2008-08-06

The Solar Billionaires Club. Posted by Bill B, ClimateProgress.org, August 5, 2008. "The first recorded solar billionaire was identified by the Wall Street Journal in October 2006. He is Shi Zhengrong, founder of Suntech Power... in China. Since then, at least two other solar entrepreneurs have joined the club: Frank Asbeck, who founded Germany's Solar World, and Xiao Peng, head of LDK Solar in China. Joining them are two American tycoons who have decided that while their past was in oil, their future -- and America's -- will be found in renewable energy... Denver billionaire Philip Anschutz, is developing a 2,000-megawatt wind project in Wyoming... [and has] acquired rights to build a $3 billion, 900-mile transmission line to move his wind power from Wyoming to California, Las Vegas and Phoenix."

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