22 Jul '11, 3pm

Stat of the Week: Ten Cent Solar, Market Price Referents: Yesterday we reported that PG&E awarded 50 megawatts...

Stat of the Week: Ten Cent Solar, Market Price Referents: Yesterday we reported that PG&E awarded 50 megawatts...

Yesterday we reported that PG&E awarded 50 megawatts of solar PPAs to three different parties. According to the pertinent CPUC advice letter, "Each of the three PPA prices is below the 2009 MPR for the 20-year delivery terms of the contracts beginning in 2013." And according to this CPUC document , 20-year contracts in 2013 have a market price referent of $0.109. The chart and this week's featured number of merit is below. This suggests that solar project price bids into the grid are undercutting the price for natural gas. That's both good and bad. It's good because it looks like solar can compete head-on with gas peaker plant power pricing. It might be bad because it's created, in the words of Glen Davis, CEO of Agile Energy , "a hyper competitive space." Now hyper-competitive might sound like a good thing. The invisible hand of competition and all that. But it's the pric...

Full article: http://www.greentechmedia.com/articles/read/stat-of-the-w...

Tweets

Report Signals Weakening European Solar Market

Report Signals Weakening European Solar Market

renewableenergyworld.com 21 Jul '11, 2pm

“For the past decade, Europe has played a dominant role in creating the demand growth that has fueled global manufacturing...

PG&E Awards 50 MW in PPAs to Recurrent, FRV, Westlands via @greentechmedia

PG&E Awards 50 MW in PPAs to Recurrent, FRV, We...

greentechmedia.com 21 Jul '11, 5am

A German, Italian, and American solar developer walk into a bar... I don't really have a punchline for this. But suffice i...

Events For The Week – 23-30 Jul

sgentrepreneurs.com 22 Jul '11, 4am

For a one-stop to all events related to or concerning entrepreneurship, certain industry-meets-business forums and seminar...

Video: What Can We Expect for the Solar Project...

renewableenergyworld.com 29 Jul '11, 3pm

: Any time there is uncertainty, that's bad. The 1603 grant has been a really good widget from the government not just sol...

Video: What Can We Expect for the Solar Project...

renewableenergyworld.com 29 Jul '11, 2pm

: Any time there is uncertainty, that's bad. The 1603 grant has been a really good widget from the government not just sol...

Thailand's new govt to buy rice above market price

Thailand's new govt to buy rice above market price

channelnewsasia.com 26 Jul '11, 4pm

BANGKOK: Thailand's new government said it will buy rice from farmers at above market prices. Even though this is good new...