Scatec Solar, the integrated independent solar power producer, has signed a partnership agreement with Norfund, the Norwegian Investment Fund for Developing Countries, to jointly invest in solar power projects to be developed in all countries within Norfund's mandate.
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Instead of using energy generated by coal-fired power plants, the solar farm will avoid about 2.1 million pounds of carbon pollution each year.
"Literally everybody benefits and I think in the long run even the utilities benefit because this just takes a bit out of their revenue stream,” said Barry Shear, President of Eagle Point Solar.
Solar energy start-ups that have taken root in the Washington region in recent years are maturing into bona fide businesses, buoyed in part by economic forces and government policies that have made renewable energy more attractive to consumers.
Standard Solar was founded in Maryland 10 years ago, and its first residential customer was the head of the Solar Energy Industries Association. It has since installed systems on nearly 1,200 more homes of individuals without existing ties to the industry.
JinkoSolar Power Co. Ltd. has signed project investment agreements with the government of Hengfeng County in the province of Jiangxi, China, to develop 100 MW of photovoltaic power projects.
Jinko Power will own the projects and will manage the project investment and engineering, procurement and construction activities. It will also provide operations and maintenance services upon completion.
Well, let’s start with the facts. The Ivanpah project owners are now implementing its Avian and Bat Monitoring and Management Plan approved by state and federal agencies and required by permit.
Clean energy investment in Nevada has accelerated rapidly in the past five years thanks to Nevada’s widespread leadership and support for the clean energy economic sector, reaching at least $5.5 billion just since 2010, according to a new report available at cleanenergyprojectnv.org.
Saying it will help to create jobs and expand the use of clean, renewable energy in Massachusetts, the Solar Energy Industries Association (SEIA), along with its Solar Heating and Cooling Alliance (SHC), are urging the State Senate to adopt S. 1970, allowing renewable thermal technologies to qualify for the Alternative Portfolio Standard and provide a credit that incentivizes renewable thermal technologies.
Saying it will benefit Massachusetts consumers by improving access to net metering, the Solar Energy Industries Association (SEIA) today announced its support for legislation in both the State Senate and State House of Representatives, which will allow public and private distributed generation (DG) solar projects to continue, while preserving and expanding jobs in clean, reliable solar energy across the state.
Calling it “a huge step backward,” Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), said President Obama’s 2015 fiscal year budget, which was unveiled today, would severely damage the U.S. solar industry by eliminating the Investment Tax Credit (ITC) and replacing it with a refundable Production Tax Credit (PTC) at the end of 2016.
Continuing its explosive growth, the U.S. solar industry had a record-shattering year in 2013.
General Electric Co. (GE) is investing $24 million in India’s largest solar-power plant, drawn by what it called the technology’s “incredible potential” in the nation.
The investment by GE’s financial services unit in Welspun Energy Ltd.’s 151-megawatt photovoltaic plant is the U.S. company’s first in the local solar industry. GE said this week that it plans to invest more than $1 billion a year globally in renewable projects that promise “very significant returns.”
Solar Power World
A map highlighting the Solar Energy Industries Association’s top solar states by capacity seems to forget the middle of the country. But it’s true: The Midwest trails other parts of the country largely because the region didn’t keep moving forward with solar policy. Instead, policy became stagnant or even regressive. There is a bright spot, however: Minnesota is lighting the path for solar in the Midwest.
Christian Science Monitor
A ravenous consumer of electricity, Google knows it must find a way to become more efficient and cleaner. Hundreds of thousands of its servers are partially dependent on fossil-fueled power. So just as it gained experience constructing and designing large-scale data centers over the years, the global leader in Internet technologies is now applying the same lessons to expand its use of renewable energy.
In state capitals across the country, legislators are debating proposals to roll back environmental rules, prodded by industry and advocacy groups eager to curtail regulations aimed at curbing greenhouse gases.
Global investment in clean energy rose nearly 10% in the first quarter of 2014, to $47.7 billion, due mainly to strong investments in small-scale solar in countries like Japan and the U.S., Bloomberg New Energy Finance said April 16.