The clean tech sector has become one of the most exciting areas of opportunities for job seekers. While venture capital investment was down in clean tech during the first half of 09, over the past couple of months that trend has reversed, and this year’s stimulus plan is designed to make up for it. To jump start your career, get clear on your focus, learn about the industry, concentrate your networking efforts and get involved.
I see three green job conversations going on right now in the country, which causes confusion for most job seekers. I first must caution to watch out for all of the hype.
U.S. Energy Secretary Steven Chu announced in Washington that the Department of Energy (DOE) will provide up to $750 million in new funding from the American Recovery and Reinvestment Act to help accelerate the development of renewable energy generation projects. This funding will be targeted to cover the cost of loan guarantees for renewable energy projects and could support as much as $4 to 8 billion in lending to eligible projects, and the Department will invite private sector participation to accelerate the financing of these renewable energy projects.
Yesterday, Clean Edge, Inc., a clean-tech research and publishing firm, released Clean Tech Job Trends 2009. The report provides an investigation of how clean-tech jobs in the U.S. and globally are changing the face of industry, where the hotbeds of growth exist, and whether current clean-tech salaries are living up to their ‘green-over blue-collar’ promise.
Green Dream Jobs and green workforce development consultant Jim Cassio, recently released data that shows the top green job titles posted by employers and in which cities over the past year – during the recession. Despite the fact that there are scores of studies that show the potential for green jobs going forward, many note the dearth of data on current green jobs in the U.S. economy. Green Dream Jobs has collected concrete historical and current data on the job titles employers are actually looking to fill.
Seriously folks you read it right… fracking (an actual technical term for hydraulic fracturing) hot dry rock reservoirs has the potential to open up vast hot dry rock “heat” reservoirs for use as a reliable geothermal energy source. According to a 400 page MIT study The Future of Geothermal Energy sponsored by the Department of Energy (DOE) and published in 2007 the economically recoverable potential for “Heat Mining” in the US could grow to a cumulative installed generating capacity of 100GW in less than fifty years.
By some measures 2009 has been the worst year in the young solar PV sectors history. In fact, global revenue for Photovoltaic (PV) panels is expected to drop by nearly 20 percent in 2009, as oversupply causes prices to crash by nearly fifty percent. Many of the weaker firms may not survive this shakeout and right now things do look very gloomy – even though by some other measures 2009 is not as bad as it may seem. For example more newly installed capacity (4.2 GW) is installed this year than any year – ever; however this is of little comfort to the many firms in this sector that are being buried under an avalanche of negative revenue. This article examines the short term outlook for the solar PV sector going forward, basing itself on market data from a recent iSuppli study.
This is another installment of my weekly series of interviews I have conducted with people who have made a career transition to the clean/green sector. Last week focused on my interview with Laks Sampath, a Principal with ElliptlQ Energy Partners, who made a transition from Software to Solar. This week we are presenting my interview with Nicholas Mack, General Counsel, for Mainstream Energy Corporation, REC Solar, Inc., AEE Solar, Inc.
The sun can help coal fired power plants burn less coal by pre-heating the water used to make high pressure high temperature steam during periods when the sun is shining. In other words the sun would do part of the work of producing high pressure/ high temperature steam and in this manner the overall hybrid solar/coal power plant would use less coal than a coal only power plant would need to produce the same amount of electric power.
