Calling it “a huge step backward,” Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), said President Obama’s 2015 fiscal year budget, which was unveiled today, would severely damage the U.S. solar industry by eliminating the Investment Tax Credit (ITC) and replacing it with a refundable Production Tax Credit (PTC) at the end of 2016.
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A developer of wind and solar energy facilities will build a 900-acre generating station on grazing land about 2 miles southeast of Pueblo. Going into operation in summer 2016, the Comanche Solar project, near Xcel’s Comanche substation, would be Colorado’s largest solar farm and one of the biggest in the nation.
Continuing its explosive growth, the U.S. solar industry had a record-shattering year in 2013.
Last week President Obama and Canadian Prime Minister Stephen Harper visited Mexico for what’s traditionally called the “Three Amigos” meeting. In the daylong rendezvous, energy issues were slated to play a major role, with Obama and Harper jockeying for room when it comes to the impending decision on the controversial Keystone XL pipeline that would bring dirty crude oil down from Canada to refineries on the Gulf Coast.
Wal-Mart today will reveal a major project that it has quietly pursued throughout 2012 — the installation of solar power arrays atop a dozen Ohio stores, including nine in the Dayton-Cincinnati area.
The Wall Street Journal published an alarmist piece yesterday depicting California’s electrical grid as the victim of a ‘looming crisis’ brought on by the state’s ‘growing reliance’ on wind and solar. While the success of wind and solar certainly raises new issues in terms of how to plan and operate the future electrical grid, the article overstated the severity of the problem California currently faces.
A REVOLUTIONARY solar-powered aircraft touched down recently at Moffett Airfield, in the heart of Silicon Valley.
Royal Dutch Shell Plc (RDSA) says solar power, a business it abandoned four years ago, may expand into the world’s biggest source of energy in the next half century.
Promise Energy represents the new face of solar financing in California.