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GE Strengthens Its Commitment to Alternative Energy with a $230 Million Solar Power Investment
General Electric Corp. (GE) is strengthening its commitment to clean energy with a $230 million (150 million euros) investment in Spain’s Fotowatio. The investment, made through GE’s Energy Financial Services unit, will amount to a 32% stake in the solar-energy firm.
“By facilitating the growth of one of the solar industry’s leading developers, this investment gives us immediate access to attractive solar markets in Europe and the United States and will form an important part of GE’s broader strategy to become a major player in solar power,†Alex Urquhart, President and CEO of GE Energy Financial Services, said in a statement. “GE…
4Aug2008 | Money Morning | Comments Off | ContinuedWarning from My Energy Insider…
I’ve been corresponding with an acquaintance who works at the National Science Foundation. This guy (“People call me Jimâ€) is one of the smartest people I’ve ever met. And he asked me to note that he is speaking from his own personal views, and not on behalf of the NSF or the U.S. government.
Jim has a background in applied mathematics, electrical engineering and neural networks. He’s been involved in energy research since the 1970s. In terms of long-term knowledge of U.S. energy policy, Jim is a national asset.
Jim is an acknowledged expert in the fields of electricity generation and transmission. This…
3Jul2008 | Energy and Oil | Comments Off | ContinuedJoyful Assignment For The Next President: A Unified National Energy Policy
By his own admission, a certain former President was not keen on “the vision thing†as a general proposition. He never did get around to proposing a Unified National Energy Policy. The successor co-Presidency brought forth many initiatives, but a Unified National Energy Policy was not one of them. Iteration II of the “no vision thing†has done no better in this regard.
Apparently the next Presidency is to be neither a Restoration nor a Continuation, which is probably a net positive. The prospect of a breath of fresh air carries with it a certain appeal. Whoever is elected President next…
16Jun2008 | William Kurtz | Comments Off | Continued
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