PosiGen has grown quickly, employing 165 workers and installing more than 4,000 systems total. It expanded to New York and Connecticut this year, adding to its offices in the New Orleans area, Baton Rouge, Houma and Shreveport. On Sept. 15, PosiGen announced more than $40 million in financing to help fund its expansion plans in Louisiana and nationwide.
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SEIA is the solar energy industry’s go-to source for the latest coverage on solar power, including U.S. and international policy, research and polls, business and financing trends, and more. Our staff strives to support the media covering solar energy issues and guide our members on effective media outreach with clear statements, background materials, news and multimedia resources.
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Arizona Forward Presents Top Environmental Award to Solana Generating Station, World’s Largest Solar Plant of its Kind
The Solana Generating Station has earned the coveted President’s Award (Best of Show) in Arizona Forward’s 34th Annual Environmental Excellence Awards, held in partnership with SRP. Abengoa Solar and APS also won the Governor’s Award for Energy and Technological Innovation.
Washington, DC – Calling for “clear, credible and consistent signals from policy makers,” the International Energy Agency (IEA) today released two reports saying solar could be the world’s largest source of electricity by 2050. Solar Energy Industries Association president and CEO Rhone Resch welcomed the reports, noting that solar is already the fastest growing renewable energy source in the U.S. and accounted for more than 50 percent of new generation capacity in the first half of 2014.
Encouraged by smart, effective public policies, more and more Maryland K-12 schools are turning to solar to power their classrooms, save money and help the environment, according to a newly-released nationwide study.
Bolstered by the NY-Sun initiative, as well as by Gov. Andrew Cuomo’s continued commitment to renewable energy, New York’s K-12 schools could save a nearly a half a billion dollars over 30 years by utilizing solar energy, according to a newly-released nationwide study. New York City alone could save $209 million.
In a setback to the regulated utility model, the Iowa Supreme Court has ruled that a power purchase agreement (PPA) between the city of Dubuque and Eagle Point Solar does not violate state law. Regulated utility companies had fought the arrangement, claiming to have exclusive rights to sell to customers in their service areas. Today, Iowa’s high court disagreed.
Following the success of PV America last month in Boston, the Solar Energy Industries Association (SEIA) has announced a new, regional trade show. Solar Power Mid-Atlantic, co-sponsored by SEIA and the Solar Electric Power Association (SEPA) will take place in Atlantic City, New Jersey on Sept. 9 and 10, 2014 and will showcase 25 exhibitors along with a day and a half of educational programming.
A new independent study prepared for the Nevada Public Utilities Commission estimates that the grid benefits of rooftop solar systems installed in the state through 2016 will outweigh costs by more than $36 million, confirming that solar energy can provide real savings for both solar and non-solar customers alike.
WASHINGTON, DC – The Solar Energy Industries Association (SEIA) today announced it has joined Women in Solar Energy, a 501(c)3 nonprofit and membership organization dedicated to promoting the advancement of women in one of the fastest-growing industries in the country.
“SEIA takes great pride in being a founding corporate member of Women in Solar Energy,” said SEIA president and CEO Rhone Resch. “We recognize the great strides the solar industry has taken in terms of reaching out to women, and we look forward to continued progress.”
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:
SolarCity Corp. (SCTY), the first U.S. company to offer bonds backed by rooftop solar panels, raised $201.5 million in its third debt offering in eight months.
The senior notes were sold at an interest rate of 4.03 percent and were rated BBB+ by Standard & Poor’s, the third-lowest investment grade. The junior notes were sold at an interest rate of 5.45 percent and were rated BB, which is not investment grade. Both tranches mature in July 2022.
PV energy provider, SunEdison, has acquired a 156MW solar power plant in the US state of Colorado.
Minnehaha County officials say they've been approached by a developer seeking to build a large-scale solar power project near Sioux Falls.
Taiwanese solar stocks led by Motech Industries Inc. (6244) fell after the U.S. proposed expanded penalties on solar-energy imports in a victory for the U.S. unit of SolarWorld (SWVK) AG, which accused China of shifting production to Taiwan after it lost an earlier case.
Motech, Taiwan’s biggest solar-cell producer, slumped 6.9 percent to close at NT$44.40, the biggest one-day drop since May 21, 2013. Gintech Energy Corp. (3514), E-Ton Solar Tech Co. (3452) and Neo Solar Power Corp. (3576) also tumbled.