GE unit invests in wind farm
Bankers Commercial Corp., a unit of UnionBanCal, bought the other 50 percent stake in the Alta Wind I farm in Kern County, California. Terms were not disclosed.
The farm, which uses 100 GE 1.5 megawatt turbines, was completed late last year. It is being leased back to its developer and operator, Terra-Gen Power, marking the first time GE has used a lease for a wind farm, GE said.
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A tenth of all electricity is lost in the grid - superconducting cables can help
PARIS - For most of us, transmitting power is an invisible part of modern life. You flick the switch and the light goes on.
But the way we transport electricity is vital. For us to quit fossil fuels, we will need a better grid, connecting renewable energy in the regions with cities.
Electricity grids are big, complex systems. Building new high-voltage transmission lines often spurs backlash from communities worried about the visual impact of the towers. And our 20th century grid loses around 10% of the power generated as heat.
One solution? Use superconducting cables for key sections of the grid. A single…
