage.
In Florida, where power can be interrupted by weather, solar panels will convert sunlight into electricity as usual, but will also top off the batteries each day. When utility power goes out, the batteries provide electricity to priority circuits, allowing uninterrupted operation of important loads from four to 12 hours. During the day, batteries are recharged to power a home or office as long as the outage continues.
“Solar-powered battery backups provide an extremely reliable system for keeping the lights and key appliances on - even when the utility power fails. Unlike traditional backup systems that use propane or natural gas, these batteries are powered entirely with clean energy from the sun.” said Lawrence Hefler, spokesman for the company.
BCE’s most popular solar energy system among homeowners is the Fusion 5kW Solar Generator which can generate up to 5000 watts of solar electricity and offset the electric bill for a typical area home by an average of $125 a month. To accommodate the growth in residential and commercial inquiries and installations, the company is actively hiring additional solar energy specialists, business developers, electricians, and solar installers. In June, the company announced a record number of solar installations for the first half of the year.
BlueChip Energy, LLC (bluechipenergy.org) is an alternative energy utility provider delivering turnkey, predictably-priced, renewable energy services for residential, commercial, government, and utility customers. BCE develops, finances, constructs, operates, and monitors solar plants. BCE is a licensed provider of renewable solar energy as a qualifying power production facility of 80 MW, with the right to sell electricity to a utility company.
Thursday, August 5, 2010
California Commission Recommends Approval for Mojave Desert Plant
August 04, 2010 4:27 PM
A California Energy Commission committee is recommending approval of BrightSource Energy’s 392 megawatt Ivanpah Solar Electric Generating System near the California-Nevada border.
The siting committee, which oversees the permitting process, decided Tuesday that despite the project’s negative environmental impacts, its benefits outweigh those impacts. The public has 30 days to comment on the committee’s decision before the entire California Energy Commission makes its final decision.
If approved by the Commission, the project would start construction in the fall of 2010.
BrightSource Energy, Inc. would develop three solar thermal power plants and shared facilities near Ivanpah Dry Lake in San Bernardino County, California on public land managed by the federal Bureau of Land Management in the Mojave Desert. The proposed project would be constructed in three phases: one 120-megawatt (MW) phase and two 125-MW phases and is based on distributed power tower and heliostat mirror technology, in which heliostat (mirror) fields focus solar energy on power tower receivers near the center of each heliostat array to generate steam-driven electricity.
A California Energy Commission committee is recommending approval of BrightSource Energy’s 392 megawatt Ivanpah Solar Electric Generating System near the California-Nevada border.
The siting committee, which oversees the permitting process, decided Tuesday that despite the project’s negative environmental impacts, its benefits outweigh those impacts. The public has 30 days to comment on the committee’s decision before the entire California Energy Commission makes its final decision.
If approved by the Commission, the project would start construction in the fall of 2010.
BrightSource Energy, Inc. would develop three solar thermal power plants and shared facilities near Ivanpah Dry Lake in San Bernardino County, California on public land managed by the federal Bureau of Land Management in the Mojave Desert. The proposed project would be constructed in three phases: one 120-megawatt (MW) phase and two 125-MW phases and is based on distributed power tower and heliostat mirror technology, in which heliostat (mirror) fields focus solar energy on power tower receivers near the center of each heliostat array to generate steam-driven electricity.
Wednesday, August 4, 2010
US Scientists Make Another Solar Advance
PALO ALTO, Calif., Aug. 2 (UPI) -- Scientists say a new process utilizing both the light and heat of solar radiation could double the efficiency of electricity-generating solar panels.
Stanford University researchers say the technology, called "photon enhanced thermionic emission," could lower the costs of solar energy production to the point where it is competitive with oil as an energy source, a university release said Monday.
Unlike current solar panels, which become less efficient as temperatures rise, panels using the PETE process excel at higher temperatures, the release said.
"This is really a conceptual breakthrough, a new energy conversion process, not just a new material or a slightly different tweak," Stanford Professor Nick Melosh said. "It is actually something fundamentally different about how you can harvest energy."
Such devices could be made with cheap and easily available materials, the release said.
Melosh's team found that coating a piece of semiconducting material with a thin layer of the metal cesium produced a material able to use both light and heat to generate electricity.
"The PETE process could really give the feasibility of solar power a big boost," Melosh said. "Even if we don't achieve perfect efficiency, let's say we give a 10 percent boost to the efficiency of solar conversion, going from 20 percent efficiency to 30 percent -- that is still a 50 percent increase overall."
Stanford University researchers say the technology, called "photon enhanced thermionic emission," could lower the costs of solar energy production to the point where it is competitive with oil as an energy source, a university release said Monday.
Unlike current solar panels, which become less efficient as temperatures rise, panels using the PETE process excel at higher temperatures, the release said.
