With a growing commitment to renewable energy, Illinois now ranks third in the nation in the number of K-12 schools that have turned to solar energy to power their classrooms, save money and help the environment, according to a newly released nationwide study.
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Vivint Solar, the rooftop power producer owned by Blackstone Group LP, is seeking to raise as much as $371 million from its initial public offering.
Vivint Solar plans to offer 20.6 million shares at $16 to $18 each, according to a filing today with the U.S. Securities and Exchange Commission. Goldman Sachs Group Inc., Bank of America Corp. and Credit Suisse Group AG are leading the deal.
About half the loan guarantees announced Thursday are designated for FLS Energy in Asheville, which is developing more than 40 megawatts of solar energy at numerous facilities in the state.
If Messrs. Musk and Rive can achieve their shared vision, the result will be a transformation of the world's, or at least America's, energy infrastructure. The companies the two men run— Tesla Motors Inc. and solar energy system provider SolarCity Corp. —are uniquely compatible.
WASHINGTON, DC – In a report card deserving of the honor roll, a comprehensive, first-of-its-kind new study released today says America’s K-12 schools have shown explosive growth in their use of solar energy over the last decade, soaring from 303 kilowatts (kW) of installed capacity to 457,000 kW, while reducing carbon emissions by 442,799 metric tons annually – the equivalent of saving 50 million gallons of gasoline a year or taking nearly 100,000 cars off U.S. highways.
WASHINGTON, D.C. – Concerned that a prolonged government shutdown could do long-term harm to the U.S. economy, SEIA President and CEO Rhone Resch today issued the following statement:
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With no end in sight to the ongoing solar trade dispute between the United States and China, the Solar Energy Industries Association (SEIA) is offering an industry compromise between the U.S. and Chinese solar industries, which could serve as the centerpiece for a fair, negotiated settlement of outstanding issues, benefit end users, and encourage the proliferation of solar energy in the United States and globally.
Another iconic, blue-chip automaker has joined the Solar Energy Industries Association (SEIA). American Honda Motor Co., Inc. is a strong advocate of renewable energy – both here in the U.S. and around the world – and is working with SEIA and others to further the deployment of solar energy in America.
A new report from The Solar Foundation (TSF), a national non-profit research organization, finds more than 4,100 Texans are now working in the solar power industry, marking a 28 percent increase in solar jobs in one year. In addition, Texas has moved up to sixth place in national rankings for solar jobs, from eighth in 2012.
A new report from The Solar Foundation (TSF), a national non-profit research organization, finds more than 2,600 Georgians are now working in the solar power industry and that Georgia had the highest rate of growth - 225 per cent - in the nation between September 2012 and November 2013, jumping from twenty-third to seventeenth place overall in national rankings for solar jobs.
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SunEdison, a solar technology manufacturer and provider of solar energy services, announced the completion of a 306kW (kilowatt) DC (direct current) solar system for Whole Foods Market in Brooklyn, New York (US).
SunEdison designed the system using an innovative parking canopy structure that collects rainwater while protecting customers from the elements. The two companies have worked together since 2004 and have jointly deployed 1.5MW (megawatts) of solar projects.
The U.S. solar energy boom would not be possible without third-party financing entities. In 2013, 22 leasing funds raised $3.34 bn according to Mercom Capital. The trend is increasing rapidly, from $1.98 bn raised in 2011, and 2.10 bn in 2013. The top five players in commercial/residential leasing were Vivint Solar, Solar City, SunRun, SunPower and Sun Edison. The Fourth Quarter alone saw almost $1bn raised.
The U.S. solar industry could be on the verge of an industry-transforming decision from the U.S. International Trade Commission and the U.S. Department of Commerce. It's the next chapter in the SolarWorld-inspired Chinese solar panel trade case and anti-dumping claim.