[ExI] space based solar power

[Dan]

--- On Tue, 4/14/09, BillK <pharos at gmail.com> wrote:
> On 4/14/09, Keith Henson wrote:
> > This made the news all the way from papers in
> California to radio
> >  stations in Chicago.
> 
> Yea, it's all over Google. A lot of PR for a company that
> doesn't even
> have a website. (I don't call one page a website). One
> report claimed
> 6 employees.
> It's all vaporware.
> 
> One comment on the Wall Street Journal blog said:
> 
>     *  David wrote:
> I don’t believe for one second that Solaren will deliver
> even 1 watt
> of electricity in 2016 using this technology. So I’m
> curious about
> PG&E’s real motivation for pursuing this. I’m
> guessing that they’re
> finding it much more difficult to meet CA’s renewable
> energy
> requirements than they ever imagined. If they get this
> approved, they
> don’t have to do anything for six years and can just keep
> pointing to
> the promise of Solaren to meet their requirements. When
> 2016 rolls
> around and it all goes bust, they can say it wasn’t their
> fault, beg
> forgiveness (which they will receive), and get the targets
> reset.
> Solaren gets to point to their contract with PG&E to
> attract investor
> money, which they will invest in stuff like sports cars,
> houses, and
> vacations.

Well, it's nice to dream...

Regards,

Dan