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Duke University Professor Adrian Bejan proposes the Constructal Law of design in nature. Learn more at http://www.constructal.org

The U.S. Department of Interior approved on Monday a permit for Solar Millennium, LLC to build the largest solar energy project in the world - four  plants at the cost of one billion dollars each - in southern California. The project is expected to generate up to 1,000 Megawatts of energy, enough electricity to annually power more than 300,000 single-family homes, more than doubling the solar electricity production capacity of the U.S. Once constructed, the Blythe facility will reduce CO2 emissions by nearly one million short tons per year, or the equivalent of removing more than 145,000 cars from the road. Additionally, because the facility is "dry-cooled," it will use 90 percent less water than a traditional "wet-cooled" solar facility of this size. The Blythe facility will also help California take a major step toward achieving its goal of having one third of the state's power come from renewable sources by the year 2020. The entire Blythe Solar Power Project will generate a total of more than 7,500 jobs, including 1,000 direct jobs during the construction period, and thousands of additional indirect jobs in the community and throughout the supply chain. When the 1,000 MW facility is fully operational it will create more than 220 permanent jobs. Adapted from materials provided by Solar Millennium, LLC.

A startup called Quid has developed algorithms that analyze Internet-based data from corporations to make fast-moving technology developments visible, navigable, and understandable. Quid has built a data set combining information about firms that succeeded and sank, patent documents, government grants, help wanted advertisements, and tweets. Its algorithms use the collection of information to analyze the prospects of around 35,000 firms and research groups working on new technologies. By extracting words and phrases from the collected documents, Quid constructs a "technology genome" that describes the primary focus of each of those 35,000 entities. A map of the connections between those genomes can be used by investors to find hints about interesting companies or ideas. Most companies cluster around established sectors, but a few will sit in the white spaces between the clusters and can represent the seeds of new technology sectors.