Ted Turner's Cleantech Exit: First Solar Buys Turner Renewable Energy

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tedturner1.jpgFirst Solar, Inc. (FSLR) the thin film solar company coined by some as the “Google of solar” for its recent meteoric stock rise, announced on Friday that it has acquired Ted Turner’s investment Turner Renewable Energy, for $34.3 million, in a combination of common stock of First Solar and cash.

Damn, the ‘Mouth of the South’ gets a cleantech exit before the majority of other cleantech investors. Media mogul and environmentalist Turner invested “a few million,” (according to a comment he made at the Solar Power 2007 convention) into Branchburg, N.J.-based solar company DT Solar, which then went by DT Solar, a Turner Renewable Energy Company. The acquired company will now operate as a wholly owned subsidiary of First Solar, and be called First Solar Electric.

At the Solar Power 2007 convention Turner called the business opportunity of energy the greatest “in the history of humanity,” and said “[T]he entire world is going to have to redo its energy regime and solar is going to be a very big part of it.” Turner also suggested then that he’s interested in possibly investing in other solar companies, or at least expanding his current solar business.

Given Turner is often called the largest individual land owner in North America, Kleiner Perkin’s venture capitalist Ray Lane joked at the recent convention, that if Turner placed a few square miles of solar across his New Mexico ranches he could generate 4 GW of power. Or, he could just make more smart solar investments.

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Stephen Brexel

New grades and old grades

Enjoy the moments in life…..A – excellent….90 -100
B – very good..80 – 89
C – good……….70 – 79
D – poor………..60 – 69
F- fruitless……0 – 59

Stephen Brexel
sbrex2000@aol.com
1000 N US1 J-103
Jupiter Florida 33477
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Long life defined

Long life defined is fear of the Lord your God and keep the commandments, covenants and statues throughout the days of your lives and fulfill them in work and in our adoption, blood and name so as to receive the land flowing with honey and milk.

Love the Lord God with all your heart, soul and strength and do not have a strange God before the blessed divine Holy Lord God or suffer abomination or wrath of the Lord God.

Do not make for yourself a false graven idol image and do not adore them or serve them and keep the commandments so as to fear the Lord God.

Do not abuse the name of the Lord God through swearing and do not damn the blood vain of the Lord God within.

Observe the Sabbath day and sanctify the day for the Lord God.

Honor fathers, mothers and parents as the Lord God has commanded.

Do not kill and murder wrongfully as the Lord God has commanded.

Do not commit adultery, fornication in action, deed, prayer, presence, thoughts or words as the Lord God has commanded.

Do not steal in action, deed, prayer, presence, thoughts or words as the Lord God has commanded.

Do not bear false affirming, attesting, confirming, testifying, truth, verifying or witnessing in action, deed, prayer, presence, thoughts or words as the Lord God has commanded.

Do not covet and lust in action, deed, prayer, presence, thoughts or words as the Lord God has commanded.

Stephen Brexel
1000 N. US-1 J-103
Jupiter Florida 33477
sbrex2000@aol.com
contribution and donation

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