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tessera

California approves Tessera solar plant

Reuters

NTR's Tessera Solar won approval for a 663.5-megawatt solar plant near Barstow in Southern California, the latest in a string of giant solar plants planned for the nation's most populous state.

The Calico Solar Project won the green light from the California Energy Commission (CEC) yesterday afternoon, following last week's approval from the Interior Department.

Development of alternative energy has been a major platform of President Barack Obama and California Governor Arnold Schwarzenegger, as a way to reduce dependence on fossil fuels and create new jobs.

Tessera's Calico plant will cost more than $2 billion … Read more

Interior Dept. OKs first solar projects on public lands

While news of the White House solar installation captured the world's attention yesterday, another historic change that could have greater impact on solar energy in the U.S. was taking place.

The Bureau of Land Management (BLM), part of the U.S. Department of the Interior, announced it had approved the first large-scale solar-energy projects to ever be built on public land.

Secretary of the Interior Ken Salazar signed final versions of the Records of Decision for two solar installations, both of which happen to be on public lands in California. They will have a large impact on the amount of electricity generated from solar as a result.

"There are 11 million acres of public lands in the California Desert, and a large majority of those lands are managed for conservation purposes. These projects, while a significant commitment of public land, actually represent less than one-hundredth of one percent of that total area. Given the many benefits, the extensive mitigation measures, and the fair market value economic return, approval of these projects is clearly in the public interest," Salazar said in a statement.

One of the alternative-energy projects approved was proposed by a subsidiary of the oil giant Chevron.

The Chevron Lucerne Valley Solar Project, which will be overseen by the Chevron subsidiary Chevron Energy Solutions of California, was granted use of 422 acres of public land in San Bernardino County, Calif., for the purpose of building a 45-megawatt solar plant consisting of 40,500 solar panels. The land is located near California State Route 247 north of San Bernardino National Forest and abuts an existing transmission line. When complete it's expected to generate enough electricity to power between 13,500 and 33,750 homes at any given time. (The range takes into consideration the natural fluctuation in available solar power.)

Another project, the Imperial Valley Solar Project, which will be overseen by Tessera Solar of Texas, was granted use of 6,360 acres of public lands in Imperial County, Calif. It's desert land located along Interstate 8 near Plaster City, Calif., just north of the California-Mexico border. That plant will consist of 28,360 parabolic solar dishes estimated to produce about 709 megawatts worth of energy annually. Once up and running, that plant is expected to provide enough energy to power between 212,700 and 531,750 homes at any given time.… Read more

The topsy-turvy world of intellectual property companies

Intellectual property (IP) companies are unique business entities. Theirs is a complex, controversial world characterized by huge capital investments, epic legal battles, rollercoaster stock rides, fanatical investors, and of course, lots of patents.

Why should you care? Because, their technology helps almost all your gadgets work the way they do. And for that privilege, their executives, employees and investors go through hell.… Read more

Why do we fall for bubbles?

It can happen at any time: market bubbles burst, companies crash and burn, investment portfolios become worthless overnight. The common denominator in these events is overconfidence, irrational exuberance, call it what you want, it all comes down to lots and lots of people taking risks they shouldn't take.

Why do we do this to ourselves, in spite of all logic to the contrary?

We even have age-old sayings we choose to ignore all the time: What goes up, must come down; the bigger they are, the harder they fall; don't put all your eggs in one basket. Jerry Garcia of The Grateful Dead sang, "'Cause when life looks like easy street there is danger at your door."

Do we listen? Nope.… Read more

The Patent Reform Act will harm the U.S. technology industry

The proposed Patent Reform Act of 2007 will be coming up for a vote in the Senate in a few months. A similar version of the bill has already passed in the House.

The bill has certain relatively benign provisions, but let's ignore them since they just cloud the argument and are of little interest to either side in the debate.

Let's instead just cut to the chase. In lay terms, the bill makes it easier to challenge issued patents and harder for patent holders to obtain compensation through the U.S. legal system.

Regardless of how that sounds to you, make no mistake - this debate is between two opposing sides with their own interests at heart.… Read more