Wednesday, February 24, 2010

With Radio Show in the Past, We Play OTEC Catch-Up: Solicitation for Project Financing, plus, ‘We Don’t Need Lockheed Martin To Do This’

As noted over at our sister blog, I’ve given up the volunteer gig at Hawaii Public Radio to produce and host a weekly energy-focused program called Energy Futures. We had a good seven-month run examining energy issues in the Aloha State in much greater depth than the daily news media can provide. But he time commitment turned out to be too great, and I’ll now be focusing even more on client work – especially in the renewable energy sector – in my Carlson Communications consultancy.

I’ll also be devoting more time here to Hawaii Energy Options, which frankly has played second fiddle to the Energy Futures show. And what better way to jump back in than with an online message from the Gerson Lehman Group that amounts to a solicitation of investor interest in a 100 MW OTEC pilot plan in Hawaii.

Quoting from the communication:

“Deepwater Structures Inc. (of Houston, TX) is looking for funding from investors for the renewable energy effort to build the first power plant in Hawai`i. The Govt. of USA, Dept of Energy would assist us with fund for this multi-million dollar project but there is a need to raise the matching 20% of the proposal funding from other source.”

Maybe there have been other similar solicitations in the two years I’ve been writing this OTEC-centric blog, but I can’t recall seeing one. It’s somewhat intriguing to see such a straight-forward and widely disseminated document. We’ll have to keep the Google Alert app tuned up to see what develops.

No Love for Lockheed?

Google also provided a link to this somewhat amusing story out of Nova Scotia – although Lockheed Martin may not think so.

It seems Nova Scotia Premier Darrell Dexter met recently with Lockheed officials in Washington as he investigates ways to develop renewable energy technologies in the Canadian province.

What's puzzling is the Premier’s somewhat aggressive and perhaps unprovoked statement that, “We don’t need Lockheed Martin to do this,” according to the Chronicle Herald newspaper.

For its part, Lockheed Martin seems happy to work with Canada and intends to add 100 more employees to its Halifax staff.

Stay tuned for new developments in "Nova Scotia—Lockheed affair.”

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