Google Makes First Clean Tech Project Investment

May 3, 2010

Search engine giant Google made good on its promise to invest in clean-technology projects, announcing Monday that it invested $38.8 million in a North Dakota wind farm.

The company has promised for months it would put money behind its advocacy of alternative energy and green development. The investment, completed Friday, is Google’s first in a utility-scale renewable energy project, thought the company has invested in green-tech start-ups.

Google invests $38,8 million in a North Dakota NextEra Energy Resources wind farm

In a blog post, the company said the 169.5 MW project stood out because it uses some of the latest wind turbine technology and control systems to lower the cost of generating renewable power. The turbines on the NextEra Energy Resources farm continuously adjust their blade angles to more efficiently turn wind into electricity, and larger blades sweep an area that is 15 percent bigger than with earlier models.

The farm has 113 turbines that stand 262 feet high.

“We’ve been looking at investments in renewable energy projects, like the one we just signed, that can accelerate the deployment of the latest clean energy technology while providing attractive returns to Google and more capital for developers to build additional projects,” said Rick Needham, green business operations manager in the blog post.

Google has previously invested in clean-tech companies including eSolar and AltaRock.

The news from Google came as NextEra said it sold $190 million in equity in the farm so it could pay down debt.


Green Tech Will Reinvent The Infrastructure Of The World, Says Vinod Khosla

April 30, 2010

It is hard to predict when green energy technologies such as solar, wind and biofuel will be cheaper than oil and coal.

Khosla Ventures will make more money from the Amyris Biotechnologies IPO than it has invested so far, says VC Vinod Khosla

But when they are, watch out. “We will fundamentally reinvent the infrastructure of the world,” says top clean-tech venture capitalist Vinod Khosla. “This is about changing assumptions.”

Khosla, who was interviewed at the GreenNet conference in San Francisco, said that once the cost of green energy is competitive with fossil fuels, Wall Street financiers will pour money into projects, eager for big returns. The reinvention of the infrastructure will take place over 10 to 15 years, he said.

Khosla defended the investment portfolio he’s accumulated since turning his attention to green tech about five years ago. He admitted he hasn’t yet made money with clean-tech start-ups.

But he vowed, just like the Wall Street moneymen, he would eventually rake in big bucks – green from green, you might say. “I’m pretty confident we will,” he said.  Already the book value of the portfolio – an estimate of its market value – is higher than the amount of money his firm, Khosla Ventures, invested.

Earlier this month, Amyris Biotechnologies, one of his biofuels firms, filed to go public. It should be a success, Khosla said. “We will make more money with this than we invested so far.”

He’s equally confident about his other companies. Half will bring positive returns to Khosla Ventures, he predicted, a high hit rate for a venture fund.

So what technologies does Khosla see as ripe for investment? LED lighting is attractive with breakthroughs possible, he said. Clean coal is another area he is investigating.


Vestas Wins Huge Order As Safe Money Bets On Wind

April 26, 2010

Entrepreneurs hope to build power plants at sea. Aquamarine Power of Edinburgh favors its wave power converting Oyster machine.

Floating Power Plant wants to combine offshore wind energy and wave converters into a single, floating unit.

GE researches electric car recharging, Better Place tests taxis, but wind energy appears the great steady

General Electric threw in its lot with Nissan on Monday. The two companies will explore ways to recharge electric cars without over burdening the utility grid. The demands on the grid and on home wiring could be considerable as electric cars become popular. The news came as Better Place began a trial in Japan with taxis designed to have their batteries swapped out when they run low on juice.

Research and product develop is raging ahead in the clean-tech industry. But the steady money appears to continue to favor traditional wind power. This was evident in a massive turbine order placed with Vestas Wind Systems, the world’s leading supplier of turbines.

Vestas said it received an order for up to 2.1 GW of wind turbines from alternative energy company EDP Renewables of Spain. According to a press release, 1.5 GW of the equipment is to be delivered for projects in the U.S., Europe and South American by 2012. An additional 600 MW could be added to the order by 2011.

