In testimony on Capitol Hill, the Solar Energy Industries Association (SEIA) today supported reforms of the permitting process for energy production on federal lands.
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SolarCity Corp. (SCTY), the first U.S. company to offer bonds backed by rooftop solar panels, raised $201.5 million in its third debt offering in eight months.
The senior notes were sold at an interest rate of 4.03 percent and were rated BBB+ by Standard & Poor’s, the third-lowest investment grade. The junior notes were sold at an interest rate of 5.45 percent and were rated BB, which is not investment grade. Both tranches mature in July 2022.
PV energy provider, SunEdison, has acquired a 156MW solar power plant in the US state of Colorado.
Minnehaha County officials say they've been approached by a developer seeking to build a large-scale solar power project near Sioux Falls.
Construction of the largest solar energy array in the U.S. Air Force will begin at the end of June on Tucson's Davis-Monthan Air Force Base. The project is expected to save the base $500,000 per year in energy costs.
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?”