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Germany: ErSol Signs Italian Supply Contract

ErSol Solar Energy AG(ErSol) has signed a long-term agreement to supply solar cells to an established Italian solar module manufacturer until 2015. The value of this contract is EUR 100 million based on the recently announced subsidies in the Italian market, which may make it one of the major PV markets in the world. Website: [sorry this link is no longer available]     

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Geothermal: Galena 1 Goes Online

The first geothermal plant to be built in more than a decade came online this month near Reno, Nevada. The Galena 1 power plant, constructed by Ormat, will be the first power plant built in conjunction with Nevada’s Renewable Portfolio Standards (RPS), which require utilities to supply a portion of their power from renewable energy resources. According to Dan Schochet, Ormat Vice President, this new plant, along with the other power plants in the Steamboat complex, will generate enough electricity to supply all of the 270 thousand residents of the city of Reno, Nevada. The operation of the plant will not only generate significant revenue in the form of taxes, as most new geothermal projects will, but it will also offer unique educational opportunities to students at the nearby University of Nevada, Reno Redfield campus, who will be given access to the facility. According to geothermal experts, the geothermal industry is in a position to expand more than it has in over a decade. 483 megawatts worth of power purchase agreements (PPA) were signed between January and May 2005. These new projects are located not only in states with existing geothermal electric developments, such as California and Nevada, but also […]

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