Opinion: Why Buffett Bet A Billion On Solar: Miles Per Acre Per Year
Green Car Congress
JUNE 29, 2015
The first eye-opener for large scale solar was the Austin Energy PPA last year that was priced at 5 cents. It is generous to say that an acre of Iowa can provide 12,500 miles per year at a cost of 10 cents each. They had better think seriously about financing solar and wind arrays. The arithmetic is pretty simple.
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