Recurrent Energy: Google and Kohlberg Kravis Roberts Invest in all 4 Solar Plants by alexholt1986


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									    Recurrent Energy Opens
     Fourth Solar Plant in
       Sacramento, CA

An Overview of Recurrent Energy’s Fourth Solar Plant and
                     Solar Power
           Recurrent Energy

• It was just recently announced that Recurrent Energy is
  adding another 38-megawatt solar farm to the
  Sacramento, California area. This solar unit will be under
  a 20-year contract. Amazingly, all four of the solar unites
  is enough to power 13,000 homes.

• Google Inc. (GOOG) and Kohlberg Kravis Roberts
  (KKR) made equity investments in the four power plants
  in December 2011, which is a big part of why they were
  able to be built.
   About Recurrent Energy

• According to their website, Recurrent Energy “is a
  leading solar project developer and generating
  company providing clean electricity to utilities and
  large energy buyers.”

• They have installed solar panels all over the world,
  including Spain, Ontario, and Arizona.
      What is Solar Power?

• Solar power is the conversion of sunlight into
  electricity. This happens by either using
  photovoltaics directly or using concentrated solar
  power indirectly.

• Most use lenses or mirrors which stay in the same
  area and create energy off of the light that bounces.
  Photovoltaics convert light into electric current using
  the photoelectric effect.

• Recurrent Energy

• Solar Power

• Google

• Kohlberg Kravis Roberts

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