| One of the largest solar projects in the world launched |
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2008-09-02 13:40:48 One of the largest photovoltaic solar projects in the world will be located in California to deliver 1.65 billion kilowatt-hours of renewable energy annually - enough to serve approximately 239,000 residential homes each year. Pacific Gas and Electric Company has entered into an agreement with Topaz Solar Farms LLC, a subsidiary of OptiSolar Inc., for 550 MW of thin-film PV solar power. The utility company also signed a contract with High Plains Ranch II, LLC, a subsidiary of SunPower Corporation, for 250 MW of high-efficiency PV solar power.
The project which consists of two vast solar farms covering more than 12 square miles will contribute to San Luis Obispo County's and the State's objectives for clean, renewable energy sources. California's Renewable Portfolio Standard requires that utilities secure at least 20 percent of their electricity from renewable energy sources by 2010. The State has also set a goal of increasing renewables to 33 percent by 2020.
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Save Earth Fund invests in renewable energy, environmental technology and water management through actively managed funds, ETFs and stocks. The fund is the only of its kind in Sweden. Our aim is to generate a return that clearly exceeds that of the MSCI World index, with a lower than the average risk of environmental funds. No minimum investment. The management fee is 1%. Daily subscriptions/redemptions. Mr Carl Bernadotte, Mr Alexander Jansson and Mr Marcus Grimfors are responsible for managing the fund. Learn more about our managers here. |