Ever wondered what happened to Valley solar startup Ausra, which nuclear giant Areva acquired in 2010? Well, it’s not good news.
The failure rate of developers to fulfill their renewable energy contract in California has historically been around 30-40 percent, but that failure rate is expected to come down now that utilities are seeing better prepared and managed projects — and more developers who are in the game.
Politicians, in office and retired, need to do their homework and pay special attention to connecting with tech and greentech startups. The majority of these companies won’t succeed.
GE has made a strategic investment in solar thermal startup eSolar and has entered into a deal for an exclusive license to deploy eSolar’s technology in combination with natural gas power plants.
Two years ago, utility PG&E first announced it wanted to invest in and own solar projects in California. Well, PG&E’s made some progress on that front in the form of three solar photovoltaic projects it will develop and own in central California.