Ted Turner Forms Solar Energy Venture
(Reuters) - Ted Turner, the cable television billionaire and owner of vast land tracts in the U.S. West, is forming a venture with a solar company targeting California and other markets, his office said.
"Our future depends on changing the way we use energy," Turner said in a statement. "We've got to move away from fossil fuels and develop long-term energy solutions that work. Using clean energy technologies, such as solar power, is the right thing to do, and it represents a tremendous business opportunity."
Turner will partner with Dome-Tech Solar, a solar company in Branchburg, New Jersey to create DT Solar, a Turner renewable energy company, a spokesman said.
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Read the full article at Reuters.com.
2 Comments:
Solar energy is clean and limitless, and solar energy industry is quite hot in China also. There are several thousands of companies in this industry in China, and most of them are producing solar water heaters, since solar water heater is much more affordable than other solar applications. And China is the largest solar water heater producer and consumer in the world, and China has begun to export the solar water heaters in volume already. And China is producing over 20% of the global solar cells also.
Please come to my blog to see more information about China solar energy industry
http://solar-in-china.blogspot.com
Globally, reserves of non-renewable sources of energy such as coal, oil and natural gas are declining drastically. Calculated by the proven reserves and the speed of consumption, petroleum, the main source of energy in the world, will be exhausted in 40 to 50 years. By that time, the energy crisis will become a major threat to the world. In the meantime, the sustainable development of human society demands coordination between energy development and environmental protection and ecological balance. Therefore, many countries are actively developing clean and renewable sources of energy, and solar energy is a typical one.
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