Coming on the heels of the Solar Energy Industries Association’s (SEIA) encouraging second-quarter industry report, the Solar Power Mid-Atlantic conference wrapped up this week to much applause. The first-ever Solar Power Mid-Atlantic drew hundreds of solar professionals from New Jersey, Delaware, Pennsylvania and Maryland to the Atlantic City Convention Center for two days of panels and talks on solar opportunities in the region.
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Calling it a win for both the economy and the environment, Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), today applauded a decision by the University of California to significantly expand its use of solar energy. As part of an ambitious plan to become carbon-neutral by 2025, university officials this week signed an agreement to purchase the electricity generated by 80 megawatts (MW) of solar – approximately 200,000 MW hours annually.
Solar energy company SolarCity Corp. is planning to add a Baltimore-area location by the end of the year. SolarCity (NASDAQ: SCTY) announced the area location as part of an effort to open 20 new operations centers in seven states. The wave includes one other planned Maryland location, in Clarksburg.
Canadian Solar Inc. (CSIQ), the third-best performing solar panel maker in the past year, and the investment arm of China’s Sichuan province will create a 5 billion yuan ($810 million) fund to build solar projects. Sichuan Development Holding Co., Canadian Solar and third party investors will raise the funding, Guelph, Ontario-based Canadian Solar said today in a statement.
Construction has begun on a $1 billion solar power generating station in the Mojave Desert that officials say will produce enough electricity to power about 80,000 California homes when it is completed in 2016. Executives with Arizona-based First Solar and Florida-based NextEra Energy Resources put the cost of the 250-megawatt project, dubbed Silver State South, at $1 billion during a Wednesday ceremony with federal Bureau of Land Management chief Neil Kornze.
Across Japan, technology firms and private investors are racing to install devices that until recently they had little interest in: solar panels. Massive solar parks are popping up by the dozen, and companies are mounting panels atop warehouse and factory rooftops as part of a rapid buildup that one developer likened to an “explosion.”
Massachusetts’ second-in-the-nation ranking in clean technology is a tribute to the green energy policies the state has implemented and encouraged over the last several years. As environmental concerns grow along with the perils of global warming, those policies will pay greater dividends -- as long as the state doesn’t stray from that path.
Thanks for joining us. I'm Diane Rehm. America's domestic oil production is soaring. Producers of U.S. natural gas are gearing up to become exporters. While these supply upticks will boost GDP in the next few years, the promise of a low carbon future remains elusive.
Republican Gov. Pat McCrory endorsed solar energy – and the incentive policies that support solar and other renewables – in a public show of support for programs that some lawmakers in his own party have vowed to dismantle.
The US unseated China as the most attractive country for renewable energy investment in 2012, according to Ernst & Young’s (E&Y) May 2013 “Renewable Energy Country Attractiveness Index” (RECAI), which, for the 10th year running, “ranks 40 countries on the attractiveness of their renewable energy investment and deployment opportunities based on a number of macro, energy market, and technology-specific indicators.”