In the cleantech sector, pretty much everyone knows the acronym RPS, for Renewable Portfolio Standards. Since the first RPS policy in the U.S., implemented in Iowa in the late 1990s, 30 states have passed similar policies to promote the installation of renewable energy projects and expedite penetration (overcoming the ambivalence or outright opposition of utilities) of renewable energy in electric power supply.
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"For most of these states, they're looking at it for economic development and job creation," Ghassemi said, underscoring the reasons why solutions such as cost incentives and utility quotas haven't helped states like New Mexico catch up to California and New Jersey, an unlikely solar leader.
The big question for any homeowner considering installing solar power is a simple one: How quickly will the system pay for itself?
The short answer: It depends on where you live.
Residents here probably won't notice that their water and sewage treatment systems will soon be powered by fields of solar panels but a project to convert the plants is nearing completion.
New solar panels will be installed at the University of Florida by the end of November, reducing the university’s energy costs and serving as a teaching tool for professors and students.
CEOs from China's four largest photovoltaic manufacturers were gathered today, May 24, at a press conference in Shanghai, China to launch the Solar Energy Promotion Alliance and comment on the latest U.S. Department of Commerce (DOC) ruling regarding the dumping of crystalline silicon cells in the U.S. market.
Solar backers and at least one member of the California Public Utilities Commission think there could be a lot more solar panels on roof tops around the state. The CPUC's Mike Peevey is asking regulators to change how utilities count the customers who sell power back into the grid, in a practice called "net metering."
Goldman Sachs Group Inc plans to channel investments totaling $40 billion over the next decade into renewable energy projects, an area the investment bank called one of the biggest profit opportunities since its economists got excited about emerging markets in 2001.
Renewable energy companies around the world are awaiting a decision Thursday by the U.S. Commerce Department on whether to impose anti-dumping tariffs on solar panels imported from China, as a little-noticed policy shift by the department last year has made the outcome of the case unusually hard to predict
A solar power plant that the city of Tracy hopes to build has cleared a major hurdle that’s taken 14 years to accomplish.