"This is really a conceptual breakthrough, a new energy conversion process, not just a new material or a slightly different tweak," Stanford Professor Nick Melosh said. "It is actually something fundamentally different about how you can harvest energy."
Such devices could be made with cheap and easily available materials, the release said.
Melosh's team found that coating a piece of semiconducting material with a thin layer of the metal cesium produced a material able to use both light and heat to generate electricity.
"The PETE process could really give the feasibility of solar power a big boost," Melosh said. "Even if we don't achieve perfect efficiency, let's say we give a 10 percent boost to the efficiency of solar conversion, going from 20 percent efficiency to 30 percent -- that is still a 50 percent increase overall."
Tuesday, August 3, 2010
Solar Power Moves in the Financial Sector
Shares of the following companies had unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 4 p.m. in New York.
Acme Packet Inc. (APKT US) fell 13 percent, the most since December 2008, to $28.26. The maker of devices to transmit phone calls and video posted second-quarter sales of $53.3 million, in line with analyst estimates in a Bloomberg survey.
Alcatel-Lucent SA (ALU US) increased 15 percent, the most since March 2009, to $2.98. France’s biggest telecommunications equipment maker confirmed its full-year adjusted operating margin target and posted a second-quarter operating profit.
Alcatel-Lucent’s multiyear backhaul deal with AT&T Inc. (T US) could have a “material” impact on Tellabs Inc. (TLAB US), JPMorgan Chase & Co. said.
Tellabs fell 5.6 percent to $6.98.
BioScrip Inc. (BIOS US) sank the most since May 2002, dropping 32 percent to $4.25. The Elmsford, New York-based pharmacy-benefits manager posted second-quarter profit of 7 cents a share excluding some items. Analysts estimated 9 cents on average in a Bloomberg survey.
Chiquita Brands International Inc. (CQB US) climbed 11 percent, the most since Aug. 7, to $14.68. The seller of bananas and other produce reported second-quarter profit excluding some items of $1.40 a share, beating the average analyst estimate by 28 percent, according to Bloomberg data.
Coinstar Inc. (CSTR US) dropped 5.4 percent to $45.50, the biggest decline since June 7. The owner of Redbox movie-rental kiosks said it expects to earn 52 cents a share at most from continuing operations in the third quarter. Analysts, on average, estimated profit of 61 cents, according to a Bloomberg survey.
Conexant Systems Inc. (CNXT US) fell 4.2 percent to $2.06, the lowest price since July 6. The maker of chips for smart phones forecast fourth-quarter core profit of no more than 5 cents a share, compared with the average analyst estimate of 7 cents in a Bloomberg poll.
Constant Contact Inc. (CTCT US) slumped 8.2 percent, the most since April 2009, to $19.49. The seller of e-mail marketing products and online surveys forecast third-quarter profit of 14 cents to 15 cents a share excluding some items. Analysts expect 16 cents on average, according to Bloomberg data.
Expedia Inc. (EXPE US) climbed 7.6 percent, the most in a year, to $22.68. The biggest Internet travel agency reported second-quarter profit excluding some items of 44 cents a share, topping the average analyst estimate by 5.3 percent, according to Bloomberg data.
First Solar Inc. (FSLR US) retreated 7.4 percent, the most since May 6, to $125.45. The world’s biggest maker of solar power modules said second-quarter profit fell as panels were held for use on its own projects, reducing sales to customers, and as the euro declined against the dollar.
Gen-Probe Inc. (GPRO US) rose 6.1 percent, the most since March 2009, to $44.97. The diagnostics test company reported second-quarter earnings excluding some items of 52 cents a share, 5.9 percent more than the average analyst estimate.
Genworth Financial Inc. (GNW US) slumped 14 percent, the most since May 2009, to $13.58. The mortgage guarantor and life insurer is being subpoenaed by New York Attorney General Andrew Cuomo as the state widens a life-insurance fraud probe, said a person briefed on the demands.
Geron Corp. (GERN US) jumped 17 percent, the most since May 2009, to $5.63. The Menlo-Park, California-based biopharmaceutical company said the U.S. Food and Drug Administration lifted a hold it had placed on Geron’s Phase 1 human clinical trial of embryonic stem cell therapy.
Harmonic Inc. (HLIT US) rallied 17 percent, the most since October 2006, to $6.97. The provider of video-delivery systems said it expects sales of at least $95 million in the third quarter. That topped the average analyst estimate of $93.8 million in a Bloomberg survey.
ITT Corp. (ITT US) dropped 5.6 percent, the most since Oct. 30, to $47.12. The maker of military night vision goggles reduced its sales forecast, projecting a 2 percent increase this year.
LodgeNet Interactive Corp. (LNET US) fell 18 percent, the most since June 2009, to $3.60. The provider of television and Internet access for the hotel industry forecast third-quarter sales of $116 million to $120 million, compared with the average analyst estimate of $120.5 million, according to a Bloomberg survey.
