Solar revolution continues in California, China
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Things are ramping up for solar.
First, PG&E, the huge Northern California utility, says it will increase its use of solar power nearly fivefold.
The project is one of the biggest solar-thermal investments in the United States. It will build a 100-megawatt solar-thermal plant, which will use both the sun and steam to produce energy, and several plants will follow, reports
Merc colleague Sarah Tribble.
Second, if you are an entrepreneur and you’ve run out of ideas, check out this story: China is set to spend $200 billion on renewable energy over the next 15 years. Say that number over again. Go East, young man.
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About the Author, Matt Marshall
Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.