The companies said the order was among the largest ever for wind turbines.

The news comes after a solid year for wind energy growth in 2009, despite the international recession. Part of the explanation is that wind energy is the closest in cost to electricity from coal and natural gas. Wind installation in the U.S grew 39 percent last year and, according to a report issued Monday, rose 23 percent in Europe.

Vestas turbines already make up 40 percent of EDP’s worldwide wind installations, or about 2.5 GW of installed capacity.


Airborne Wind Turbine Designer Plans Trial This Year

April 16, 2010

Joby Energy says it plans to launch its first airborne wind turbine off the California coast this year in a trial that could make or shatter dreams of power stations in the sky.

The company was vague about details of the test during a presentation late Thursday. But it said its goal is to fly a tethered rectangular kite-like device with eight blades about 2,000 feet above Santa Cruz before the end of the year.

Joby founder JoeBen Bevirt and a picture of his proposed ariborne wind turbine

“We are in the final stages of planning,” Joby founder JoeBen Bevirt said during a Silicon Valley appearance.

The 30 kW, 180-pound turbine is a precursor to 10 MW and 20 MW machines Bevirt hopes to eventually send aloft. He says he conceived of piping the electricity down tether cables and into the electrical grid for 3 to 4 cents a kWh. Ground based turbines can be 5 cents or more.

Bevirt’s flying turbine is by no means the first to be designed for use in the atmosphere. Development has gone on in Holland, Italy and elsewhere in the United States, but little commercialization has followed.

Nevertheless, the potential is high. While wind is inconsistent and intermittent on the ground, it is steadier and often non-stop in the atmosphere. By some measures, winds aloft have 10 times the energy of sun light, with the highest concentrations in the jet stream. However, flying kites and turbines that high creates navigation hazards for aircraft.

Bevirt initially hoped to fly in the jet stream, but was dissuaded by the Federal Aviation Administration, which said it would take years to secure permission. His fall back position is below 2,000 feet, where navigational hazard is less.

While engineers have conceived of sending turbines aloft for decades, only recently have materials become light and strong enough to make the technology viable. Tethers, for instance, can be made of Kevlar, and blades can be designed smaller and still capable of spinning faster than those of ground-based turbines.

Bevirt says he built his kites in 40-foot modular sections. The assembled modules for a 5 MW kite would measure 240 feet in length. Yet, the “control system is really the heart of the challenge,” he says. “We’ve put most of our time into this.”

Now after months of design, he says, Joby is ready.


US Wind Energy Added More Capacity In 2009 Than Any Other Year

April 8, 2010

Iowa gets more of its electricity from wind power than any other state – 14%. Texas has greatest generating capacity and the largest farms.

Across the country, 85,000 people are employed in the wind energy industry, with 10 new manufacturing plants beginning operation last year.

Iowa gets more of its electricity from wind power than any other state - 14 percent. Texas has the most utility-scale farms.

These are the findings of the American Wind Energy Associations annual report on the industry, released Thursday. China is out muscling the United States and most other countries with its efforts to add wind generation and manufacturing capacity.

But the U.S. is not standing still. The study finds that the nation installed 10,000 MW of wind power in 2009, more than any other year. Sure, new project planning slowed during the year, but 36 states now have utility-scale farms and 14 have more than a GW of generating capacity.

Leading the wind turbine market is GE and the largest owner of wind farms is NextEra Energy Resources. Xcel Energy of Minnesota is the utility with the wind power feeding into its distribution gird.

According to the report, 10 manufacturing plants came into operation last year and 20 new ones were announced. Even the market for small, residential, turbines chugged along. It grew 15 percent, with 20 MW of capacity sold.

Obviously the industry has a tough battle ahead considering the gargantuan resources China is putting behind wind energy and that country’s cheap labor. The challenge is all the more daunting give the tight credit conditions that linger in North America.

But look to the bright side. At least credit is not as tight as with solar farms.


