ACCELERATING GROWTH IN SOLAR ENERGY

I recently met with an executive from the solar energy industry, the company portfolio supports solar developments in one US state.  In our conversation I was provided with insights on how new solar installations get started.  My feeling was whilst the company was doing a great job installing solar systems large scale projects required special investment.

I began to investigate how large scale solar projects can be funded by Solar Investment Bonds that offer a great return of 10% annual interest .  A scheme like this has been created in Europe with a 50 MW solar power site in Spain .

Here in the US Solar Millennium AG and solarhybrid have issued a bond for a US solar power site the plan is to develop a 2.25 gigawatt project.  Solarhybrid expects to begin construction on the first US project as early as 2013, this will be with the 1,000 MW Blythe solar plant in California.