Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), released the following statement today concerning efforts to expand the use of solar energy nationwide by using real estate investment trusts (REITs) as a source of funding for clean energy projects
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WASHINGTON, DC – In response to President Obama’s call to improve energy efficiency in America and deploy expansive new solar resources, Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), released the following statement:
Xcel Energy, COSEIA and SEIA agree to add capacity for solar installations
Solar energy installer SolarCity has announced it is now taking orders for installations in the US state of Nevada.
The company said free solar panel installations are now available in Las Vegas, offering solar electricity for less than US$30 a month.
SolarCity claimed this is less than utility prices and home owners can access to its design and installation services as well as financing and insurance with monitoring and a performance guarantee.
General Electric Co. (GE) is investing $24 million in India’s largest solar-power plant, drawn by what it called the technology’s “incredible potential” in the nation.
The investment by GE’s financial services unit in Welspun Energy Ltd.’s 151-megawatt photovoltaic plant is the U.S. company’s first in the local solar industry. GE said this week that it plans to invest more than $1 billion a year globally in renewable projects that promise “very significant returns.”
No fewer than two in three Americans want the U.S. to put more emphasis on producing domestic energy using solar power (76%), wind (71%), and natural gas (65%). Far fewer want to emphasize the production of oil (46%) and the use of nuclear power (37%). Least favored is coal, with about one in three Americans wanting to prioritize its domestic production.
The Japanese maker of flash-memory chips, elevators and nuclear reactors, will enter the solar power generation business through projects with combined capacity of 6.5 megawatts.
The U.S. Department of Energy announced the launch of a new initiative today meant to strengthen American clean energy manufacturing and enhance U.S. competitiveness.
Most of the attention may be focused on domestic oil and gas production, but it could be solar power that really helps the United States on its path to energy independence.
Battle lines are being drawn over whether Ohio should scrap its renewable energy standard, which requires power companies to generate a portion of their electricity from renewable sources such as solar and wind.