SMUD's solar energy program is particularly popular, with solar panels equipped with photovoltaic cells turning hundreds of area homes and businesses into mini-power plants.
Tellingly, about two-thirds of bids for solar energy contracts last year (by electricity generated) were for photovoltaic projects and only a third were for solar thermal power plants, which deploy vast arrays of mirrors to heat liquids and produce steam to drive an electricity-generating turbine.
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The portfolio of projects, financed by debt and equity including an undisclosed, significant investment by Google in a venture formed by KKR, SunTap Energy, will include four solar photovoltaic facilities.
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Solar power is harvested through an organic photovoltaic skin which then transfers the energy to nano-fibres located inside nano-wires.
Google (GOOG), Kohlberg Kravis Roberts (KKR) and Recurrent Energy said today they have invested in a portfolio of solar photovoltaic facilities in Sacramento.
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Even with the ability to convert sunlight into electricity with high efficiency using photovoltaic solar cells, many challenges prevent us from being able to power all our energy needs with solar panels.
Solar panels use light energy from the sun to generate electricity through the photovoltaic effect.
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Both companies manufacture components for photovoltaic panels and statements from their executives were issued and triumphed by the Coalition for Affordable Solar Energy, an alliance of solar installers and other companies opposed to SolarWorld Industries America, the U.S. subsidiary of a German photovoltaic manufacturer, to secure tariffs against Chinese competitors.
Distributed generation ( DG) generally refers to renewable energy systems of less than 20 megawatts (MW), often rooftop solar photovoltaic (PV) arrays, installed close to load and existing transmission.
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Back on July 27th, I wrote about how surprised I was to find shares of Power-One (PWER), a provider of renewable energy and energy-efficient power conversion and power management solutions such as photovoltaic inverters used in solar power applications, trade down after reporting blow-out second quarter results.
Photovoltaic solar, or PV, also represented the bulk of contracts short-listed by utilities, followed by wind energy bids.
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In 2007, Chevron-Texaco's venture capital arm bought significant stakes in two solar energy companies: BrightSource Energy, a developer of utility-scale solar plants, and Konarka Technologies, a developer of photovoltaic materials.
NextEra Energy Chief Executive Lewis Hay told me last week over breakfast that he had higher hopes for solar photovoltaic (PV) power than for solar thermal power because the prices of solar PV panels were falling so extraordinarily fast.
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