Game Changer in Solar Energy: PG&E Inks Deal [View article]
"When a matter like the ITC makes so much sense, but isn't passed, I can only assume that "the fix" is in and the game is being rigged.
IMO, the Senate will delay re-newing the ITC until weak hands panic and sell their stock at a low price to the strong hands. When strong hands are in charge, they'll pull the strings and the Senate will renew the ITC, possibly with even better terms. "
The ITC is a subsidy that is not a win win situation, especially for solar. Did anyone take into account the cost of the land into these projects? I haven't seen one account so it is even more expensive to go solar as a renewable. Congress knows this and with a trillion dollar bailout of Freddie and Frannie on the horizon, I don't think that the 30% tax credit will be extended in it's present form. It most likely will be reduced.
Optisolar's "plant" will take up 9 1/2 sqquare miles????? What about the SPWR "plant?" Sorry but I just don't see the EPA approving such a vast destruction of land, even if it is in the desert. Someone will be crying for the scorpions and rattlesnakes for sure.
Game Changer in Solar Energy: PG&E Inks Deal [View article]
IMO, the Senate will delay re-newing the ITC until weak hands panic and sell their stock at a low price to the strong hands. When strong hands are in charge, they'll pull the strings and the Senate will renew the ITC, possibly with even better terms. "
The ITC is a subsidy that is not a win win situation, especially for solar. Did anyone take into account the cost of the land into these projects? I haven't seen one account so it is even more expensive to go solar as a renewable. Congress knows this and with a trillion dollar bailout of Freddie and Frannie on the horizon, I don't think that the 30% tax credit will be extended in it's present form. It most likely will be reduced.
Optisolar's "plant" will take up 9 1/2 sqquare miles????? What about the SPWR "plant?" Sorry but I just don't see the EPA approving such a vast destruction of land, even if it is in the desert. Someone will be crying for the scorpions and rattlesnakes for sure.
Confessions of a Shallow Solar Trader [View article]