A new report issued today by the Energy Information Administration (EIA) predicts that most new electric generation capacity in the United States through 2040 will come from natural gas and renewable energy. Of the 83 gigawatts (GW) of renewable capacity additions being forecast, nearly half is expected to come from photovoltaic (PV) systems. After reviewing the report, Rhone Resch, president and CEO of the Solar Industries Association (SEIA), released the following statement:
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An Iowa Supreme Court ruling may spur growth of solar energy in the state, according to an industry group.
The decision, "clears the air", Ken Johnson a spokesman for the Washington-based Solar Energy Industries Association, said in an interview today. “It’s going to make Iowa a more viable market for solar investors.”
Solar energy is slowly but surely making its way into the mainstream, with individual consumers installing panels atop their homes and companies like Apple investing heavily in the energy source.
To learn a bit more about the history and state of solar energy, Business Insider chatted with Lynn Jurich, the CEO of Sunrun.
Massachusetts-based installer Nexamp and Mohegan Council, Boy Scouts of America announced the start of operations of the 6-MW solar facility at the Treasure Valley Scout Reservation in Rutland, Mass. The project – among the largest solar arrays in New England – will provide a steady source of income for the Boy Scouts as well as substantial savings for local municipalities.
Solar companies are zeroing in on South Shore middle-income families as an untapped market for residential installations. More than 286 solar-related companies are operating in Massachusetts, employing 6,400 people, according to the Solar Energy Industries Association.
SolarCity, the San Mateo, Calif.-based solar panel installer backed by billionaire investor Elon Musk, is increasing its employee base by about 100 in Massachusetts. It opened a 7,500-square-foot operations center in Pembroke in May, supporting its 2-year-old operations center in Marlboro.
A solar-powered plane nearing the close of a cross-continental journey landed at Dulles International Airport outside the nation’s capital early Sunday, only one short leg to New York remaining on a voyage that opened in May.
Albany lawmakers are on the verge of passing solar legislation that promises to allow New Yorkers to lower their energy bills, deliver billions of dollars in economic investment, create thousands of new local job opportunities, modernize New York's aging power infrastructure, and ensure a reliable clean energy supply in the state for generations to come. There's strong bipartisan support for this bill, but precious little time remains on the state legislative calendar to enact the New York Solar Bill before lawmakers adjourn for the summer. So they must act fast.
A goal of mine in writing for Forbes.com on energy issues is to point out intriguing business models, trends, and new concepts that may change the way we think about energy-related issues. Lately, I’ve been focused on dramatic changes in solar models and economics. Things have really changed in a very short timeframe, as the following story illustrates.
David Crane, CEO and president, NRG Energy (NRG)
“With the cost of solar panels now just 10 percent of what they were five years ago, how do we streamline the local approval process and reduce the friction costs so that U.S. homeowners can realize the solar value of their property while paying less for their electricity?”
Utility power plants are many things—sprawling, expensive, often polluting—but one thing they are not is beautiful. Power plants are the engines of modern society, but we’d rather they stay out of the way.