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The solar
segment of the energy industry is experiencing double-digit
growth, shortages in supply of infrastructure-related
materials because of skyrocketing demand, and the possibility
of eventual emergence as a major source of abundant,
clean, renewable power within the Southwestern United
States.
According
to a September 6th, 2005 article in the Arizona Republic,
the Solar Energy Industries Association reported that
shipments of photovoltaics (cells and panels for generating
electricity from the sun’s power) grew 30 percent
in 2003, and that the photovoltaic industry reached
a record $4.7 billion in annual revenues. (View
Article)
The state
of Arizona is best positioned to capitalize upon the
growth in solar energy generation and consumption because
of the following reasons:
1. Arizona’s
centralized location in the mid-west, close proximity
to power-hungry California, and abundance of sunny days
makes it an ideal location for the profitable generation
of solar power.
2. ASU and the University of Arizona have traditionally
been leaders in solar technology and will continue to
drive leadership in the field.
3. Arizona boasts a long history as a center for solar
energy technology development, forward-thinking organizations,
and power generation. Tucson currently has the largest
solar-powered generating array in the United States
near Springerville, AZ, owned by Tucson Electric Power.
Source:
State Slips But Forecast Bright, Arizona Republic, September
6th, 2005,
NZ Legacy’s
land holdings report some of the highest average insulation
(a measurement of potential energy generated from one
square mile of sunlight per day) in the United States,
at 6.1 to 6.5 kWh/m2/day (6.1 to 6.5 kilowatt hours
per square mile per day).
The land
holdings are also ideally suited for solar development
because they consist of one large, flat track or land
over 100,000 acres, that lies within close proximity
(150 miles) to a major metropolitan area, receives very
low rainfall, is not restricted by government or tribal
ownership, and has open zoning laws. NZ Legacy also
has an excellent relationship with local, county and
state officials, who see solar energy as a means to
the end of rural town renewal that includes higher-wage
job creation, an increase in population, and a boost
in local tax revenues.
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