With a growing commitment to renewable energy, Illinois now ranks third in the nation in the number of K-12 schools that have turned to solar energy to power their classrooms, save money and help the environment, according to a newly released nationwide study.
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Vivint Solar, the rooftop power producer owned by Blackstone Group LP, is seeking to raise as much as $371 million from its initial public offering.
Vivint Solar plans to offer 20.6 million shares at $16 to $18 each, according to a filing today with the U.S. Securities and Exchange Commission. Goldman Sachs Group Inc., Bank of America Corp. and Credit Suisse Group AG are leading the deal.
About half the loan guarantees announced Thursday are designated for FLS Energy in Asheville, which is developing more than 40 megawatts of solar energy at numerous facilities in the state.
If Messrs. Musk and Rive can achieve their shared vision, the result will be a transformation of the world's, or at least America's, energy infrastructure. The companies the two men run— Tesla Motors Inc. and solar energy system provider SolarCity Corp. —are uniquely compatible.
WASHINGTON, DC – In a report card deserving of the honor roll, a comprehensive, first-of-its-kind new study released today says America’s K-12 schools have shown explosive growth in their use of solar energy over the last decade, soaring from 303 kilowatts (kW) of installed capacity to 457,000 kW, while reducing carbon emissions by 442,799 metric tons annually – the equivalent of saving 50 million gallons of gasoline a year or taking nearly 100,000 cars off U.S. highways.
WASHINGTON, DC – Carrie Cullen Hitt, senior vice president of state affairs at the Solar Energy Industries Association, released the following statement in reaction to the Arizona Corporate Commission (ACC) vote, taken at yesterday’s public hearing, to eliminate all incentives for competitive commercial solar systems.
WASHINGTON, DC – In his State of the State address, California Governor Jerry Brown today discussed California’s ambitious energy goals, aimed at accelerating deployment of solar and other renewable resources. In his speech, the governor underscored that California is on track to reach –and potentially exceed– its Renewable Portfolio Standard (RPS) goal of 33 percent by 2020.
WASHINGTON, D.C. – The Solar Energy Industries Association® (SEIA®) today praised a proposed rule issued by the Federal Energy Regulatory Commission (FERC) that will, if finalized, expedite and reduce the cost of solar project interconnection while maintaining electric system reliability and safety.
WASHINGTON, DC, JAN. 9, 2013 – In his State of the State Address, New York Governor Andrew Cuomo today announced an expansion of New York State’s NY-Sun Initiative for solar energy, funding it with an additional $150 million per year over the next 10 years. The governor also announced plans to create a $1 billion green bank, as well as his appointment of Richard Kauffman as New York’s chairman for energy policy and finance.
WASHINGTON, DC -- The Board of Managers of Solar Energy Trade Shows, LLC (SETS) today announced the appointment of Stephen Miner as president and chief executive officer. In his new role, Miner will manage and grow the high-impact solar energy events produced by SETS -- Solar Power International and PV America. SETS is a joint venture created by the Solar Electric Power Association (SEPA) and the Solar Energy Industries Association (SEIA®) to produce trade shows to advance the solar energy industry.
One of the most common solar-related myths out there is that it’s mostly just the rich who are going solar. We’ve seen indication in the past that this stereotype was not true. However, a study just released by the Center for American Progress (CAP) is certainly the most recent and most comprehensive study on the matter that I’ve seen.
Home solar panels are “the new granite countertops,” according to Tom Werner, CEO of US-based SunPower, one of the largest solar panel companies in the world. What does that mean? That means that, for an increasing number of new homeowners, solar panels are becoming an add-on right from the beginning. Furthermore, Werner is confident home solar panels will move beyond the “granite countertops phase” to mass adoption rather quickly.
The U.S. Department of Energy on Tuesday announced a slew of projects that will collectively receive about $60 million and work on making solar electricity more affordable.
An idea is like a tiny seed. When planted in a creative mind and adequately fed, it takes root and flourishes. Like a seed, successfully deploying high-impact, cost-effective solar technologies requires a strong support system to facilitate its growth.
Homeowners across the United States have begun a rooftop solar revolution. Since 2000, more than 1,460 megawatts of residential solar installations have been installed across the country, and more than 80 percent of that capacity was added in the past four years. In 2012 alone, rooftop solar installations reached 488 megawatts, a 62 percent increase over 2011 installations and nearly double the installed capacity added in 2010.