Calling it a win for both the economy and the environment, Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), today applauded a decision by the University of California to significantly expand its use of solar energy. As part of an ambitious plan to become carbon-neutral by 2025, university officials this week signed an agreement to purchase the electricity generated by 80 megawatts (MW) of solar – approximately 200,000 MW hours annually.
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Solar energy company SolarCity Corp. is planning to add a Baltimore-area location by the end of the year. SolarCity (NASDAQ: SCTY) announced the area location as part of an effort to open 20 new operations centers in seven states. The wave includes one other planned Maryland location, in Clarksburg.
Canadian Solar Inc. (CSIQ), the third-best performing solar panel maker in the past year, and the investment arm of China’s Sichuan province will create a 5 billion yuan ($810 million) fund to build solar projects. Sichuan Development Holding Co., Canadian Solar and third party investors will raise the funding, Guelph, Ontario-based Canadian Solar said today in a statement.
Construction has begun on a $1 billion solar power generating station in the Mojave Desert that officials say will produce enough electricity to power about 80,000 California homes when it is completed in 2016. Executives with Arizona-based First Solar and Florida-based NextEra Energy Resources put the cost of the 250-megawatt project, dubbed Silver State South, at $1 billion during a Wednesday ceremony with federal Bureau of Land Management chief Neil Kornze.
The United States’ solar market hit a major milestone in the second quarter of this year, with more than half a million homes and businesses now generating solar energy. According to GTM Research and the Solar Energy Industries Association’s (SEIA) Q2 2014 U.S. Solar Market Insight Report, the U.S. installed 1,133 megawatts (MW) of solar photovoltaics (PV) in the second quarter of this year.
The Connecticut Clean Energy Finance & Investment Authority on Monday created a $60 million residential solar lease program to give homeowners more options in choosing clean energy installers.
The vast and glittering Ivanpah solar facility in California will soon start sending electrons to the grid, likely by the end of the summer. When all three of its units are operating by the end of the year, its 392-megawatt output will make it the largest concentrating solar power plant in the world, providing enough energy to power 140,000 homes. And it is pretty much smack in the middle of nowhere.
NRG Energy has completed construction of its vast 250 MW California Valley Solar Ranch (CVSR) after the installation of the project's final panels on Wednesday.
Today, I testified before the House Subcommittee on Commerce, Manufacturing & Trade on behalf of the American workers and businesses in the U.S. solar industry about India’s restrictive and unfair trade practices.
America is slowly moving toward cleaner sources of energy and using less of it overall. President Barack Obama’s plan to fight climate change will accelerate those trends.