Friday, November 13, 2009

Another Green Article- Solar

Another Green Article- Solar

This is a great article about a huge solar project in Sacramento. Enjoy.

The roof of a North Sacramento plastics factory will host the biggest West Coast installation of a new type of solar panel.
The technology, built by Fremont's Solyndra Inc., uses racks of solar cells roughly the size and shape of long fluorescent light tubes. The shape allows the panels to harvest sunlight from any angle, including what's reflected from the white rooftops common on large commercial buildings.
The technology promises to cut the cost of solar power.
In March, Solyndra gained a $535 million loan guarantee from the U.S. Department of Energy to greatly increase its Fremont-based manufacturing operations. According to news reports, the company has contracts for orders worth more than $2 billion.
The 208-kilowatt system atop Sacramento's Plastic Package Inc. will supply about one-third of the factory's annual electricity needs, according to company Chairman Jim Kaye.
Plastic Package has been in Sacramento since 1984 and makes mostly food containers and trays. About a quarter of the raw material used in the plant is post-consumer recycled plastic, Kaye said.
The $1.3 million system was supported by a 30 percent subsidy from a federal renewable-energy program.
In addition, for five years SMUD will pay 30 cents for every kilowatt-hour of energy the project produces. That subsidy rate is set to decrease for future solar projects.
The SMUD subsidy is drawn from a fund created under a 2006 state law that promotes solar power. SMUD customers now pay 2 cents into the fund for every 100 kilowatt-hours billed.
Starting Jan. 1, ratepayers' contribution will rise to 9 cents per 100 kilowatt-hours, according to Jim Barnett, who oversees some of SMUD's solar programs.
Plastic Package's Kaye said he expects his solar system to pay for itself in five to six years. After that, power generated by the panels is virtually free.
A ribbon-cutting for the installation with Rep. Doris Matsui, D-Sacramento, is scheduled for today.
Articles above have been provided by the listed author immediately following the article. For additional resources and information to the authors, please visit the following sites.Resource Links:
http://www.gmacrealestate.com
Bill Fields All Star Coaching Program: http://www.AllStarCoaching.netGreatWest GMAC Search all MLS Listings: http://www.LocalHomeLink.comGreatWest GMAC Consumer Buyer/Seller Blog: http://www.GreatWestBlog.comT. Sami Siddiqui (Broker/ Owner) Buzz About Sacramento Blog: http://www.samisiddiquiblog.comBrodie Stephens (Executive Vice President) One Stop Blog: http://www.brodiestephensblog.comGreatWest Podcasts- Weekly Updates on new REO, Short Sale, Bank Owned Foreclosure Listings: http://www.HouseTalkOnline.comGreatWest Videos: http://www.youtube.com/brodiestephensFacebook Brodie Stephens Profile Page: http://www.facebook.com/brodiestephensFacebook GreatWest Profile Page: http://www.facebook.com/searchmlshomesforsaleMySpace Brodie Stephens Blog: http://www.myspace.com/brodiestephensMySpace GreatWest Blog: http://www.myspace.com/greatwestPicasa Web Album: http://picasaweb.google.com/brodiestephensGreatWest Real Estate Careers- GMAC is looking for Professional Realtors to Join Us: http://www.CareersWithUs.comGlobal Employee Relocation: http://www.employeerelocation.blogspot.comApply for a Loan: http://www.choice1funding.com
ActiveRain Blog Brodie http://activerain.com/blogs/brodiestephens
ActiveRain Blog Company http://activerain.com/blogs/greatwestgmac
Sacbee http://www.sacbee.com
Company WordPress Site http://www.thehomeholders.com
Real Living http://www.realliving.com

No comments:

Post a Comment