Louisiana-Pacific Corp. (LPX US) sank 9 percent to $7.28, for its biggest decline since June 21. The world’s largest maker of pressed-wood panels posted second-quarter profit of 17 cents a share excluding some items compared with the average of 19 cents analysts expected in a Bloomberg survey.
McAfee Inc. (MFE US) gained 9.4 percent, the most since October 2008, to $33.10. The second biggest maker of security software reported second-quarter profit that topped analysts’ estimates and said it agreed to buy Tencube, a provider of the WaveSecure mobile security service.
Merck & Co. (MRK US) had the second-biggest decline in the Dow Jones Industrial Average, losing 1.7 percent to $34.46. The second-largest U.S. drugmaker reported second-quarter revenue of $11.35 billion, trailing the average analyst estimate of $11.42 billion in a Bloomberg survey.
MEMC Electronic Materials Inc. (WFR US) sank 15 percent to $9.56 for the biggest loss in the Standard & Poor’s 500 Index. The maker of silicon wafers for solar modules and semiconductors reported second-quarter profit excluding some items of 2 cents a share, trailing the average analyst estimate by 77 percent, according to Bloomberg data.
Micron Technology Inc. (MU US) fell 6.4 percent to $7.28, the lowest price since Nov. 20. Chief Executive Officer Steve Appleton sold 103,385 shares in the biggest U.S. maker of computer-memory chips this week, according to regulatory filings.
Network Equipment Technologies Inc. (NWK US) slid 17 percent, the most since Oct. 22, to $3.12. The maker of communication equipment posted a second-quarter loss of 23 cents a share excluding some items, compared with the 8 cent loss Needham & Co. Inc. analyst Greg Mesniaeff estimated in a Bloomberg survey.
NutriSystem Inc. (NTRI US) dropped 12 percent, the most since March 2, to $19.56. The provider of prepared meals to help clients lose weight forecast third-quarter earnings of 26 cents a share. That’s lower than the 34-cent average of analyst estimates compiled by Bloomberg.
Power-One Inc. (PWER US) surged 25 percent to $12.43, the highest price since March 2004. The maker of power-conversion products for communications equipment reported second-quarter profit excluding some items of 18 cents a share, exceeding the average analyst estimate by 84 percent.
TeleCommunication Systems Inc. (TSYS US) slumped 17 percent to $3.59, the biggest retreat since September 2002. The maker of satellite systems posted second quarter earnings per share excluding some items that missed the average estimate of analysts in a Bloomberg survey by 47 percent.
TeleNav Inc. (TNAV US) fell the most since it went public in May, sliding 39 percent to $5.44. The provider of navigation and search services for mobile devices that had its initial public offering in May was cut to “neutral” from “overweight” at JPMorgan Chase & Co., which said contract roll-over negotiations with Sprint Nextel Corp. started early and probably will lead to a reduction in revenue.
Thoratec Corp. (THOR US) retreated 14 percent, the most since February 2006, to $36.78. The maker of implantable heart devices forecast full-year sales of $385 million at most, trailing the $399 million average estimate from analysts.
Volcom Inc. (VLCM US) plunged 15 percent, the most since October 2007, to $16.27. The skateboard-apparel maker said it broke even excluding some items in the second quarter, missing the average analyst estimate of a profit of 5 cents a share. The stock was cut to “hold” from “buy” at Needham & Co. Inc.
To contact the reporter on this story: Kelly Bit in New York at kbit@bloomberg.net
Acme Packet Inc. (APKT US) fell 13 percent, the most since December 2008, to $28.26. The maker of devices to transmit phone calls and video posted second-quarter sales of $53.3 million, in line with analyst estimates in a Bloomberg survey.
Alcatel-Lucent SA (ALU US) increased 15 percent, the most since March 2009, to $2.98. France’s biggest telecommunications equipment maker confirmed its full-year adjusted operating margin target and posted a second-quarter operating profit.
Alcatel-Lucent’s multiyear backhaul deal with AT&T Inc. (T US) could have a “material” impact on Tellabs Inc. (TLAB US), JPMorgan Chase & Co. said.
Tellabs fell 5.6 percent to $6.98.
BioScrip Inc. (BIOS US) sank the most since May 2002, dropping 32 percent to $4.25. The Elmsford, New York-based pharmacy-benefits manager posted second-quarter profit of 7 cents a share excluding some items. Analysts estimated 9 cents on average in a Bloomberg survey.
Chiquita Brands International Inc. (CQB US) climbed 11 percent, the most since Aug. 7, to $14.68. The seller of bananas and other produce reported second-quarter profit excluding some items of $1.40 a share, beating the average analyst estimate by 28 percent, according to Bloomberg data.
