RENEWABLE ENERGY NEWS – CLEANTECH NEWS – ENVIRONMENTAL TECHNOLOGY NEWS ESSENTIAL INTELLIGENCE FOR INVESTORS, INNOVATORS & DEAL-MAKERS
25 June 2009
EMCORE Corporation, a provider of semiconductor-based components for solar power markets, has signed an agreement with electricity provider PNM of New Mexico to participate in its solar power programme.
The 20-year agreement consists of 114KW of solar power produced onsite at EMCORE’s headquarters in New Mexico, US. The power is generated by EMCORE’s photovoltaics system and fed through to the building by a PNM meter.
‘This is a significant milestone in advancing solar power applications for both EMCORE and PNM. The programme allows power to be generated close to the point of use and distributed without requiring a comprehensive transmission infrastructure,’ said Christopher Larocca, EMCORE’s COO. ‘EMCORE’s CPV systems are ideally suited for such applications because of their cost competitiveness and high energy conversion efficiency. We look forward to pursuing additional distributed generation programs with PNM as well as other utility companies.’
Sue Fullen, vice president of marketing and customer service at PNM, added, ‘We are very pleased to have EMCORE Corporation as the first participant in the PNM distributed generation solar power program. Our large solar programme announced earlier this year is just one of the many ways we are working to provide more environmentally friendly, renewable sources of electricity into our overall energy portfolio.’
Copyright © 2009 NewNet
Tags: solar
NewNet is a trading name of New Enery World Network Ltd, registered in England (No. 06695690).
Registered Office: Burleigh House, 357 Strand, London WC2R 0HS
Content is © New Energy World Network (NewNet) 2008-2010
Powered by Wordpress