California - 33% Renewable by 2020
Submitted by nissim1 on Tue, 11/18/2008 - 21:39.
in
California Gov. Arnold Schwarzenegger set California’s renewable-energy target at 33% by 2020; right now, the state’s target is to get 20% of its electricity from renewable sources by 2020. Gov. Schwarzenegger’s executive order clears the way for the state legislature to draft new laws making the target binding.
"All retail sellers of electricity shall serve 33 percent of their load with renewable energy by 2020. State government agencies are hereby directed to take all appropriate actions to implement this target in all regulatory proceedings, including siting, permitting, and procurement for renewable energy power plants and transmission lines," the order said.
About half of the states in the country have renewable-energy mandates, which have pushed utilities to develop solar and wind projects, as well as to sign long-term contracts with companies that build and operate those types of power plants.
President-elect Barack Obama advocated for a national renewable energy mandate during his campaign.
Are you business minded? Investor? Can you see the bigger picture?
Now is the time to invest in Green Renewable Energy Projects!
CSP Plant:
A CSP Plant uses the sun to generate electricity cleanly and efficiently. A 50MW CSP Plant with Biomass will supply enough energy for approximately 60,000 homes and reduce greenhouse gas emissions by over 200,000 tons per year.
The ROI for the investor is approximately five years, and is in the 10's of millions of $.
If you want to find out more about a high ROI Solar Power Plant deal, contact Nissim at: 818-606-6539
"All retail sellers of electricity shall serve 33 percent of their load with renewable energy by 2020. State government agencies are hereby directed to take all appropriate actions to implement this target in all regulatory proceedings, including siting, permitting, and procurement for renewable energy power plants and transmission lines," the order said.
About half of the states in the country have renewable-energy mandates, which have pushed utilities to develop solar and wind projects, as well as to sign long-term contracts with companies that build and operate those types of power plants.
President-elect Barack Obama advocated for a national renewable energy mandate during his campaign.
Are you business minded? Investor? Can you see the bigger picture?
Now is the time to invest in Green Renewable Energy Projects!
CSP Plant:
A CSP Plant uses the sun to generate electricity cleanly and efficiently. A 50MW CSP Plant with Biomass will supply enough energy for approximately 60,000 homes and reduce greenhouse gas emissions by over 200,000 tons per year.
The ROI for the investor is approximately five years, and is in the 10's of millions of $.
If you want to find out more about a high ROI Solar Power Plant deal, contact Nissim at: 818-606-6539
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Solar Stocks rise 849% !!!
I am researching the solar industry as we are moving forward with this amazing deal we secured with the CSP plants, and I am simply amazed of how much this market is growing! Even 'Big Oil' is investing in renewable energy, since they understand that oil won't be here for ever. BP is big on solar. Read along...: The global solar industry has grown 849% over the past eight years, from an installed capacity of 877 MW in 2000 to 8,325 MW at the end of 2007. That breaks down to a compounded annual growth rate (CAGR) of 37.9% for the same period! Folks, not many things grow 849% in eight years. For perspective, the Dow Jones Industrial Average gained only 12% during the same time. Broken down by country, or by region, some interesting trends also emerge, especially when it comes to the countries with the highest growth rates for solar installations. For example, I bet you'd never guess that the United Kingdom ranked among the top five countries for solar installation growth over the past eight years. Here's the full list of those countries, along with their respective solar installation annual growth rates: * Spain, 73.3% CAGR * Germany, 65.3% CAGR * United Kingdom, 36.9% CAGR * Indonesia, 35.4% CAGR * Japan, 31.5% CAGR That's the story for the past eight years. Some savvy investors made a lot of money, but it's nothing compared to what'll happen the next eight years. Solar Stocks Outlook & Industry Forecast Under a conservative growth scenario, the solar energy industry will grow another 39% by the end of 2009. By 2012, it will have grown over 135% from 2007 levels. Do The Math.
It sounds like a good
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