Army Tries Out Mobile Wind Turbine.

April 7, 2010

The military used to cart around mobile generators for power on the go.

WindTamer said it sold a mobile wind turbine to the Army Research Development and Engineering Command

Now it has begun to haul mobile wind turbines. WindTamer said Wednesday it sold its first trailer-mounted wind turbine to the Army Research, Development and Engineering Command (RDECOM) at the Aberdeen Proving Grounds in Maryland.

The turbine will undergo testing as an energy source for batteries in communications gear. The 1 KW device includes electricity storage.

WindTamer of Rochester, N.Y., said it sees the military as a significant market for mobile turbines.

The demonstration unit, if successful in the field, could lessen the Army’s need to haul fuel and generators to forward positions. RDECOM is a technology development arm of the service.


Using Wind Turbines At Home

March 26, 2010

They seem beyond your reach, don’t they? Residential wind turbines cost in the neighborhood of $40,000 each and carry their weight only when the wind is blowing.

And yet more than 10,000 American homeowners and small-business managers install these tiny wind turbines every year – more when the economy is humming. And some boast a respectable payback.

So, could you?

According to the American Wind Energy Association, 10,500 home wind turbines 100 KW and less were sold in the U.S. in 2008 generating $77 million in sales. Global sales that year added up to 19,000 units and $156 million in revenue. The recession hit the industry hard last year. Yet the market is to grow 30 fold by 2013.

Of course that outlook will prove optimistic if the price of turbines doesn’t come down significantly.

Homeowners and small businesses bought 10,500 wind turbines in 2008

Still, homeowners are able to make the financial equation work. That is in part due to an eight-year, 30 percent federal tax credit that Congress reauthorized in February 2009. States also kick in incentives, including California, Oregon, Arizona, Massachusetts, New York and New Jersey.

The real decision-maker, however, is the wind level. The association says turbines can pay if 10-mile-an-hour winds are frequent at your home. This is likely too rosy.

A better candidate for wind turbines is Ernest Ramirez, who was interviewed by the Los Angeles Times. Ramirez lives in Oak Hills on the fringes of Los Angeles and benefits from gusts that come over the Cajon Pass. They can rise to 35 miles an hour.

He says he uses a 10 KW turbine to power his expansive 3,250-square-foot home. Electric bills that were once $400 are now $100 a month. California’s incentive also softened the blow. It can be up to $12,500, making the investment easier to swallow.

Still, wind is a decade-long investment. And it needs a steady breeze.


Dutch Micro Community Goes Off The Grid To Test Imaginative Smart Grid

March 15, 2010

Someday we all may live like this.

A small Dutch community a short ride from Amsterdam began an imaginative test of the green economy last week. The 25-family Hoogkerk neighborhood interconnected its homes to take advantage of central heating and cooling, and to jointly draw power from a wind farm, rooftop solar panels and a gas turbine.

Twenty-five homes in Hoogkerk are replying on energy from solar panels, wind turbines and a gas turbine.

By making use of smart meters, recycling wasted heat and relying on smart household appliances (dryers don’t go on unless there is a surplus of solar energy, for instance), the homes form a virtual, interconnected power plant. The goal is to use energy more wisely and efficiently, and to generate useful data on whether such extreme forms of distributed energy connected on a local smart grid may work on a large scale.

The test is nearly two years in the making. It is being supported by Dutch energy research center ECN and several companies: consultancy KEMA, software maker Humiq and utility Essent. It also is introducing electric cars to the community.

The project is the first such micro experiment in Europe and could pave the way for other trials. Organizers hope to gain insight into how and when energy is used and whether residents can adapt to such as radical design in exchange for financial incentives.

The system is especially unusual because of the two-way energy traffic among homes. Because of this, its may change the way residential smart grids are conceived and implemented.

And it will put Netherlands on the cutting edge.


