Solar Trust Of America
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Solar Trust Of America
Solar Trust of America was an integrated solar industrial solutions company founded in 2009 and based in Oakland, California. The company was developing the Blythe Solar Power Project, the largest solar plant in the world in the Mojave Desert, among other projects. The company was noted for having turned down a $2.1 billion loan guarantee by the Department of Energy (DOE) for the construction of the Blythe project. Uwe T. Schmidt was CEO. On April 2, 2012, the company filed for Chapter 11 bankruptcy protection. History Solar Trust of America was founded in 2009 to develop utility scale solar energy projects in American Southwest. The company was a joint venture between Solar Millennium and Ferrostaal. As of September 19, 2013 the assets of the company have been liquidated per order of U.S. Bankruptcy Judge Kevin Gross and all operational activities have ceased. The case is In re: Solar Trust of America LLC, case number 12-11136, in the United States Bankruptcy Court for the D ...
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Solar Millennium
Solar Millennium was a German company globally active in the renewable energy sector founded in 1998 in Erlangen, Germany, which is specialized in the designing and implementation of solar thermal power plants. The main activities are site selection, project development, planning, design and construction of parabolic trough power plants. History The company was founded in October 1998 as 'Solar Century Management GmbH' by businessmen Hannes Kuhn. This company was renamed in March 1999, as 'Solar Millennium GmbH'. The corporation was created by transformation in June 1999. The IPO took place in July 2005. On 21 December 2011, Solar Millennium filed for insolvency. Projects The first large-scale power plant project by Solar Millennium is the Andasol complex, which consists of three immediately adjacent, essentially identical parabolic trough power plants, Andasol 1 to 3 in southern Spain. In June 2006 the construction of Andasol 1 on the plateau of Guadix in Andalusia was initia ...
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Riverside County, California
Riverside County is a County (United States), county located in the southern California, southern portion of the U.S. state of California. As of the 2020 United States Census, 2020 census, the population was 2,418,185, making it the fourth-most populous county in California and the List of the most populous counties in the United States, 10th-most populous in the United States. The name was derived from the city of Riverside, California, Riverside, which is the county seat. Riverside County is included in the Riverside-San Bernardino, California, San Bernardino-Ontario, California, Ontario Metropolitan Statistical Area, also known as the Inland Empire. The county is also included in the Los Angeles-Long Beach, California, Long Beach Greater Los Angeles Area, Combined Statistical Area. Roughly rectangular, Riverside County covers in Southern California, spanning from the greater Los Angeles area to the Arizona border. Geographically, the county is mostly desert in the central a ...
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Concentrated Solar Power
Concentrated solar power (CSP, also known as concentrating solar power, concentrated solar thermal) systems generate solar power by using mirrors or lenses to concentrate a large area of sunlight into a receiver. Electricity is generated when the concentrated light is converted to heat (solar thermal energy), which drives a heat engine (usually a steam turbine) connected to an electrical power generator or powers a thermochemical reaction. CSP had a global total installed capacity of 6,800 Megawatt, MW in 2021, up from 354 MW in 2005. Solar power in Spain, Spain accounted for almost one third of the world's capacity, at 2,300 MW, despite no new capacity entering commercial operation in the country since 2013. The United States follows with 1,740 MW. Interest is also notable in North Africa and the Middle East, as well as China and India. The global market was initially dominated by parabolic-trough plants, which accounted for 90% of CSP plants at one point ...
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Amargosa Valley, Nevada
Amargosa Valley (formerly Lathrop Wells) is an unincorporated town located on U.S. Route 95 in Nye County, in the U.S. state of Nevada. Description The community is named after the Amargosa River which flows through the valley from its origination in Nevada to its terminus in Death Valley, California. Like most desert rivers, the long Amargosa flows on the surface only when rare rainfalls flood the desert washes, except for a segment near Shoshone, California, where the river flows perennially. The name Amargosa Valley is used locally with reference to the actual geographic valley, although for the most part, it is coincident with the Amargosa Desert and is noted as such on many maps. The populated area of the Amargosa Valley is sandwiched between US 95 to the north and the California border to the south. Some of the residential streets in the community cross over into California. Much of the Nevada-California border in this area is contiguous with the boundaries of Death Va ...
