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.
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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.
Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), urged Congress to expedite legislation which would provide long-term reauthorization for the U.S. Export-Import Bank (Ex-Im).
Construction of the largest solar energy array in the U.S. Air Force will begin at the end of June on Tucson's Davis-Monthan Air Force Base. The project is expected to save the base $500,000 per year in energy costs.
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?”