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.
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On October 20 and 21, Solar Power International, the solar industry’s most powerful, comprehensive educational conference and product exhibition, will offer its first-ever dedicated symposium on the solar heating and cooling (SHC) sector.
REG-Scatec Solar and Norfund Sign Partnership Agreement to Develop and Invest in Solar Power Projects in Developing Countries
Scatec Solar, the integrated independent solar power producer, has signed a partnership agreement with Norfund, the Norwegian Investment Fund for Developing Countries, to jointly invest in solar power projects to be developed in all countries within Norfund's mandate.
Instead of using energy generated by coal-fired power plants, the solar farm will avoid about 2.1 million pounds of carbon pollution each year.
"Literally everybody benefits and I think in the long run even the utilities benefit because this just takes a bit out of their revenue stream,” said Barry Shear, President of Eagle Point Solar.
Solar energy start-ups that have taken root in the Washington region in recent years are maturing into bona fide businesses, buoyed in part by economic forces and government policies that have made renewable energy more attractive to consumers.
Standard Solar was founded in Maryland 10 years ago, and its first residential customer was the head of the Solar Energy Industries Association. It has since installed systems on nearly 1,200 more homes of individuals without existing ties to the industry.
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?”
Utility power plants are many things—sprawling, expensive, often polluting—but one thing they are not is beautiful. Power plants are the engines of modern society, but we’d rather they stay out of the way.