Total funding in the solar energy sector amounted to more than $4.3 billion spread across 66 transactions in the second quarter of 2012, with strong results in venture capital funding, debt funding, and corporate funding in particular, according to a Mercom Capital Group report.
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Renewable Energy World
On August 15, 2012, at 8 a.m., Colorado’s Xcel utility opened up its registration for a new solar gardens/virtual net metering program. It took just 30 minutes to shut the doors on applications. The utility had received 13.5 MW in those 30 minutes, more than triple the 4.5 MW allowed. This excitement is one reason why I believe that community solar is the key to widespread U.S. solar adoption, but let's go through all of them...plus the challenges to it ever happening.
The Wall Street Journal
Regarding your editorial "The Solar-Painted Desert" (Aug. 14): Solar is the latest industry the Department of the Interior leases land to, just like mining, cattle ranching and other energy sources—no special treatment has been requested or received. More lands are off-limits to solar (79 million acres) than are available. For perspective, there are 74 million acres leased by on- and offshore oil and gas projects. Also, there are no shortcuts in the National Environmental Policy Act when it comes to project reviews and approvals.
According to Ken Gray, the Rates and Renewables Branch Chief at the Air Force Civil Engineer Support Agency, Tyndall AFB, Fla., the array has to be built and generating electricity by the end of the year.
A combination of federal and state tax credits, plummeting equipment prices and an environmentally savvy population has led to a dramatic increase in the number of Wilmington rooftops outfitted with solar panels, according to local installers.
Six states got 10 percent or more of their power from wind, solar and geothermal power in 2011. That's double the number from just a year ago. Not bad for a down year. CleanEdge released its State Clean Energy Index on Wednesday, tallying up the state of green energy and technology across the 50 states of the union as of the end of 2011.
The Obama Administration has just launched a $120 million research program for new energy materials called the Critical Materials Hub, which is designed to ensure that U.S. companies get a steady supply of rare earths and other resources needed for manufacturing solar cells, advanced batteries and other alternative energy technologies.
The Economic Times
NEW DELHI: Indian manufacturers of solar equipment are seeking anti-dumping duty on imports from China, Malaysia, Taiwan and the US on the grounds that local industry is bleeding because of "ridiculously low" price of foreign equipment.
The industry wants anti-dumping in imports of solar photovoltaic (PV) cells and modules, and has filed an application to the directorate general of anti-dumping and allied duties (DGAD).
Renewable energy needs help. Technological innovation has significantly reduced the cost of solar panels, wind turbines and other equipment, but renewable energy still needs serious subsidies to compete with conventional energy. Today, help comes mostly in the form of federal tax breaks.
Westinghouse Solar Inc. (WEST) and Zep Solar Inc. said they have settled a patent dispute over designs to reduce the cost of attaching solar panels to roofs.
Financial terms weren't disclosed. The settlement, which covers civil suits and a case pending before the U.S. International Trade Commission in Washington, extends to all customers, suppliers and licensees of the companies, they said in a joint statement.