Coinstar Inc. (CSTR US) dropped 5.4 percent to $45.50, the biggest decline since June 7. The owner of Redbox movie-rental kiosks said it expects to earn 52 cents a share at most from continuing operations in the third quarter. Analysts, on average, estimated profit of 61 cents, according to a Bloomberg survey.
Conexant Systems Inc. (CNXT US) fell 4.2 percent to $2.06, the lowest price since July 6. The maker of chips for smart phones forecast fourth-quarter core profit of no more than 5 cents a share, compared with the average analyst estimate of 7 cents in a Bloomberg poll.
Constant Contact Inc. (CTCT US) slumped 8.2 percent, the most since April 2009, to $19.49. The seller of e-mail marketing products and online surveys forecast third-quarter profit of 14 cents to 15 cents a share excluding some items. Analysts expect 16 cents on average, according to Bloomberg data.
Expedia Inc. (EXPE US) climbed 7.6 percent, the most in a year, to $22.68. The biggest Internet travel agency reported second-quarter profit excluding some items of 44 cents a share, topping the average analyst estimate by 5.3 percent, according to Bloomberg data.
First Solar Inc. (FSLR US) retreated 7.4 percent, the most since May 6, to $125.45. The world’s biggest maker of solar power modules said second-quarter profit fell as panels were held for use on its own projects, reducing sales to customers, and as the euro declined against the dollar.
Gen-Probe Inc. (GPRO US) rose 6.1 percent, the most since March 2009, to $44.97. The diagnostics test company reported second-quarter earnings excluding some items of 52 cents a share, 5.9 percent more than the average analyst estimate.
Genworth Financial Inc. (GNW US) slumped 14 percent, the most since May 2009, to $13.58. The mortgage guarantor and life insurer is being subpoenaed by New York Attorney General Andrew Cuomo as the state widens a life-insurance fraud probe, said a person briefed on the demands.
Geron Corp. (GERN US) jumped 17 percent, the most since May 2009, to $5.63. The Menlo-Park, California-based biopharmaceutical company said the U.S. Food and Drug Administration lifted a hold it had placed on Geron’s Phase 1 human clinical trial of embryonic stem cell therapy.
Harmonic Inc. (HLIT US) rallied 17 percent, the most since October 2006, to $6.97. The provider of video-delivery systems said it expects sales of at least $95 million in the third quarter. That topped the average analyst estimate of $93.8 million in a Bloomberg survey.
ITT Corp. (ITT US) dropped 5.6 percent, the most since Oct. 30, to $47.12. The maker of military night vision goggles reduced its sales forecast, projecting a 2 percent increase this year.
LodgeNet Interactive Corp. (LNET US) fell 18 percent, the most since June 2009, to $3.60. The provider of television and Internet access for the hotel industry forecast third-quarter sales of $116 million to $120 million, compared with the average analyst estimate of $120.5 million, according to a Bloomberg survey.
Louisiana-Pacific Corp. (LPX US) sank 9 percent to $7.28, for its biggest decline since June 21. The world’s largest maker of pressed-wood panels posted second-quarter profit of 17 cents a share excluding some items compared with the average of 19 cents analysts expected in a Bloomberg survey.
McAfee Inc. (MFE US) gained 9.4 percent, the most since October 2008, to $33.10. The second biggest maker of security software reported second-quarter profit that topped analysts’ estimates and said it agreed to buy Tencube, a provider of the WaveSecure mobile security service.
Merck & Co. (MRK US) had the second-biggest decline in the Dow Jones Industrial Average, losing 1.7 percent to $34.46. The second-largest U.S. drugmaker reported second-quarter revenue of $11.35 billion, trailing the average analyst estimate of $11.42 billion in a Bloomberg survey.
MEMC Electronic Materials Inc. (WFR US) sank 15 percent to $9.56 for the biggest loss in the Standard & Poor’s 500 Index. The maker of silicon wafers for solar modules and semiconductors reported second-quarter profit excluding some items of 2 cents a share, trailing the average analyst estimate by 77 percent, according to Bloomberg data.
Micron Technology Inc. (MU US) fell 6.4 percent to $7.28, the lowest price since Nov. 20. Chief Executive Officer Steve Appleton sold 103,385 shares in the biggest U.S. maker of computer-memory chips this week, according to regulatory filings.
Network Equipment Technologies Inc. (NWK US) slid 17 percent, the most since Oct. 22, to $3.12. The maker of communication equipment posted a second-quarter loss of 23 cents a share excluding some items, compared with the 8 cent loss Needham & Co. Inc. analyst Greg Mesniaeff estimated in a Bloomberg survey.
NutriSystem Inc. (NTRI US) dropped 12 percent, the most since March 2, to $19.56. The provider of prepared meals to help clients lose weight forecast third-quarter earnings of 26 cents a share. That’s lower than the 34-cent average of analyst estimates compiled by Bloomberg.
