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Solar Energy News Saturday September 9th 2006
New Book Cites Inevitability of Solar Energy
As the energy crisis escalates - and the price of gas and electricity with it - a new book just released from MIT Press predicts that in the next two decades, solar will become the cheapest energy source for most applications, and will be widely adopted by consumers in both the developed and developing worlds. Photovoltaics, distributed on a small scale instead of on today's industrial-size electricity grids, will begin to unravel the economies of scale that Edison's electricity transmission created over the last century. Travis Bradford, president and founder of the Prometheus Institute for Sustainable Development, will be in San Francisco on September 12 at 6 p.m. in the Thoreau Center for Sustainability to discuss his new book, Solar Revolution: The Economic Transformation of the Global Energy Industry (available at Amazon.com).
Tax credits give companies an incentive for solar power
Forget the tried and true business maxim "There ain't no free lunch" because this year and next in Oregon there's a whopping benefit for any business with a tax liability. A convergence of federal and state tax credits and incentive programs is making the purchase and installation of solar energy systems free. Companies who jump in can cross electricity costs out of their budgets, and some will even earn a few bucks on the systems because they generate so much juice it flows back onto the grid.
Applied Materials to pursue solar power market
One of the largest makers of semiconductor chip manufacturing equipment, Applied Materials, said Tuesday that it plans to aggressively pursue sales of equipment to make solar cells. The company will provide manufacturing tools that will help lower the cost of converting the sun's energy into electricity for consumers, said Mike Splinter, chief executive of the Santa Clara company. High costs are a barrier to more widespread adoption of solar energy. "We plan to change the cost equation for solar power through adaptation of our existing technology and new innovation in order to help make solar a more meaningful contributor to the global energy supply," Splinter said in a statement.
Solar energy company to build second plant in Greenville
A Michigan company that makes solar cells and solar panels for generating electric power has confirmed plans to build a second factory in Greenville. The United Solar Ovonic plant is expected to begin operation in mid-2008. When the Auburn Hills-based company announced plans in March for its first Greenville plant it said it might build up to five more plants in the city. The new plant will be part of a 95-acre complex in Greenville's new industrial park. It will have two production lines for making solar panels. The first plant is expected to open in late 2007.
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