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Sunrise Solar Forms Technology Advisory Board

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by Staff Writers
San Antonio TX (SPX) Aug 04, 2008
Sunrise Solar has announced the formation of a Technology Advisory Board (TAB). The TAB will assist the Company's senior management in researching and evaluating available solar technologies ready for commercialization.

"The United States currently generates less than 1% of its electricity through clean, abundant solar energy," says Eddie Austin, Chairman and CEO of Sunrise Solar Corp.

"According to a recent special report by Scientific American, a combination of photovoltaic solar farms and concentrated solar collectors could supply up to 69% of the daily electricity needs of the United States by 2050."

Austin continues, "Major utilities like Southern California Edison and PG and E have been signing up for huge solar installations in the hundreds of megawatts. Duke Energy has proposed to install 20 megawatts of solar distributed generation capacity at a cost of $100 million.

"While the federal regulatory environment for solar is far from ideal, Duke's decision to invest in solar is aided by North Carolina's renewable portfolio standard. A similar mechanism is what has driven California to be a leading light in the domestic solar power push, and is also the key reason why companies like First Solar, SunPower, and Trina Solar have taken a shine to the U.S. market."

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