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Energy Roundup: Europe's Solar Play, Offshore Wind Flies, Climate Vote Approaching and More

By Chris Morrison | Jun 24, 2009

Europe plans massive solar power project — If $555 billion can be raised for construction, Europe could someday have a massive electrical network sending solar power from Northern African deserts to the chilly states of the EU. The Desertec consortium of 20 companies, with support from national governments, will hold its first meeting to discuss the plan on July 13. [Source: BusinessWeek / Spiegel Online]

Offshore wind leases begun — The first leases for offshore wind power in the United States have been allowed by the Obama administration. Four companies will benefit: Bluewater Wind New Jersey, Bluewater Wind Delaware, Fisherman’s Energy of New Jersey, and Deepwater Wind. A larger package of solar and wind power loan guarantees is set to go out in July. [Source: NYTimes,Bloomberg]

Climate bill coming up for vote — The House will vote on the United States’ first major climate bill by the end of this week, according to a spokesman for speaker Nancy Pelosi. The bill still faces some opposition from Democrats from farming communities, but the general expectation is that the bill will pass. [Source: Bloomberg]

Silver Spring wins Sacramento smart grid project — Leading smart grid startup Silver Spring Networks has scored yet another big contract, this one in Sacramento, Calif. The 600,000 smart meter deployment for the Sacramento Municipal Utility District is the first the company has taken up for a municipal utility instead of an investor-owned utility, perhaps signaling that a new market is opening. [Source: Greentech Media]

LG and Sanyo invest in thin-film solar – Two Asian electronics giants, LG Display and Sanyo, will both make multi-million dollar investments in thin-film solar technology. The $39 million bet by LG is a first from the company, while Sanyo’s $83 million is for an existing technology and will boost the company’s production to 430 megawatts a year. [Source: Renewable Energy World, Recharge News]

PG&E opposes California solar billsPacific Gas & Electric, a major West coast utility, has set itself against new solar initiatives in California. According to the company, the new state bills would make solar energy “too popular”, setting up a market that favored those installing renewable energy over normal customers. Renewable energy advocates are, of course, now unhappy with PG&E. [Source: San Jose Mercury]

Chris Morrison, a reporter on energy, renewables and climate change, is the former lead cleantech writer for VentureBeat. Follow him on Twitter.

BNET User Analysis

Web Buzz:
  • Holy Desertec: $555B Solar Saharan Project Finds a Dozen Backers$

    Earth2tech.com - 133 days 7 hours 11 minutes ago

    Ever since the news came out about Desertec , a $555 billion project to build solar thermal plants in Northern Africa’s Sahara desert to funnel solar power to Europe, we’ve been scratching our heads about what to make of it. The sheer size (supposedly large enough to supply up to 15 percent of Europe’s electricity needs), cost and...

  • Vattenfall Speaks Out Against Desertec

    BNET Energy - 130 days 10 hours 39 minutes ago

    Desertec, a project to link Europe’s power grid to Africa, has been in the news quite often lately, and for good reason. It offers a compelling image: A vast, high-tech network of transmission lines branching out across Europe, with its roots drawing energy from solar power plants in the sunny deserts of northern Africa. The network would aim...

  • Europe Mulls Huge Solar Project

    BusinessWeek - 159 days 8 hours 37 minutes ago

    An ambitious German-led project to supply Europe with solar energy from the deserts of North Africa will start with a meeting on July 13, an executive from the German insurance giant Munich Re told the Süddeutsche Zeitung on Tuesday. The project involves a consortium of about 20 firms—including Siemens (SI), Deutsche Bank (DB), and energy...

  • German-led consortium signs MOU for massive African solar project

    Platts - 132 days 23 hours 39 minutes ago

    London (Platts)--13Jul2009 A German-led group of 12 European companies Monday signed a memorandum of understanding to start a joint venture to build a huge solar power generation in the African desert. The Desertec Industrial Initiative, which is being supported by the German government, intends to attract Eur400 billion ($558.93...

  • Europe eyes giant desert solar power plant

    UPI - 150 days 7 hours 57 minutes ago

    The ambitious project, known as Desertec, is expected to cost $555.3 billion. It would generate inexhaustible and affordable quantities of energy across the Mediterranean -- and even on a global scale if necessary. One of its big attractions is that it would emit no carbon dioxide in the process. If Desertec ever gets off the ground it would be...

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