The revenue earned from distributed solar power sales is expected to hit $112 billion annually by 2018, according to a new report from cleantech market research firm Navigant Research.
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Solar power is gaining ground around the world at "record pace," and a growing number of Iowans are also looking to convert their homes and businesses to the alternative energy, according to Bill Haman, industrial program manager for the Iowa Energy Center.
DENVER – Renewable energy advocates, businesses and environmental groups joined together to urge the Colorado Public Utilities Commission to reject a new proposal from Xcel Energy that would discourage rooftop solar growth in its territory.
U.S. Rep. Paul Gosar mopped his brow as he strolled past a line of upturned solar cells baking in the afternoon sun. The Republican congressman, a proponent of shrinking government spending, was nonetheless touting the benefits of federal tax incentives for renewable energy.
The largest solar power plant of its kind is about to turn on in California's Mojave Desert.
The will power about 140,000 homes and will be a boon to the state's renewable energy goals, but it was no slam dunk. Now, California is trying to bring conservationists and energy companies together to create a smoother path for future projects.
ROCKFORD, Minn. -- David Schmidt has been intrigued by the idea of generating power from the sun for a long time, but he had never taken the next step.
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.
"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.