bcok
Champion Author
Los Angeles
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Message Posted: Feb 5, 2012 12:34:22 AM
Good stuff.
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must87searcher
Champion Author
Maryland
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Message Posted: Feb 5, 2012 12:31:10 AM
This solar farm is s sure making business.
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Mowerman08
Champion Author
Milwaukee
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Message Posted: Feb 5, 2012 12:21:39 AM
My have to take a road trip to Delavan.
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TXGasPriceSpy
Champion Author
Fort Worth
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Message Posted: Feb 5, 2012 12:16:32 AM
That's wonderful.
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Bald1usa
Sophomore Author
District of Columbia
Posts:233
Points:554,315
Joined:Mar 2004
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Message Posted: Feb 5, 2012 12:16:29 AM
That is the way it is supposed to be...PRIVATE investors...NOT paying foot loose and fancy free with our tax dollars. Bless those investors that take a chance and make money.
My feeling are that if it is a worthwhile, reliable, HAS a market, and can produce a profit; investors will flock to it, oh, btw they may make a dollar or two on it. Then again, they could lose. Government has NO business in the venture capital business. We have seen it fail time and time again.
Look at all the great industrialists of this country...they had a dream, invested in that dream, produced a product, and became RICH, without Government help.
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beck12j
All-Star Author
Dayton
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Message Posted: Feb 5, 2012 12:14:20 AM
thanks
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Colts13
All-Star Author
Indiana
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Message Posted: Feb 5, 2012 12:13:59 AM
ok
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el_fr
Champion Author
Massachusetts
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Message Posted: Feb 5, 2012 12:13:24 AM
That's nice
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hubcapLA
Champion Author
Louisiana
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Message Posted: Feb 5, 2012 12:12:14 AM
New approach
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KnoxGasPriceSpy
Champion Author
Knoxville
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Message Posted: Feb 5, 2012 12:10:51 AM
big cost...
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joezIN
Champion Author
Gary
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Message Posted: Feb 5, 2012 12:10:48 AM
real cool
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Charley_7
Veteran Author
New York
Posts:291
Points:137,790
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Message Posted: Feb 5, 2012 12:10:26 AM
Great for the investors, not quite so sure for the electricity prices...
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dlzastera
Champion Author
Minnesota
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Message Posted: Feb 5, 2012 12:10:19 AM
How much???????????
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Bigtex09
Champion Author
Dallas
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Message Posted: Feb 5, 2012 12:09:58 AM
great
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amgine27
All-Star Author
New York
Posts:617
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Message Posted: Feb 5, 2012 12:09:14 AM
ok
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marlita
Champion Author
Dayton
Posts:2,556
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Message Posted: Feb 5, 2012 12:08:26 AM
Great, would love to have solar panels hooked up at my home.
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N5EXY
Champion Author
Austin
Posts:3,708
Points:1,148,750
Joined:Jul 2004
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Message Posted: Feb 5, 2012 12:07:01 AM
Solar and wind sounds like a bunch of hot air.
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wrunner
Champion Author
Virginia
Posts:2,525
Points:773,240
Joined:Dec 2009
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Message Posted: Feb 5, 2012 12:06:20 AM
Fascinating!
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Tundralimited2009
Champion Author
Dallas
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Message Posted: Feb 5, 2012 12:05:36 AM
Interesting
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APlus
Champion Author
San Antonio
Posts:2,519
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Message Posted: Feb 5, 2012 12:05:07 AM
Great when can I invest in these?
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Ron77095
Champion Author
Houston
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Message Posted: Feb 5, 2012 12:04:54 AM
meh.
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onegiraffeAL
All-Star Author
Alabama
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Message Posted: Feb 5, 2012 12:04:00 AM
ok
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aquarinut
Champion Author
British Columbia
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Message Posted: Feb 5, 2012 12:03:41 AM
From article: The brainchild of Convergence Energy of Lake Geneva, the networked solar farm has taken shape in the last couple of years as a green-power investment for people who want to invest in solar energy
From article: Depending on the specific investor agreement, the assets revert to Convergence at the end of either 11 or 20 years
Great investment... Pay lots, never own it and whoever the poor SOB that owns the land is TOTALLY screwed!!
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joel27nc
Champion Author
Raleigh
Posts:8,686
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Joined:Mar 2008
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Message Posted: Feb 5, 2012 12:01:14 AM
Interesting.
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pgerassi
Champion Author
Milwaukee
Posts:9,039
Points:1,767,585
Joined:Apr 2007
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Message Posted: Feb 4, 2012 11:58:22 PM
Solar just doesn't pay currently unless heavily subsidized.
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no8c
Champion Author
Ohio
Posts:1,014
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Message Posted: Feb 4, 2012 11:57:46 PM
Thanks for posting this article!
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Rooster922
Champion Author
Wilmington
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Message Posted: Feb 4, 2012 11:57:34 PM
Great, spread you knowledge around.
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ssect8
Champion Author
Hartford
Posts:6,126
Points:1,756,095
Joined:Jun 2006
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Message Posted: Feb 4, 2012 11:57:08 PM
Solar and wind are not the way of the future.
