Green Options

Major power companies in Florida and New Mexico announced this week that they would start buying large amounts of energy from certain solar power producers soon.

In New Mexico, Southwestern Public Service Company (SPSC), a subsidiary of Xcel Energy, said that it would buy 50 MW of solar power from SunEdison. From the solar panels being installed on five 10-MW sites, the electricity generated will be able to power 10,000 homes.

In Florida, at practically the same time, Tampa Electric Company received approval from the Florida Public Service Commission to purchase solar power from Energy 5.0’s planned 25-MW plant in Polk County.

These solar power plants will be two of the biggest in the nation when completed. They are expected to offset carbon emissions by millions of tons.

One of the solar industry’s corporate giants, First Solar, announced recently that it expects sales for fiscal year 2010 to reach between $2.7 billion and $2.9 billion. This is about $300 to $500 million more than Wall Street expectations.

Despite the current economic situation, and a major recent let-down in L.A., this company is growing steadily and reflects the increasing strength of solar technology in the market today.

The World Wildlife Fund (WWF) just released a comprehensive global report, and the first country by country ranking, of clean energy technology sales.

The clean energy sector is on the verge of becoming the third largest sector in the world now. The report — Clean Economy, Living Planet - Building Strong Clean Energy Technology Industries — finds that Denmark is currently the leading country in clean energy sales (relative to GDP), Brazil is second and Germany is third (the top three in absolute terms are Germany, the US and Japan).

With the sector booming, there is much opportunity for growth in these countries and others now. The report delves into how the countries currently leading the world got to the top and makes a short list of best practices.

Clean energy technology sales were about $921 billion in 2007 (€630 billion), but are expected to become about $2339 billion per year (€1600 billion) in 2020. At that volume, the sector is expected to only be behind automobiles and electronics in global sales. This is even without a strong, binding deal in Copenhagen.

Kim Carstensen, leader of WWF’s global climate initiative, says: “This is the clean economy growth happening now with only a partial Kyoto protocol international framework supporting clean energy development, patchy national support for green energy and huge subsidies to fossil fuel use.”

I think the growth in the future is liable to skyrocket with more and more countries getting serious about stopping human-induced catastrophic climate change. Plus, clean energy is an economic benefit for countries as it creates more jobs for the countries’ citizens.

Donald Pols, Head of the Climate Programme at WWF-Netherlands, says: “Clearly, from a national perspective there is much to gain and nothing to lose from investing in clean energy.”

Where do the US and the UK fit into this matter? And what are their and other countries’ best chances for becoming industry leaders?

A new comprehensive study of the PV market in each US state and the US as a whole comes to some interesting and hopeful conclusions. One finding is that the US might surpass Germany as the leading PV market in the world within the next few years.

The report finds that, over the next four years, the US PV market will see growth in demand increase more than any other nation. The research company, Greentech Media (GTM) Research, expects an annual growth of about 48% (on average) in the base case scenario, totalling 1,515 MW in 2012.

In an “upside” economic scenario, the US will reach 2,022 MW in 2012 and pass up Spain and possibly Germany to become the leading PV market in the world.

Hudson Clean Energy Partners (HCEP) set a $1 billion target for its first fund, a new clean energy investment fund, and just announced this week that it has reached its target despite the difficult economic conditions worldwide.

Led by two industry veterans with much individual success, HCEP is looking to help spur and capitalize on a great global push for clean tech and clean energy (including renewable power, alternative fuels, energy efficiency and storage). The firm seems to show a lot of faith in solar power technology, in particular.

A new report by iSuppli Corp. predicts that by 2013, 31% of the solar panel market will be accounted for by thin-film solar panels. These thin-film panels are rapidly replacing traditional crystalline photovoltaic panels.

Thin-film solar is being used in a variety of new applications, from solar roof shingles to solar tiles (like clay tiles) to solar panels glued right onto the roof. Its flexibility in use is one major benefit of this technology.

Lower cost is the number one factor responsible for its anticipated growth, but there are trade-offs as well.

Candy giant MARS, parent company of M&M’S®, DOVE®, MILKY WAY®, SNICKERS®, 3 MUSKETEERS®, and TWIX®, turned on a huge new solar array (a “solar garden”) at its headquarters in New Jersey today. No matter what you think of candy food like this, it is good to see such a company going solar. Popular with millions, billions perhaps, and about as mainstream as you can imagine, this is a good step for solar’s more widespread use across the country.

This facility is PSEG Solar Source’s first large-scale solar project. It is one of the largest solar projects in the state of New Jersey, which is already 2nd only to California in its amount of installed solar capacity. The MARS headquarters adjacent to the solar garden is the workplace of about 1,200 employees and is where M&M’S® Brand Chocolate Candies are manufactured.

Researchers at the Georgia Institute of Technology have made a three-dimensional photovoltaic solar cell around an optical fibre, a revolutionary new approach that could pave the way for a new generation of hyper-flexible solar systems.

According to team-leader Professor Zhong Lin Wang, “Using this technology, we can make photovoltaic generators that are foldable, concealed and mobile. Optical fibre could conduct sunlight into a building’s walls where the nanostructures would convert it to electricity. This is truly a three dimensional solar cell.”

SOLARIG, a company based in Spain that incorporated about four years ago, just began construction of eight photovoltaic parks in Italy this month. The parks will provide 8 MW of energy in total. Over the next few months, it plans to construct photovoltaic projects producing 30 MW throughout different regions of Italy.

But this is just the beginning. SOLARIG has a more global vision.

Eskom, the South African state owned electricity generator, recently announced that it has budgeted a billion dollars over the next ten years for a demonstration and pilot concentrated solar power (CSP) plant. However, moving from budget to implementation is proving more difficult!

Why Concentrated Solar Power

Two of the widely used alternatives for collecting the suns energy are the concentrated solar power (CSP) plant where sunlight is focussed on a receiver in which a circulating working fluid is heated and used as the heating media for a conventional power station and the photo voltaic (PV) plant where sunlight is converted directly into electrical energy.

Solarmer Energy broke the world record for plastic cell efficiency last year. Now, they’ve just broken it again.

The new efficiency record is 7.6% and it breaks 7% for the first time.