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Re: Investors Wanted: Solar Electricity Long Term Power Purchas

Re: Investors Wanted: Solar Electricity Long Term Power Purchas

Submitted by athena on Wed, 08/06/2008 - 05:23.

Fishing?  You mean dangling bait and thinking about what you would perfer to be doing?  It's great.

Cyrium has just raised $15 million to put their CPV (concentrator photovoltaic) cells into production.    They are talking about $1 a watt, but I don't believe that includes the installation with the concentrator components.  They are also talking about being competitive with "power generated by coal, nuclear, water and other electricity sources"   They are not even promising to be cheaper or as "cheap" as electricity produced from oil, so don't hold your breath.

However, if you can produce energy in your own back yard you avoid all the extra costs associated with purchasing energy, - like taxes, the 7% energy lost in grid transmittion and/or handling or processing charges.  Carbon taxes of any kind will reverse the spread between fossil and alternative energy, so the winner may just be the system that has the longest life and least effect on the environment. 

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Investors Wanted: Solar Electricity Long Term Power Purchase Agreements (PPA) $90/MWh cost --> $150/MWh price + index By: ctyankee (24 replies) Thu, 05/29/2008 - 13:36