Power-One Inc. (PWER US) surged 25 percent to $12.43, the highest price since March 2004. The maker of power-conversion products for communications equipment reported second-quarter profit excluding some items of 18 cents a share, exceeding the average analyst estimate by 84 percent.
TeleCommunication Systems Inc. (TSYS US) slumped 17 percent to $3.59, the biggest retreat since September 2002. The maker of satellite systems posted second quarter earnings per share excluding some items that missed the average estimate of analysts in a Bloomberg survey by 47 percent.
TeleNav Inc. (TNAV US) fell the most since it went public in May, sliding 39 percent to $5.44. The provider of navigation and search services for mobile devices that had its initial public offering in May was cut to “neutral” from “overweight” at JPMorgan Chase & Co., which said contract roll-over negotiations with Sprint Nextel Corp. started early and probably will lead to a reduction in revenue.
Thoratec Corp. (THOR US) retreated 14 percent, the most since February 2006, to $36.78. The maker of implantable heart devices forecast full-year sales of $385 million at most, trailing the $399 million average estimate from analysts.
Volcom Inc. (VLCM US) plunged 15 percent, the most since October 2007, to $16.27. The skateboard-apparel maker said it broke even excluding some items in the second quarter, missing the average analyst estimate of a profit of 5 cents a share. The stock was cut to “hold” from “buy” at Needham & Co. Inc.
To contact the reporter on this story: Kelly Bit in New York at kbit@bloomberg.net
Monday, August 2, 2010
Solar Panels for Pocono Speedway
POCONO, Pa.--(BUSINESS WIRE)--As the country begins to aggressively seek alternative energy sources, a significant new solar energy project is ready to flip the switch in what might be considered an unlikely place – a NASCAR racetrack in Long Pond, PA
Yet, considering the major sustainability programs being initiated throughout the NASCAR industry, the 3 megawatt ground-mount photovoltaic solar energy system at Pocono Raceway is completely in step with a sport taking major strides to preserve the environment.
The 25-acre solar installation, located adjacent to the 2.5-mile race track, is so large it’s visible from outer space. With its 40,000 photovoltaic modules drawing energy from the sun, it will become the primary electric energy source for the race track while adding electricity to the local power grid.
“This is an important milestone for Pocono Raceway and our sport,” said Brandon Igdalsky, President of Pocono Raceway. “Pocono Raceway strongly believes in the NASCAR industry’s commitment to operate in a more environmentally responsible way and is proud to be the first race track to power our sport with clean, renewable sunlight as the world’s largest solar-powered sports facility. This solar power system, built with timber, steel and solar panels made in the U.S., satisfies all our Raceway’s energy needs, while helping to power local homes. This project demonstrates real sustainability and proves that any business that truly wants to go green can do it.”
“NASCAR is committed to becoming a leader in environmental responsibility by reducing our impact and serving as a testing ground for innovative new approaches for sustainability,” said Brian France, Chairman and CEO of NASCAR. “This meaningful green project reflects the NASCAR industry’s collaborative approach to preserving the environment and highlights Pocono Raceway’s significant contribution as the first major U.S. sports venue to go green with 100% renewable energy. We encourage other tracks and sponsors to follow this lead in making sustainable programs and renewable energy a continued priority for the sport.”
The Pocono Raceway Solar Project, developed by enXco, and owned by Pocono Raceway, host of two annual NASCAR Sprint Cup Series summer events, is located along Long Pond Road adjacent to the storied raceway on land that previously served fan parking needs but is no longer used due to a reconfiguration of other parking lots on the property.
The installation consists of nearly 40,000 American made photovoltaic modules that will produce more than 72 million kilowatt hours (kWh) of energy over the next 20 years. The environmental attributes associated with the system will offset more than 3,100 Metric Tons of carbon dioxide annually and will generate enough power to provide the electricity needs for over 1,000 homes beyond the power needs of Pocono Raceway.
Amid the recent push to find alternative energy sources, the benefits of solar power have been tested and proven time and again. It is virtually silent, produces zero emissions and is the most readily available energy source on Earth.
“We are proud to partner with Pocono Raceway to develop the largest renewable energy stadium project in the world by more than two times,” said Peter Solomon, Director, Solar Origination at enXco. “The Pocono Raceway Solar Project marks the first project for enXco in Pennsylvania and also our first turnkey solar project. We recognize the dedicated efforts of NASCAR to become more sustainable and we look forward to helping other tracks to follow Pocono’s leadership to reduce their carbon footprint through the generation of solar energy.”
NASCAR fans have strong feelings about individual and corporate responsibility in caring for the environment. These fans have become more engaged in environmentally-minded activities, such as recycling and using energy efficient light bulbs, according to the most recent independent research (Experian Simmons National Consumer Survey):
Green is important to NASCAR fans: 3 of 4 NASCAR fans (77%) believe each of us has a personal obligation to do what we can to be environmentally responsible compared to 75% of the overall U.S. population.
