WASHINGTON, DC – Building on the progress of the White House’s Climate Action Plan, the Department of Energy (DOE) announced last week that it would make an additional $4 billion worth of loan guarantees available for renewable energy and energy efficient projects. Reacting to the news, Solar Energy Industries Association President and CEO Rhone Resch issued the following statement:
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Lee Peterson from CohnReznick’s National Renewable Energy Practice writes aboutsolar financing and the military.
The Department of Defense (DOD) is looking to significantly increase the installation of renewable energy projects on US military bases over the next decade.
As CEOs from either side of the debates, one from a utility and the other from a national rooftop solar company, we rarely agree on the topic — until now. A landmark bill in the Massachusetts Legislature is the first major example of our two sides finding comprehensive common ground on solar policy.
If passed, the bill would help ensure a stable solar future for Massachusetts. It would also continue Massachusetts’ strong track record of leadership on renewable energy and set an example for other states across the country, write Lynn Jurich, CEO of Sunrun, and Marcy Reed, president of National Grid Massachusetts.
The Overseas Private Investment Corp. (OPIC) approved a loan guarantee of $230 million to support construction of the 141-megawatt solar plant, which is being built by Arizona-based First Solar.
Saying it would create jobs and spur investment in Illinois, the Solar Energy Industries Association (SEIA) today applauded the signing of House Bill 2427, which puts $30 million towards purchasing solar power to meet a portion of the state's electric power needs.
The state is awarding $46 million to help finance 76 large-scale solar energy projects across New York.
Legislatures in half the states that require electric utilities to buy renewable energy are considering proposals to roll back those mandates.
A solar-powered plane that has wowed aviation fans in Europe is set to travel across the United States
No fewer than two in three Americans want the U.S. to put more emphasis on producing domestic energy using solar power (76%), wind (71%), and natural gas (65%). Far fewer want to emphasize the production of oil (46%) and the use of nuclear power (37%). Least favored is coal, with about one in three Americans wanting to prioritize its domestic production.
The Japanese maker of flash-memory chips, elevators and nuclear reactors, will enter the solar power generation business through projects with combined capacity of 6.5 megawatts.