Utilities Remain Paralyzed On Grid Storage Decisions

March 11, 2010

Grid storage is universally thought of as a good idea. But utilities don’t yet have a clue which technologies to choose and where to deploy them.

"We all agree it's a good idea," says Paul De Martini of Southern California Edison. But "we're at 50,000 feet."

The uncertainty could delay the spread of renewable energy, particular solar and wind energy, as executives evaluate options and wait for clear winners in the market. Both solar and wind create intermittent power streams making the ability to store energy for when the sun goes down or the wind stops blowing critical.

This dilemma is apparent to Paul De Martini, vice president of advanced technology at Southern California Edison, who spoke Wednesday afternoon at Stanford University.

“We’re at 50,000 feet” in terms of understanding the market, says De Martini. “We all agree it’s a good idea.” But the utility doesn’t know how much storage it needs and whether it should deploy it near homes, near transmission facilities or somewhere between.

De Martini says he has identified 40 different storage technologies that are under development. They range from lithium ion batteries, to uphill water pumps, flywheels and ice storage.

In discussions with the companies, it is difficult for Southern California Edison to describe exactly what its needs are, he said. And “there’s not a really good set of requirements out in the industry.”

Some say the short-term answer is all of the above. “We need to be thinking about storage in every form,” says Jim Detmers, vice president of operations, at California ISO, which runs the state’s electric transmission gird. “We don’t want to limit ourselves to just one type.”

And yet that will likely delay implementation and cost more, since more development money will need to be spent. In an address last week, Energy Secretary Steven Chu said his favorite is a technology that pumps water uphill, only to let it flow down again and spin turbines when the sun stops shining. Perhaps a high profile test project is in order.


Steven Chu’s Top Green Technologies (Hint: No Thin Film)

March 9, 2010

Energy Secretary Steven Chu is the first to admit the nation faces a clean-energy technology gap.

"We don't have all the technolgy we need to reduce carbon by 80 percent by mid century," says Energy Secretary Steven Chu

“We don’t have all the technology we need to reduce carbon by 80 percent by mid century,” Chu said Monday. “We need better technology.”

Advancing the state of green tech is the reason he invested $80 billion of Recovery Act funds in clean-tech research, product development and generating capacity. The nation needs to prepare itself for the green economy of the 21st Century at a time when countries, such as China, are pouring in lots of money of their own.

We are falling behind in the clean-tech race,” he said during an address at Stanford University.

And yet, all is not bad news. During his address, Chu listed several technologies where the U.S. is making progress and which could have a powerful impact in the decades to come. They include:

*Utility-scale energy storage,  an important addition to the energy grid as more renewable power comes from sometimes on, sometimes off wind and solar. The best way to achieve store energy is by pumping water up a hill, says Chu. When the power is needed, water is released, driving turbines. The energy loss: just 25 percent, far better than batteries, he says.

*Offshore wind has a great deal of untapped potential, adds Chu. But maintaining turbines is difficult in a marine environment due to storms and salt water.

One encouraging step is Clipper Windpower’s work on a massive 10 MW offshore wind turbine, says Chu.

*In the solar market, the cost of solar cells has dropped by a factor of 10. But it isn’t low enough for panels to be competitive without government subsidies. That could rapidly change, says Chu. Module costs are about $2 a watt, but will drop to less than $1 by the end of the year.

The drop will help rooftop solar compete. Rooftop systems still cost $4 a watt to install, with the panels accounting for half of the bill. At $1.50 cents installed, solar becomes cost efficient without subsidies, he says.

Chu says it is not clear whether low cost thin-film cells will outsell the polysilicon cells that make up the majority of today’s market. Polysilicon cells keep making gains with efficiency.

*The transportation sector is the toughest to achieve energy improvements. Lithium ion batteries don’t have near the energy density of gasoline or diesel. Fortunately, electric motors are highly efficient.

One breath of fresh air may come from aluminum batteries, says Chu. Aluminum could help cut battery costs by a factor of 10. Suddenly all the energy required by a building could be stored in a battery the size of a room.


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