Patented TechnologyThe circular Solar Islands with a diameter of 5 kilometers and an height of 20 meters consists of a torus, which is the steam storage, carrying the termosolar panels placed on a membrane.
What will the world be like in the New Energy Age?
The post-Hydrocarbon Fuel Age will be unrecognizable to people alive today. Central station power plants belching smoke and harmful gases will be a thing of the past: there will be no power grid. The grid will gradually wither and die during the transition to distributed New Energy devices, which could be as rapid and dramatic as the transition to the personal computer/Internet era that began in the mid-1970s. Pollution caused by hydrocarbon-fuel combustion will be a thing of the past. In a world of effectively free energy (no significant recurring costs for the energy), all the world’s populations will become richer. People will be able to be much more self-reliant, unchained from central controlling authorities that today rule energy use. (Governments will continue to try to tax and control the use of energy, but they will fail—as they have failed so far in trying to tax the Internet.) It will be possible to build self-contained dwellings and communities anywhere that construction materials can be brought in—in forests, atop mountains, on remote islands, on the surface of bodies of water, and even on ocean or lake floors! There will be no geographic localization of fuel resources (such as in the Middle East today), so the fight over oil will disappear as one underlying cause of conflict and war. Cheap desalination and water pumping will make deserts bloom. It will be extremely cheap to produce clean, potable water anywhere. Agriculture will profoundly change, as New Energy makes available anywhere: fertilizer, light, heat, cooling, and shelter from insect pests. Transportation disasters in which people are burned alive by hydrocarbon fuels will be an unimaginable nightmare of the past; no one will think of carrying such explosive substances on fast-moving vehicles! Through discoveries already made in the LENR field, it will be possible to remediate existing nuclear waste— reduce it to non-radioactive forms. And, shocking but almost certain to happen, it will be possible to produce rare elements cheaply through LENR reactions— yes, an age of “modern alchemy” will emerge.
Morgan Stanley Closes $200 Million Solar Fund with Recurrent Energy
January 21, 2008
Source: Clean Edge News
"Morgan Stanley is a leader in the industry and their commitment to financing renewable energy has been clear from the start," said Arno Harris, chief executive officer of Recurrent Energy. "We look forward to putting this new fund to work quickly to help our clients transform empty rooftops into value-generating, sustainable assets."
Recurrent Energy sells solar electricity from its projects to institutional property owners (REITs and pension funds) and their tenants via a power purchase agreement at grid-competitive rates. Called Solar as a ServiceSM, Recurrent Energy's offering enables its customers to cost-effectively reduce their use of fossil-generated electricity across large property portfolios.
"Morgan Stanley is excited to work with Recurrent Energy to finance its solar power solution for institutional property owners. Recurrent Energy's unique approach to the rooftop solar market, in conjunction with the federal and state incentives, creates an innovative and economic solar solution for the marketplace," said Edward Levin, a Vice President of Morgan Stanley.
