Sumitomo invests in giant US solar project - Sydney Morning Herald [fornadablog.blogspot.com]
HzO introduces its new WaterBlock technologies. HzO coatings enhance and protect devices from smartphones to textiles to important documents. HzO prevents damage caused by water; electronic devices remain fully functional after exposure. This video demonstrates the power of one of its WaterBlocking technologies. HZO Water Blocking Technology Demo
[fornadablog.blogspot.com], Sumitomo invests in giant US solar project - Sydney Morning Herald
Solar energy is drawing in some big players. Photo: Reuters
Japan's Sumitomo Corp on Tuesday said it would take a 25 per cent stake in a 550-megawatt solar power project in California, giving the trading house a foothold in the growing US solar industry.
Terms of the deal were not disclosed.
The company, which has stakes in four US wind projects, joins GE Energy Financial Services and NextEra Energy Resources as an investor in the Desert Sunlight solar farm located in Riverside County.
Sumitomo made its investment by buying a part of GE's stake, it said in a statement.
The photovoltaic solar project is being built by First Solar Inc and has agreements in place to provide power to California utilities Southern California Edison and Pacific Gas & Electric. It is expected to be fully operational by 2015, according to First Solar's website.
Last year the US Department of Energy agreed to back part of $ US1.46 billion in loans for the Desert Sunlight project as part of its program to aid alternative en ergy development.
Sumitomo said it will continue to seek opportunities to invest in solar and other renewable energy projects in the United States and Canada. The company has also made investments in US fossil fuel assets. In August it said it would take a 30 per cent stake in shale acreage controlled by Devon Energy Corp in the Permian Basin in Texas in a $ US1.4 billion deal.
Reuters
Related Sumitomo invests in giant US solar project - Sydney Morning Herald Issues
Watch this and other space videos at SpaceRip.com Until recently, the search for planets beyond our solar system was a matter of calculating the odds and laying out theories of solar system formation. Circumstantial evidence began to trickle in, a color shift in a stars light as a planet tugged on it, or a dipping in its light as a planet passed in front. When would our technology allow us to see through the bright light of stars to see these alien worlds directly? Scientists using the Hubble Space Telescope began examining a star visible in the southern hemisphere, just 25 light years away. Called Fomalhaut, it's much hotter than our sun and 15 times as bright. In fact, it's one of the brightest stars in our night sky. What makes it so curious is the large ring of gas that surrounds it. The ring is slightly off center from the location of the sun. That suggests there's a gravitational presence, a planet, that's distorting its shape. With a coronagraph in place to b lock the star's light, Hubble zeroed in on the ring. Right there in the data, it turns out, was a bump, perhaps a planet. Hubble photographed this planet a second time, two years later when it had progressed in its orbit. Based on the change in position, astronomers calculated that it takes about 872 Earth-years to complete an orbit. Astronomers thought it to be a huge planet, many times larger than Jupiter. The reason they could see is that it may have a very large and reflective ring system. From the ring's ... Tale of the Shepherd Planets
0 comments:
Post a Comment