Fw: Solar Energy Could Be the Next Big Provider of Green Power
> Solar Energy Could Be the Next Big Provider of Green PowerTexas).
> Source: Business Wire - Sep 05,2001
> HOUSTON--(BUSINESS WIRE)--Sept. 5, 2001-- The following is an advisory by
> Industrialinfo.com (Industrial Information Resources, Inc.; Houston,
> Larger demand for environmentally friendly green power is creating anleading
> interest in solar/photovoltaic power sources. Currently only about 300
> mega-watts (MW) per year are being developed, primarily in 100 kilowatt or
> smaller increments. Industrial Energy Producers (IEP) are playing a
> role in the development of solar power and consuming the energy internallyCapital
> to satisfy electrical needs.
> Arizona Public Service Company (APS), a subsidiary of Pinnacle West
> (NYSE:PNW) (Phoenix, Arizona), has 1MW that is being sold to the grid andsolar
> plans to double this by the second quarter of 2002. Composite Power
> Corporation (Nasdaq: CPWW) (Las Vegas, Nevada) is considering a large
> power generation plant in Nevada that could produce in excess of 100MW.potential
> Suppliers of solar panels and supporting equipment are working to improve
> their technology offerings in preparation for the expected growth
> of solar energy. The goal for the solar industry is to develop 300MW ofinquiries
> solar energy per year and increase that to 1,200MW per year by 2010 and
> maybe as high as 5,000MW per year by 2020.
> For more information on trends and upcoming construction activities in the
> Power and Energy markets as well as other industrial sectors send
> to powergroup@... or visit us at www.industrialinfo.com.