Sunday, May 08, 2011 1:26:48 PM
Green Energy today has a problem with affordability, oil , coal and natural gas are inherently cheaper.
I know government subsidies had been generously granted for those on Long Island (NY) for the installation of solar panels, the payback in the individuals power bill not being large enough to entice someone to pay full price for the solar panels, plus the problems with uncooperative weather at times.
I believe the Italian projects were contingent on the government continuing their subsidy programs to build the plants. (Or find additional financing)
Is this green energy readily transferable to the already existing power grids (great if it is), and the projected plants would be fully capable of providing full power to whatever entity purchased the power.
I believe Seawind in South America provides full power to corporate clients enabling them to pull their business off of the local power grid.
A lot to digest , time to review the 10K , I think it gives better approximations of the funding required.
They are really biting off quite a bit here, but if they proceed with the same deliberate, precise fashion as demonstrated so far, I would think that improves the odds for success, although it might not make some antsy shareholders happy. :)
Alliance Creative Group (ACGX) Releases Q3 2024 Financial and Disclosure Report with an increase of over 100% in Net Income for 1st 9 months of 2024 vs 2023 • ACGX • Nov 14, 2024 8:30 AM
Unitronix Corp. Publishes Its Cryptocurrency Portfolio Strategy • UTRX • Nov 14, 2024 8:05 AM
Avant Technologies and Ainnova Tech Form Joint Venture to Advance Early Disease Detection Using Artificial Intelligence • AVAI • Nov 12, 2024 9:00 AM
Swifty Global Announces Launch of Swifty Sports IE, Expanding Sports Betting and Casino Services in the Irish Market • DRCR • Nov 12, 2024 9:00 AM
Oohvie App Update Enhances Women's Health with Telemedicine and Online Scheduling • HLYK • Nov 11, 2024 8:00 AM
SANUWAVE Announces Record Quarterly Revenues: Q3 FY2024 Financial Results • SNWV • Nov 8, 2024 7:07 AM