Solar Power Update for March 18, 2009

March 18, 2009 at 9:43 pm 1 comment

Hope that you all had a great St. Patrick’s Day wherever you are. Tonight we have a interesting selection of articles from around the web on our favorite subject, Solar Power!

Our first story is a recap of the 2008 results that show that installations were up 110% for the year! The story on Environmental Leader (http://www.environmentalleader.com/2009/03/18/photovoltaic-solar-installations-up-110-in-2008/).

Excerpt: ” A record 5.95 gigawatts in solar photovoltaic panels were installed last year, up from 2.83 GW in 2007.

The next three stories talk about the current state of the industry. First we have a story from Earth2Tech (http://earth2tech.com/2009/03/18/solar-consolidation-continues-recurrent-energy-buys-assets-of-upc-solar/) covering the ongoing consolidation of the industry. However even with consolidation, Dupont is counting on solar adding to its bottom line (http://cleantechnica.com/2009/03/18/dupont-banking-on-solar-to-boost-its-bottom-line/).

Excerpt: “The company cited industry estimates that project the overall solar market to grow from $30 billion to $70 billion in 2013. DuPont has expanded production of several films and pastes used in solar manufacturing to help meet this demand, officials said. The company expects thin film solar demand to far outpace the demand for crystalline silicon cells.

The growth would be welcome news for DuPont, which as Forbes.com points out, has had a rough go of it lately. Weakening demand for chemicals led to double-digit drops is sales for most business units in the fourth quarter of 2008 and Chief Executive Ellen Kullman said 2009 would be “challenging.”

Even more depressing is the announcement from Royal Dutch Shell that it is pulling it investments out of alternative energy and concentrating on biofuels and similar technologies (http://www.environmentalleader.com/2009/03/18/shell-scales-back-renewable-energy-investments/).

Excerpt: “Shell’s CEO said the company was planning to drop all new investment in wind, solar and hydrogen energy, and instead would focus its renewable energy investments on biofuels, according to the U.K. Times. Shell also said that it will maintain its spending on carbon capture and storage projects in Germany, Netherlands, Norway, Canada, Australia and America.

However there is still good news to be had with a story on Environmental Leader about a beverage distributer getting 100% of its power via solar (http://www.environmentalleader.com/2009/03/18/beverage-distributor-installs-500-kw-solar-system/). This is hopeful as it shows that businesses are still willing to invest when it makes financial sense.

Next we have a story in the me to gadget sector of solar powered cell phones and accessories.  The item is the solCHAT bluetooth speaker phone via a story on Ecofriend (http://www.ecofriend.org/entry/eco-gadgets-go-green-with-solar-powered-solchat-bluetooth-speakerphone/).  I like the trend but it seems a little like a small bandwagon that too many people are trying to jump on.

Lastly is a story about a plan to circumnavigate the globe in a solar powered boat via Greenbang (http://www.greenbang.com/ship-designers-plan-solar-powered-circumnavigation/). While still in the design stages the project is certainly possible and pretty exciting.

As always I thank you for your time and interest. Please take the time to Digg, Stumble Upon or add to the other social network of your choice to help me spread the word about these issues. Please forward any questions or suggestions to: askthefm@gmail.com

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Entry filed under: Solar Power. Tags: , .

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1 Comment Add your own

  • 1. Adi Nugroho  |  April 6, 2009 at 8:56 am

    wow, nice article about gadget.keep it rock dude.don

    Reply

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