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.
It sure didn't seem like the kind of day to be checking out a solar panel array as officials led the way to the roof of the General Motors Toledo Transmission Plant.
The Maryland Legislature has passed a new bill (Senate Bill 791) that opens the way for the rapid growth of solar energy in the state.
New Jersey loves setting rooftop solar power records. It did in 2009 when it opened the largest solar rooftop in North America (2.4 MW of capacity), again in 2011 when Toys"R"Us got a 5.38-MW solar roof, and again later in 2011 when a 9-MW solar roof was installed on a large Holt Logistics refrigerated warehouse, the Gloucester Marine Terminal.
Maryland's solar sector recorded a hard-fought win this week, as legislation providing for a temporary acceleration of solar requirements in the state's renewable portfolio standard (RPS) cleared the State Senate by a vote of 37-9.
The solar thermal power plant business is all about big: Square miles of mirrors in the desert that surround 600-foot-tall towers to generate massive megawatts of electricity for multibillion- dollar price tags. Big Solar's ability to compete against fossil fuels, though, could come down to grains of salt.