Modern Energy Roundup – December 11, 2012

(Before It's News)

Solar Installations Booming

According to a new report, 684 megawatts of solar panels were installed in the US during the third quarter. This is 44 percent more than Q3 of last year. And solar installations in the current quarter may nearly double from Q3 to 1,200 megawatts. This would represent the most installations ever in a three-month period. The U.S. Now has more than 6.4 gigawatts of installed solar electric capacity, or enough to power more than one million average American households. You can read more here.

Shell Goes Solar

Royal Dutch Shell, along with three venture capital firms, is pumping $26 million into GlassPoint Solar – a California solar startup that uses the sun to heat water and create steam for enhanced oil recovery. Most of these operations burn natural gas to create steam, but GlassPoint claims its technology is cheaper. You can read more about that here.

Modern Energy Roundup – December 11, 2012 originally appeared in Green Chip Stocks. Green Chip Review is a free 2x-per-week newsletter, is the first advisory to focus exclusively on investments in alternative and renewable energies.

• Oil Prices Could Drop Substantially: An Interview with Michael Levi
• Simultaneously Get Oil and Gas and Produce Electricity
• Is Our Energy Grid Vulnerable?
• Having A Beneficial Affect On This Planet Is Just One Benefit Of Becoming Environmentally Friendly
• NaturalNano, Inc. (NNAN) – Clean Technology
• Changing Thermal Power Mix – Is Gas a Viable Substitute for Coal
• Petrochemical Industry in the US – Abundant Feedstock Supply from the Shale Reserves to Revive the US Petrochemical Industry
• Global Wind Turbine Gearbox and Direct Drive Systems – Market Size, Company Share, Gearbox Refurbishments and Key Country Analysis to 2020
• Electricity From Water Mains
• In This Article We’re Going To Be Looking At The Solar Stirling Plant