Companies Will Put Up $1 Billion To Develop Photovoltaic Power
Keywords: labor, construction methods, management, government, legislation, finance, news articles, ENR
Full Article Price:
$4.95
Delivery: Immediate Online Access
Publication Date: 02-APR-08
Format: XML document
|
 |
Article Description| A joint venture of one of the world’s largest power companies and an energy-focused private equity firm has committed up to $1 billion to develop utility-scale solar photovoltaic projects around the world. AES Corp., Arlington, Va., and Riverstone Holdings LLC, New York City, will each provide up to $500 million of capital for the venture, called AES Solar, over five years. JV officials say the installation sizes will range from less than 2 MW to more than 50 MW, using land-based solar pv panels to convert sunlight to electricity for delivery on the grid. Early projects will be developed in countries offering the most attractive tariffs, following the pattern set by independent power producers and wind-energy developers, say officials. Later ... |
|
|
 |
Subscribe to ENR |
|
|
|
 |
|
|
Subscribe to ENR Try 4 issues FREE!
Monthly Subscription only $9.95/month
Annual Subscription only $82
You will receive one full-year, 51 issues, which include 4 Sourcebooks and 2 double issues - along with 100% access to enr.com!
|
|
|
 |
|
|
|
|
|
|
|
|
|
|
