for more infomation, please contact us at:
info@globetrans-ec.com
"Solar photovoltaic panels placed on just (7) seven percent of the roof area currently covered by cities and residences could generate all of America's electricity needs, significantly mitigating
the effects of global warming."
National Renewable Energy Lab study
The solar energy industry is expected to grow from
$11 billion in 2005 to $51 billion in 2015
Clean Edge market study
Our Mission
To invest, manage, and otherwise participate in the development and market-provisioning of Renewable and Clean Energy projects - projects that optimize competitive returns on equity through the provisioning of clean energy solutions.
Globetrans may acquire, lease, and fund clean energy technologies and or participate in the management and development of projects that fulfill its business mission.
Globetrans clean energy project funding is structured to optimize the available return on equity for investors through several avenues, including: the sale of renewable energy, capturing all available energy tax credits, optimization of private / public funding incentives, leveraging carbon trading credit opportunities, the development and sale of new and emerging clean-tech energy applications, and to assist companies in the sale of project-specific assets.
Globetrans renewable energy investments are focused on funding opportunities that are within the western United States. A special emphasis is on projects located within California, Oregon, and Washington.
contact us at:
info@globetrans-ec.com
Market Observations
- January 2008 -
Over 31 gigawatts of renewable energy have been
developed around the world, $17 billion dollars in global market transactions
and $21 billion dollars in global venture capital invested in new companies in
2007 alone.
Clean energy can no longer be considered an "alternative" -- it is a
global priority and simply the natural evolution of energy.
-
Globally, solar panel installations grew by about 1.8 gigawatts in 2006. In
2007, over 2.7 gigawatts were installed.
-
Regulatory compliance structures and rebate programs are in flux nationwide,
but firming within some regions, including the west coast states of California,
Oregon, and Washington.
- The California Solar Initiative (CSI) provides $2.8 billion in funding over
11 years to incent solar development. Part of a cutting-edge energy policy
strategy, the CSI goal is to create 3,000 megawatts of new, solar-produced
electricity by 2017.
- In the race to define the future of emission-free
vehicle technology, young and emerging companies, as well as traditional legacy
players are now actively engaged in the development and introduction of a new
generation of battery technologies and the accompanying energy management
systems – systems that will enable the large scale commercialization of
electric vehicles. Immediate investment bridge opportunities include
PHEV's or plug-in hybrid vehicle subsystems.
- Several manufacturers, including GM are scheduled to release PHEV vehicles in
the next 1-2 model years. Market and technology developments foretell
near term ROI investment opportunities with early stage EV-related technology
supplier companies.
News
October 3rd,
2008
Renewable Energy Tax Law Alert
Production Tax
Credits and Investment Tax Credits Extended
October 3, 2008
Today the House
passed, and President Bush signed into law, H.R. 1424, which includes the
Energy Improvement and Extension Act of 2008 (the Act). The Act contains the
much-anticipated extension of the production tax credit (PTC) and investment
tax credit (ITC) sunset dates.
The Act extends
the PTC placed-in-service sunset date for certain wind and refined coal
facilities until December 31, 2009, and extends the PTC placed-in-service
sunset date for certain other qualifying facilities until December 31, 2010.
The Act also expands the PTC to include certain marine and hydrokinetic
renewable energy facilities placed in service on or before December 31, 2011.
The Act extends
the ITC placed-in-service sunset date for solar, fuel cell and microturbine
property until December 31, 2016 and expands the ITC to include combined heat
and power system property, qualified small wind energy property, and geothermal
heat pump system property.
In addition, H.R.
1424 contains a variety of other renewable energy tax provisions, including
provisions allowing the energy credit to offset alternative minimum tax
liability; increasing the amount of the biodiesel and renewable diesel fuel
credits and extending the sunset dates until December 31, 2009; authorizing new
clean renewable energy bonds and qualified energy conservation bonds; and
extending the energy efficient commercial buildings deduction and the new
energy efficient home credit.
For detail information on H.R. 1424, go to: http://thomas.loc.gov/cgi-bin/query/z?c110:H.R.1424.eas:
April 30, 2008
Solar Power Breakthrough -- 5 cents per Kwh ready for market in 2009
"Solar power at 5
cents per kWh would be a world-changing breakthrough. It would make solar
generation of electricity as affordable as generation from coal, natural gas or
other non-renewable sources, without requiring any subsidy." Craig
Goodman, President / National Energy Marketers Association...
Silicon
Valley start-up SUNRGI and the University of Tel Aviv both recently boasting of
some advances in the field, which they each unsurprisingly say could change
things in a big way. For its part, SUNRGI claims that its “concentrated
photovoltaic” system can produce as much electricity as much
larger solar panels thanks to its use of lenses that magnify sunlight 2,000
times - pushing down costs via semiconductor technology that converts 37% of sunlight-to-electricity, an efficiency ratio that is twice current industry standard.
Using
SUNRGI's propriety technology it is possible to produce large amounts of
electricity from solar radiation at a whole sale price of US $0.05 / kWh.
GE to double investments in renewable energy
Sun Jan 13, 2008 9:05pm EST
NEW
YORK (Reuters) - Diversified conglomerate General Electric Co. (GE) will on
Monday announce plans to double its investments in renewable energies to $6
billion by 2010, the Financial Times reported on Sunday.
The
financial arm of GE believes that within two years alternative sources such as
wind and solar power will account for almost a quarter of its total investments
in energy and water, up from 10 per cent in 2006, the paper reported.
Alex
Urquhart, chief executive of GE's energy financial services unit, which has total
assets of more than $16 billion, told the Financial Times that renewable energy
was the division's fastest-growing business, the paper said.