Green companies are recognized by NASCAR fans: 2 of 3 NASCAR fans (65%) indicate companies should help consumers become more environmentally responsible compared to 64% of the overall U.S. population.
NASCAR fans exhibit “green behavior” in their everyday lives: More than 80% of NASCAR fan households recycle, up +12% over the past 5 years.
Green products are increasingly used by NASCAR fans: Approximately 40% of NASCAR fan households use energy efficient light bulbs, more than double the amount just 5 years ago.
An official dedication ceremony will take place today at 11:00am today at the solar site along Long Pond Road across from Gate 3 with special guests along with local officials and representatives from Pocono Raceway, enXco and NASCAR. Photos and audio will be available at NASCARMedia.com.
About Pocono Raceway
“The Tricky Triangle” is host to two NASCAR Sprint Cup Series and ARCA Racing Series presented by RE/MAX and Menards races each year and has added a NASCAR Camping World Truck Series race in 2010. Pocono Raceway’s 2.5-mile triangular design makes it truly unique. Pocono is the only track on the NASCAR Sprint Cup Circuit with three turns, three different radii and three variant degrees of banking. All that ensures our fans will enjoy some serious action, meanwhile presenting a competitive challenge to the world’s best drivers and their crew chiefs. Pocono strives to create a family atmosphere with increased focus on the Fan Experience. We are Pocono Raceway and this is “The Tricky Triangle.”
In business for over 50 years, Pocono Raceway is family-owned and situated in the beautiful Pocono Mountains of Pennsylvania. We are located within 300 miles of one-third of the US population and within 90 miles of New York City and Philadelphia. Pocono Raceway is and always will be an attractive option for NASCAR and race fans alike.
About enXco, an EDF Energies Nouvelles Company:
enXco (www.enxco.com) - an EDF Energies Nouvelles Company (www.edf-energies-nouvelles.com) - develops, constructs, owns, operates and manages renewable energy projects throughout the United States. For more than two decades, we have been a leader in wind-energy focusing on large-scale wind projects. Today enXco’s portfolio includes solar and biomass technologies, in an effort to help drive our nation’s transition to a sustainable energy economy. enXco is a significant owner and developer of wind-energy installations in the United States, and is the leading third-party operations & maintenance provider for wind farms in North America.
About NASCAR and the Environment
NASCAR and its partners and key stakeholders are committed to improving the communities in which the sport operates, mitigating the sport’s environmental impact, piloting new green technologies, and sharing conservation messages with fans. The sanctioning body is now leading an industry-wide initiative to reduce its environmental impact, while providing a proving ground for new green technologies. With the input of environmental experts and motorsports industry constituents to ensure the inclusion of all perspectives, NASCAR is implementing initiatives on and off the racetrack that demonstrate a dedication to protecting the environment, including the largest recycling program in sports. Drivers, teams, and track operators are working diligently on the issue of recycling, land conservation, and adopting alternative energy sources. Sponsors such as Coca-Cola, Coors, Goodyear, Office Depot, Safety-Kleen, Sprint and UPS are setting benchmarks for their dedication to keeping green.
Yet, considering the major sustainability programs being initiated throughout the NASCAR industry, the 3 megawatt ground-mount photovoltaic solar energy system at Pocono Raceway is completely in step with a sport taking major strides to preserve the environment.
The 25-acre solar installation, located adjacent to the 2.5-mile race track, is so large it’s visible from outer space. With its 40,000 photovoltaic modules drawing energy from the sun, it will become the primary electric energy source for the race track while adding electricity to the local power grid.
“This is an important milestone for Pocono Raceway and our sport,” said Brandon Igdalsky, President of Pocono Raceway. “Pocono Raceway strongly believes in the NASCAR industry’s commitment to operate in a more environmentally responsible way and is proud to be the first race track to power our sport with clean, renewable sunlight as the world’s largest solar-powered sports facility. This solar power system, built with timber, steel and solar panels made in the U.S., satisfies all our Raceway’s energy needs, while helping to power local homes. This project demonstrates real sustainability and proves that any business that truly wants to go green can do it.”
“NASCAR is committed to becoming a leader in environmental responsibility by reducing our impact and serving as a testing ground for innovative new approaches for sustainability,” said Brian France, Chairman and CEO of NASCAR. “This meaningful green project reflects the NASCAR industry’s collaborative approach to preserving the environment and highlights Pocono Raceway’s significant contribution as the first major U.S. sports venue to go green with 100% renewable energy. We encourage other tracks and sponsors to follow this lead in making sustainable programs and renewable energy a continued priority for the sport.”