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Blythe, California
Blythe is a city in eastern Riverside County, California, United States. It is in the Palo Verde Valley of the Lower Colorado River Valley region, an agricultural area and part of the Colorado Desert along the Colorado River, approximately east of Los Angeles and west of Phoenix. Blythe was named after Thomas Henry Blythe, a San Francisco financier, who established primary water rights to the Colorado River in the region in 1877. The city was incorporated on July 21, 1916. The population was 18,317 at the 2020 census. History Etymology Blythe was named after Thomas Henry Blythe, a San Francisco businessman and entrepreneur. Mr. Blythe established primary water rights to the Colorado River in the southwestern California region in 1877. The town was originally named Blythe City, by Thomas Blythe himself, but the name was shortened to simply ''Blythe'' around the time the first post office was opened in 1908. Early years In the early or mid-1870s, William Calloway (kn ...
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Solar Power Plant
A photovoltaic power station, also known as a solar park, solar farm, or solar power plant, is a large-scale grid-connected photovoltaic power system (PV system) designed for the supply of merchant power. They are different from most building-mounted and other decentralised solar power because they supply power at the utility level, rather than to a local user or users. The generic expression utility-scale solar is sometimes used to describe this type of project. The solar power source is solar panels that convert light directly to electricity. However, this differs from and should not be confused with concentrated solar power, the other major large-scale solar generation technology, which uses heat to drive a variety of conventional generator systems. Both approaches have their own advantages and disadvantages, but to date, for a variety of reasons, photovoltaic technology has seen much wider use. , about 97% of utility-scale solar power capacity was PV. In some countries, th ...
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Parabolic Trough
A parabolic trough is a type of solar thermal collector that is straight in one dimension and curved as a parabola in the other two, lined with a polished metal mirror. The sunlight which enters the mirror parallel to its plane of symmetry is focused along the focal line, where objects are positioned that are intended to be heated. In a solar cooker, for example, food is placed at the focal line of a trough, which is cooked when the trough is aimed so the Sun is in its plane of symmetry. For other purposes, a tube containing a fluid runs the length of the trough at its focal line. The sunlight is concentrated on the tube and the fluid heated to a high temperature by the energy of the sunlight. The hot fluid can be piped to a heat engine, which uses the heat energy to drive machinery, or to generate electricity. This solar energy collector is the most common and best known type of parabolic trough. When heat transfer fluid is used to heat steam to drive a standard turbine generat ...
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Ferrostaal
Ferrostaal is a German-owned industrial services company. It has 4,400 employees and an annual turnover of around 1.6 billion euros (2008), and has a market presence in around 40 countries. The company's activities are focused in two areas: Projects (Petrochemicals, Industrial Plants, Solar Energy and Power) and Services (Equipment, Piping, Automotive). In 2009, the International Petroleum Investment Company (IPIC) of Abu Dhabi took over 70% of the shares of Ferrostaal AG from MAN AG, Munich. Due to the acquisition of the majority shares, the company entered the commercial register as Ferrostaal, signifying its separation from the MAN Group. History Ferrostaal was founded in The Hague, Netherlands, in 1920. The steel trading company was bought by Gutehoffnungshütte Aktienverein (GHH) in 1926. Over time Ferrostaal expanded into more countries, and had a presence in the international steel trade from the 1950s onwards. During the 1960s the company started building industrial plant ...
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Bloomberg L
Bloomberg may refer to: People * Daniel J. Bloomberg (1905–1984), audio engineer * Georgina Bloomberg (born 1983), professional equestrian * Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician and mayor of New York City (2002–2013) * Ramon Bloomberg (born 1972), American artist and film director Other uses * Bloomberg L.P., financial news and media company founded by Michael Bloomberg ** Bloomberg News, a news agency ** ''Bloomberg Businessweek'', weekly business magazine and website ** ''Bloomberg Markets,'' a monthly financial magazine ** Bloomberg Radio, a business radio network ** Bloomberg Television, a business news channel ***Bloomberg TV Canada ***Bloomberg TV Philippines ***Bloomberg TV Malaysia ** Bloomberg Terminal, desktop terminal and software widely used in the financial industry ** Bloomberg Data, API product using sftp or web service protocols to retrieve market data ** Bloomberg Government, online news service c ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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