Solar Energy Initiatives, Inc. a company in Jacksonville is planning to build a 300 Megawatt energy park that would be sufficient to power as many as 60,000 homes. This project will be the largest solar park on the American continent.
The project will cost $750 million to build and is expected to take six years to complete. When it is completed it is expected to generate about $100 million in sales the first year and will save an estimated 700,000 metric tons of carbon emissions that are currently being produced.
Doing the math, that means that they are building the entire facility for roughly $2.50 per Watt which gives them an estimated pay-back period on their initial investment of only 8 years. Not a bad investment for a large scale energy producer.
As the interest and focus on renewable energy continues to increase across the country, we can only hope that there will be many other investors that will see the light and the logic of producing clean energy from facilities like this and get involved.
However big or small, there is ample opportunity for each of us to do our part to “Advance the Green”. If you want to help, but aren’t quite sure how to get started, or don’t have much time to devote to it, we can help. We will give you a commission of 2% on every customer you refer to us. Click here to learn more about this program.
At Advancing the Green, we are doing our part by providing our customers solar panels at only $2.84 per Watt. And in addition to that, if the customers purchase a full system of 10 panels or more, they will also qualify for an additional $500 discount.
Thursday, July 30, 2009
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