The Pocono Raceway Solar Project, developed by enXco, and owned by Pocono Raceway, host of two annual NASCAR Sprint Cup Series summer events, is located along Long Pond Road adjacent to the storied raceway on land that previously served fan parking needs but is no longer used due to a reconfiguration of other parking lots on the property.
The installation consists of nearly 40,000 American made photovoltaic modules that will produce more than 72 million kilowatt hours (kWh) of energy over the next 20 years. The environmental attributes associated with the system will offset more than 3,100 Metric Tons of carbon dioxide annually and will generate enough power to provide the electricity needs for over 1,000 homes beyond the power needs of Pocono Raceway.
Amid the recent push to find alternative energy sources, the benefits of solar power have been tested and proven time and again. It is virtually silent, produces zero emissions and is the most readily available energy source on Earth.
“We are proud to partner with Pocono Raceway to develop the largest renewable energy stadium project in the world by more than two times,” said Peter Solomon, Director, Solar Origination at enXco. “The Pocono Raceway Solar Project marks the first project for enXco in Pennsylvania and also our first turnkey solar project. We recognize the dedicated efforts of NASCAR to become more sustainable and we look forward to helping other tracks to follow Pocono’s leadership to reduce their carbon footprint through the generation of solar energy.”
NASCAR fans have strong feelings about individual and corporate responsibility in caring for the environment. These fans have become more engaged in environmentally-minded activities, such as recycling and using energy efficient light bulbs, according to the most recent independent research (Experian Simmons National Consumer Survey):
Green is important to NASCAR fans: 3 of 4 NASCAR fans (77%) believe each of us has a personal obligation to do what we can to be environmentally responsible compared to 75% of the overall U.S. population.
Green companies are recognized by NASCAR fans: 2 of 3 NASCAR fans (65%) indicate companies should help consumers become more environmentally responsible compared to 64% of the overall U.S. population.
NASCAR fans exhibit “green behavior” in their everyday lives: More than 80% of NASCAR fan households recycle, up +12% over the past 5 years.
Green products are increasingly used by NASCAR fans: Approximately 40% of NASCAR fan households use energy efficient light bulbs, more than double the amount just 5 years ago.
An official dedication ceremony will take place today at 11:00am today at the solar site along Long Pond Road across from Gate 3 with special guests along with local officials and representatives from Pocono Raceway, enXco and NASCAR. Photos and audio will be available at NASCARMedia.com.
About Pocono Raceway
“The Tricky Triangle” is host to two NASCAR Sprint Cup Series and ARCA Racing Series presented by RE/MAX and Menards races each year and has added a NASCAR Camping World Truck Series race in 2010. Pocono Raceway’s 2.5-mile triangular design makes it truly unique. Pocono is the only track on the NASCAR Sprint Cup Circuit with three turns, three different radii and three variant degrees of banking. All that ensures our fans will enjoy some serious action, meanwhile presenting a competitive challenge to the world’s best drivers and their crew chiefs. Pocono strives to create a family atmosphere with increased focus on the Fan Experience. We are Pocono Raceway and this is “The Tricky Triangle.”
In business for over 50 years, Pocono Raceway is family-owned and situated in the beautiful Pocono Mountains of Pennsylvania. We are located within 300 miles of one-third of the US population and within 90 miles of New York City and Philadelphia. Pocono Raceway is and always will be an attractive option for NASCAR and race fans alike.
About enXco, an EDF Energies Nouvelles Company:
enXco (www.enxco.com) - an EDF Energies Nouvelles Company (www.edf-energies-nouvelles.com) - develops, constructs, owns, operates and manages renewable energy projects throughout the United States. For more than two decades, we have been a leader in wind-energy focusing on large-scale wind projects. Today enXco’s portfolio includes solar and biomass technologies, in an effort to help drive our nation’s transition to a sustainable energy economy. enXco is a significant owner and developer of wind-energy installations in the United States, and is the leading third-party operations & maintenance provider for wind farms in North America.
About NASCAR and the Environment
NASCAR and its partners and key stakeholders are committed to improving the communities in which the sport operates, mitigating the sport’s environmental impact, piloting new green technologies, and sharing conservation messages with fans. The sanctioning body is now leading an industry-wide initiative to reduce its environmental impact, while providing a proving ground for new green technologies. With the input of environmental experts and motorsports industry constituents to ensure the inclusion of all perspectives, NASCAR is implementing initiatives on and off the racetrack that demonstrate a dedication to protecting the environment, including the largest recycling program in sports. Drivers, teams, and track operators are working diligently on the issue of recycling, land conservation, and adopting alternative energy sources. Sponsors such as Coca-Cola, Coors, Goodyear, Office Depot, Safety-Kleen, Sprint and UPS are setting benchmarks for their dedication to keeping green.
