Showing posts with label solar energy. Show all posts
Showing posts with label solar energy. Show all posts

Monday, January 16, 2017

Renewables Momentum:Duke Energy Augments California Solar Holdings

Judging by Duke Energy Corporation's recent actions in California,the time for solar is definitely now.In late December,the company purchased three more projects totaling 55 megawatts from SunPower Corp in Kern County:the 20 megawatt Rio Bravo I;the20 megawatt Rio Bravo II;and the 15 megawatt Wildwood II solar farms.All are in service now under 20-year contracts with Southern California Edison.*
As we continue to grow our footprint in the state,said Duke Energy Renewables and Distributed Energy Technology's president,Rob Caldwell,we're pleased to provide cost-efficient,sustainable power systems that contribute to California's leadership in renewable energy.*
Duke has 55 solar power plants in nine states.It also owns and operates wind farms,coal-fired,natural gas,oil,hydroelectric and nuclear power plants and is developing its interest in a biomass plant.*
Duke Energy Corp (DUK)

Tuesday, March 11, 2014

Facebook and Titan Aerospace:Shepherding the Drones

Facebook is reportedly in discussions to purchase the startup firm Titan Aerospace,pioneer of the atmosat(TM)drone concept,for 60 million dollars-possibly for the sole purpose of furthering Facebook's Internet.org project.Both companies declined to comment on the talks.*
The Titan drones have potential for multiple other highly beneficial applications,such as asset tracking;maritime traffic monitoring;cosmic radiation and magnetosphere studies;meteorology;oilspill mapping;power line monitoring;crop monitoring;global positioning;search and rescue;fire and floodplain monitoring.Under the reported scenario,Titan's production line would be totally consumed by Facebook's Internet access project,which aims to provide affordable Internet access to five billion people in developing countries.*
Two of the Titan Aerospace models,the Solara 50 and 60,can ascend to a height of over 65,000 feet and stay continuously aloft for five years on solar power,which is provided by panels on their wings and tails.This is zero emission,near-orbital flight at a fraction of the cost of a rocket-launched satellite,and is above the 60,000 foot height of FAA-regulated commercial airspace.
In sum,instead of diversifying its business with the range of drone applications Titan is capable of,Facebook may be focusing the entire acquisition on one communications application.True,it's only 60 million dollars,but the potential return on the atmosat technology would be whittled down for the forseeable future.Perhaps other firms will be making higher bids for the versatile atmosat.