Warren Buffett, billionaire US-based investor, has pledged to spend about $2.5 billion for a deal with SunPower to build and acquire two solar photovoltaic projects in California’s Antelope Valley. The deal was done between SunPower and MidAmerican Energy Holdings, a subsidiary of Buffett’s Berkshire Hathaway Investment company.
Posts Tagged ‘Photovoltaic Power Plants’
Solar energy is definitely one of the cleanest forms of energy, which is available in all parts of world. While in the urban areas, energy developers often confront with land scarcity, places such as deserts are often barren and devoid of much human intervention. Moreover, deserts receive the maximum number of sunny days in a year, which them an ideal location to install large scale solar power plants. The open expanses of land and ample sunshine if coupled with today’s innovative solar energy technology, could, at least theoretically, put an end to the looming energy crisis. However, everything is not just as positive as it might look on the first glace. Let us get started with the positive side of harnessing renewable solar energy in deserts.