About half the loan guarantees announced Thursday are designated for FLS Energy in Asheville, which is developing more than 40 megawatts of solar energy at numerous facilities in the state.
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If Messrs. Musk and Rive can achieve their shared vision, the result will be a transformation of the world's, or at least America's, energy infrastructure. The companies the two men run— Tesla Motors Inc. and solar energy system provider SolarCity Corp. —are uniquely compatible.
WASHINGTON, DC – In a report card deserving of the honor roll, a comprehensive, first-of-its-kind new study released today says America’s K-12 schools have shown explosive growth in their use of solar energy over the last decade, soaring from 303 kilowatts (kW) of installed capacity to 457,000 kW, while reducing carbon emissions by 442,799 metric tons annually – the equivalent of saving 50 million gallons of gasoline a year or taking nearly 100,000 cars off U.S. highways.
The average cost of going solar in the United States continued its rapid decline in 2013 and the first half of 2014, according to a new study from the Department of Energy’s Lawrence Berkeley National Laboratory. Two leading solar advocacy groups, the Solar Energy Industries Association (SEIA) and Vote Solar, applaud the report findings as the latest indicator that affordable solar energy is ready to power our new energy economy.
A group of fourth graders in Durham, North Carolina, are showing America the way to a clean energy future.
After learning all about solar and other energy sources, Aaron Sebens -- a teacher at Central Park School for Children -- and his fourth grade class came up with a bold idea: make their classroom solar-powered.
The American solar photovoltaic (PV) industry has grown tremendously in recent years. In 2012, more than 3,300 MW of solar power were installed throughout the United States, with a record 1,300 MW installed in the last three months of the year alone. Falling costs for hardware and installation have accelerated this trend, but it has mainly been driven by public policies that generously reward those who install solar systems.
The solar industry applauded a decision by the Colorado Public Utilities Commission that allows Xcel Energy Inc. (NYSE: XEL) to acquire as much as 33.6 megawatts as part of the company's Solar Rewards program.
The Department of Defense has been aggressively pursuing alternative energy both as the key to future national security and as a means of reducing troop casualties in the field, and a new Army solar project provides a perfect illustration of the two entwined goals.
In the days following Superstorm Sandy, Starbucks and other restaurants in the New York City region had lines out the door. The customers were not in line to get coffee or food, but instead to use the electric outlets to charge their dead cell phones.