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.
                References

• Recurrent Energy

• Solar Power

• Google

• Kohlberg Kravis Roberts

								
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