Solar 15% Returns Lure Investments From Google to Buffett

A new article in Bloomberg Businessweek is reporting on the shift major investors are making that favors solar energy. According to the article:

U.S. solar developers are luring cash at record rates from investors ranging from Warren Buffett to Google Inc. (GOOG) and KKR & Co. by offering returns on projects four times those available for Treasury securities.

Buffett’s Berkshire Hathaway Inc. (BRK/A) together with the biggest Internet search company, the private equity company and insurers MetLife Inc. (MET) and John Hancock Life Insurance Co. poured more than $500 million into renewable energy in the last year. That’s the most ever for companies outside the club of banks and specialist lenders that traditionally back solar energy, according to Bloomberg New Energy Finance data.

Once so risky that only government backing could draw private capital, solar projects now are making returns of about 15 percent, according to Stanford University’s center for energy policy and finance. That has attracted a wider community of investors eager to cash in on earnings stronger than those for infrastructure projects from toll roads to pipelines.

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March 2012 Meeting

Solar NV meets monthly and everyone is invited!

Note: We’ve changed meeting locations, day of the week and starting time!

6:30 PM on the third Thursday of every month. Our next meeting is March 15th.

University of Nevada – Las Vegas (UNLV)
Frank & Estella Beam Hall – Room 110
4505 S Maryland Pkwy
Las Vegas, NV 89154

(Maps, directions, parking info)

Meeting Topic: Energy Efficiency Panel

Comments from our members and meeting attendees have mentioned an array of interests from homeowners looking to maximize their own efficiency or lower their footprints to citizens looking to get involved on a community or regional level. This panel will speak about energy efficiency on the personal homeowner’s level, the business level, and the community level.

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Feb 2012 Meeting

Solar NV meets monthly and everyone is invited!

Note: We’ve changed meeting locations, day of the week and starting time!

6:30 PM on the third Thursday of every month. Our next meeting is February 16th.

University of Nevada – Las Vegas (UNLV)
Frank & Estella Beam Hall – Room 110
4505 S Maryland Pkwy
Las Vegas, NV 89154

(Maps, directions, parking info)

Our meetings feature speakers from a variety of renewable energy disciplines and are also a great place to network with people who share an interest in renewable energy.

For February’s meeting, we have Greg Helseth as a speaker:

Greg HelsethGreg Helseth is the Southern Nevada Renewable Energy Manager for the Bureau of Land Management. Stationed in Las Vegas, he had been with the BLM for three years, managing the Renewable Energy Coordination Office Southern Nevada District. Greg successfully accomplished two fast track Environmental Impact Statements (EIS) in 2010 and has the first solar energy site on federal land sending power to the grid. Southern Nevada has 5 EIS (4 solar, 1 wind) processing now. Before the BLM, Greg worked as a Mechanical Engineer, Senior Mechanical Engineer, and Engineering Manager for more than 15 years. He recently graduated from the University of Phoenix with a Bachelor of Science in Business Management Green and Sustainable Enterprise.

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Happy Holidays from Solar NV!

There's a lot we can do with the sun!We wish you all the best!

There’s a lot we can do with the sun -  from powering our homes and businesses to telling us the time of day (ok, that’s not exactly high-tech, but it’s a nice image).

There has never been a better time to get involved in the transition to clean energy. We hope the New Year is a good one for you and that we’ll be seeing you in 2012!

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Dec 2011 Meeting

How to get solar for your home or business, and finance it too!

A happy Southern Nevada solar homeowner.Solar NV board member and electrician/solar installer Guy Snow will give a presentation that will teach you everything you need to know about getting that solar installation you’ve always wanted. Come prepared to learn and ask questions from one of the most experienced and busy installers in town!

Then, learn about a great financing option available from US Bank, as branch manager Denise Lyon will be speaking and providing information about their solar financing programs!

Meeting Info:

When: December 8, 2011, 6:30pm

Where: Vegas PBS Building, 3050 E. Flamingo Road, Las Vegas NV, 89121

We hope to see you at December’s meeting! It is open to the public.

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Here Comes the Sun

For decades the story of technology has been dominated, in the popular mind and to a large extent in reality, by computing and the things you can do with it. Moore’s Law — in which the price of computing power falls roughly 50 percent every 18 months — has powered an ever-expanding range of applications, from faxes to Facebook.

Our mastery of the material world, on the other hand, has advanced much more slowly. The sources of energy, the way we move stuff around, are much the same as they were a generation ago.

But that may be about to change. We are, or at least we should be, on the cusp of an energy transformation, driven by the rapidly falling cost of solar power. That’s right, solar power.

If that surprises you, if you still think of solar power as some kind of hippie fantasy, blame our fossilized political system, in which fossil fuel producers have both powerful political allies and a powerful propaganda machine that denigrates alternatives.

Read the rest of “Here Comes the Sun” by Paul Krugman

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