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The ARPA-E Energy Innovation Model: "Will It Matter?"

By Joan Michelson

Have you seen the Ivanpah solar thermal system in the Mojave Desert of California? 347,000 mirrors on federal desert land capture the sun’s rays and, with a complex system, ultimately generate power for about 140,000 homes using BrightSource technology. U.S. Department of Energy loan guarantees account for $1.6 billion of the $2.2 billion price tag, with the balance paid by Google, NRG Energy and others.

As spectacular a sight as it is, BusinessInsider and the New York Times say it may be out-of-date even as it opens, because solar innovation sped up and the price of …read more

Source: Huffington Post Green