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915Chief
Champion Author
San Diego
Posts:6,081
Points:1,210,345
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Message Posted: Feb 4, 2012 11:53:21 PM
still cost prohibitive....
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nztyraider
Champion Author
Nevada
Posts:1,002
Points:366,505
Joined:Apr 2009
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Message Posted: Feb 4, 2012 11:51:01 PM
Good for the investors but expensive for the buyers.
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chuckwthompson
Champion Author
Charlotte
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Message Posted: Feb 4, 2012 11:50:22 PM
Great if you own a farm!
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Mariuxus
Champion Author
Chicago
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Joined:May 2007
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Message Posted: Feb 4, 2012 11:47:38 PM
Good....but still too expensive...
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onegiraffeAL
All-Star Author
Alabama
Posts:978
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Message Posted: Feb 4, 2012 11:46:06 PM
ok
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Bonito
Champion Author
Dayton
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Message Posted: Feb 4, 2012 11:42:42 PM
Solar rocks but it needs to be made cheap and well!
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Blue_Cruzer
Champion Author
Lexington
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Message Posted: Feb 4, 2012 11:41:34 PM
Sounds good to me.
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momma2011MI
Rookie Author
Michigan
Posts:2
Points:600
Joined:Feb 2012
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Message Posted: Feb 4, 2012 11:41:30 PM
good, but there has been a lot of solar powered items being cought on firer.
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RAE344
Champion Author
Virginia Beach
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Message Posted: Feb 4, 2012 11:41:20 PM
That looks better then putting the solar cells on my roof.
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unicornpmb
Champion Author
Buffalo
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Message Posted: Feb 4, 2012 11:38:31 PM
This will be great once the cost comes down on solar power.
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TommyTraveler
Champion Author
Cincinnati
Posts:6,838
Points:1,335,180
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Message Posted: Feb 4, 2012 11:37:31 PM
Good!
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firasatali
Champion Author
Toronto
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Message Posted: Feb 4, 2012 11:37:20 PM
ok
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30mpg80
Champion Author
Lexington
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Message Posted: Feb 4, 2012 11:36:45 PM
Go for it!
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SUPPER
Champion Author
San Bernardino
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Points:949,735
Joined:Dec 2004
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Message Posted: Feb 4, 2012 11:35:57 PM
Green cost $$$$$
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NightBoy
Champion Author
San Diego
Posts:1,944
Points:378,325
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Message Posted: Feb 4, 2012 11:34:50 PM
Saw some solar cars in the community...well, 1 solar car...not sure if it is "Highway-approved". Find it funny that now the electric companies want to charge solar households for NOT using their electricity...a surcharge to save energy use.
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Hoporrene
Veteran Author
Mississippi
Posts:262
Points:121,720
Joined:Dec 2011
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Message Posted: Feb 4, 2012 11:34:42 PM
We should have been thinking about going green in the 80's...but better late then sorry huh
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vtroger
Veteran Author
Vermont
Posts:282
Points:288,655
Joined:Mar 2011
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Message Posted: Feb 4, 2012 11:34:18 PM
Love solar farms...just put then in the middle of a field not roadside.
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Mnbncounter
Champion Author
San Jose
Posts:18,354
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Message Posted: Feb 4, 2012 11:32:48 PM
Excellent!!
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1momsunshine
Champion Author
Ottawa
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Message Posted: Feb 4, 2012 11:30:40 PM
good
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amerk73
Champion Author
Dallas
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Message Posted: Feb 4, 2012 11:28:12 PM
good project
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teafortwo
Champion Author
Washington
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Message Posted: Feb 4, 2012 11:27:30 PM
This is an intriguing project.
FROM THE ARTICLE:
The farm, which is now complete, is a series of 33 individual, limited liability companies. Each totals about 80 solar panels on three tracking towers that rotate to follow the sun from east to west. That generates about 30 percent more power than a more conventional system affixed atop a roof.
Each LLC produces up to 20 kilowatts of electricity, and the combined solar farm is the second-largest project in Wisconsin, trailing only the massive setup at Epic Systems' corporate campus in Verona.
It is the first in the state, however, to allow individual investors.
The first LLC went online in April 2010, while the last was finished just before Christmas 2011.
"We're now totally closed to new investors," Johnson said. "It was a combination of market demand, grants and incentives and the investors that led to this project.
"There seemed to be more interest toward the end of the cycle, and lots of folks were approaching us as we sold out."
Convergence Energy is a full-service provider of solar energy products, primarily focusing on every aspect of design, construction and administration. Based on a similar solar garden in Colorado, the Delavan project received funding from the state's Focus on Energy program, as well as money from the federal stimulus package.
At the farm, Convergence makes its money on the equipment and its installation. It became the first customer of Helios Solar Works, which opened last year in Milwaukee.
Depending on the specific investor agreement, the assets revert to Convergence at the end of either 11 or 20 years.
In the meantime, investors get quarterly checks for the power generated at the farm and sold to We Energies.
Johnson said individual investments ranged from $15,000 to $50,000, and investors can reasonably expect to recoup their investment in seven to 10 years. Beyond that, the quarterly checks are profit.
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HKL
All-Star Author
Wilmington
Posts:639
Points:359,430
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Message Posted: Feb 4, 2012 11:24:04 PM
ok
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