In the cleantech sector, pretty much everyone knows the acronym RPS, for Renewable Portfolio Standards. Since the first RPS policy in the U.S., implemented in Iowa in the late 1990s, 30 states have passed similar policies to promote the installation of renewable energy projects and expedite penetration (overcoming the ambivalence or outright opposition of utilities) of renewable energy in electric power supply.
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"For most of these states, they're looking at it for economic development and job creation," Ghassemi said, underscoring the reasons why solutions such as cost incentives and utility quotas haven't helped states like New Mexico catch up to California and New Jersey, an unlikely solar leader.
The big question for any homeowner considering installing solar power is a simple one: How quickly will the system pay for itself?
The short answer: It depends on where you live.
Residents here probably won't notice that their water and sewage treatment systems will soon be powered by fields of solar panels but a project to convert the plants is nearing completion.
New solar panels will be installed at the University of Florida by the end of November, reducing the university’s energy costs and serving as a teaching tool for professors and students.
The second phase of the nation's largest city-sponsored residential solar financing program launched today thanks to the infusion of a $25 million commitment from National Bank of Arizona (NBA).
In an effort to be green and get green, the Jefferson Township school district is investigating the possibility of bringing privately funded solar energy to the district that would also provide revenue for projects on the district’s wish list.
On March 1, I shared a great post on the newly proposed Clean Energy Standard Act of 2012. Two months and one day later, the Energy Information Administration (EIA) released a report on an analysis of the Clean Energy Standard Act. The general conclusions are presented in the following EIA post.
Retail giant Walmart said it plans to install solar panels on top of about half of its roughly 50 Massachusetts stores as early as August as part of an expansion of solar power in the state.
The market that New Jersey officials set up to subsidize solar energy needs a rescue or there will be disastrous layoffs in the industry, business leaders, politicians and regulators say.