Sunday, August 1, 2010
Remote Phillipines Villages Get Solar Energy
MANILA, Philippines - A private energy firm has put up 5,129 solar panels in impoverished barangays in Masbate province.
Paris Manila Technology Corp. (Pamatec) has executed the Philippine Rural Electrification Service (PRES) through a French loan worth 17.5-million euro borrowed by the National Power Corp.
The project, completed last December, provides an electricity rationing system of 200 kilowatt-hours per day for houses fitted with solar panels.
At night, residents get their power supply from batteries, which can last for three to four years.
“The solar panels do not cause pollution. The sun is the source of electricity that reaches the far-flung barangays. It uses renewable energy,” said Pamatec project engineer Ireneo Abua.
The government has been promoting renewable sources of energy like solar energy to lessen the country’s dependence on fossil fuel.
In 2008, Congress passed the Renewable Energy Act of 2008, which encourages investments in renewable sources of power. Latest figures from the Department of Energy, however, showed that renewable energy like solar energy only makes up less than a percent of the country’s energy mix.
Environmentalists have said the use of renewable and alternative energy would reduce the use of fossil fuel, which has been blamed for global warming.
The Philippines has been perceived as a “climate-taker,” or a country affected by the greenhouse emissions of developed countries.
Abua said solar panels are suited to communities where houses are built far apart.
Houses fitted with solar panels are allowed to use 200 kilowatt-hours of electricity per day. After the usage limit is reached, the electricity supply automatically switches off. Households, therefore, would have to learn to prioritize tasks that require electricity.
Masbateños, nevertheless, appreciate the implementation of the project because it has given them sources of livelihood and amusement.In Barangay Jumarawon, which has had solar panels since 2008, residents were able to put up sari-sari stores, watch their favorite television shows, and sing karaoke.
“The electricity allowed the children here to study well. Before, their parents had to spend for kerosene lamps. It was costly for them,” said barangay chairman Critito Bulandra.
“Before, some parents had to ask their children to stop studying at around 7 p.m. because they want to save money,” he added.
Aside from the installation of solar panels, Pamatec also installed a diesel-powered mini-grid with 11,518 connections.
Pamatec also plans to implement a blended fuels project for the mini-grid using copra. The equipment for the extraction of biofuel is expected to arrive in September.
The project has provided power to 665 barangay facilities and commercial establishments and 18,000 households. Pamatec plans to put up at least 1,000 more units in Masbate by the end of 2011.
“Many people have expressed interest in the solar panels. They are asking us if we can also install solar panels in their homes,” Abua said.
Paris Manila Technology Corp. (Pamatec) has executed the Philippine Rural Electrification Service (PRES) through a French loan worth 17.5-million euro borrowed by the National Power Corp.
The project, completed last December, provides an electricity rationing system of 200 kilowatt-hours per day for houses fitted with solar panels.
At night, residents get their power supply from batteries, which can last for three to four years.
“The solar panels do not cause pollution. The sun is the source of electricity that reaches the far-flung barangays. It uses renewable energy,” said Pamatec project engineer Ireneo Abua.
The government has been promoting renewable sources of energy like solar energy to lessen the country’s dependence on fossil fuel.
In 2008, Congress passed the Renewable Energy Act of 2008, which encourages investments in renewable sources of power. Latest figures from the Department of Energy, however, showed that renewable energy like solar energy only makes up less than a percent of the country’s energy mix.
Environmentalists have said the use of renewable and alternative energy would reduce the use of fossil fuel, which has been blamed for global warming.
The Philippines has been perceived as a “climate-taker,” or a country affected by the greenhouse emissions of developed countries.
Abua said solar panels are suited to communities where houses are built far apart.
Houses fitted with solar panels are allowed to use 200 kilowatt-hours of electricity per day. After the usage limit is reached, the electricity supply automatically switches off. Households, therefore, would have to learn to prioritize tasks that require electricity.
Masbateños, nevertheless, appreciate the implementation of the project because it has given them sources of livelihood and amusement.In Barangay Jumarawon, which has had solar panels since 2008, residents were able to put up sari-sari stores, watch their favorite television shows, and sing karaoke.
“The electricity allowed the children here to study well. Before, their parents had to spend for kerosene lamps. It was costly for them,” said barangay chairman Critito Bulandra.
“Before, some parents had to ask their children to stop studying at around 7 p.m. because they want to save money,” he added.
Aside from the installation of solar panels, Pamatec also installed a diesel-powered mini-grid with 11,518 connections.
Pamatec also plans to implement a blended fuels project for the mini-grid using copra. The equipment for the extraction of biofuel is expected to arrive in September.
The project has provided power to 665 barangay facilities and commercial establishments and 18,000 households. Pamatec plans to put up at least 1,000 more units in Masbate by the end of 2011.
“Many people have expressed interest in the solar panels. They are asking us if we can also install solar panels in their homes,” Abua said.
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