Thursday, November 12, 2009

Another Green Article- Solar

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


Published: Thursday, Nov. 12, 2009 - 12:00 am | Page 8B


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.net
GreatWest GMAC Search all MLS Listings: http://www.LocalHomeLink.com
GreatWest GMAC Consumer Buyer/Seller Blog: http://www.GreatWestBlog.com
T. Sami Siddiqui (Broker/ Owner) Buzz About Sacramento Blog: http://www.samisiddiquiblog.com
Brodie Stephens (Executive Vice President) One Stop Blog: http://www.brodiestephensblog.com
GreatWest Podcasts- Weekly Updates on new REO, Short Sale, Bank Owned Foreclosure Listings: http://www.HouseTalkOnline.com
GreatWest Videos: http://www.youtube.com/brodiestephens
Facebook Brodie Stephens Profile Page: http://www.facebook.com/brodiestephens
Facebook GreatWest Profile Page: http://www.facebook.com/searchmlshomesforsale
MySpace Brodie Stephens Blog: http://www.myspace.com/brodiestephens
MySpace GreatWest Blog: http://www.myspace.com/greatwest
Picasa Web Album: http://picasaweb.google.com/brodiestephens
GreatWest Real Estate Careers- GMAC is looking for Professional Realtors to Join Us: http://www.CareersWithUs.com
Global Employee Relocation: http://www.employeerelocation.blogspot.com
Apply 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