On Tuesday morning, the two companies announced a loan offer they're calling “worry-free solar ownership."
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WASHINGTON, DC – Building on the progress of the White House’s Climate Action Plan, the Department of Energy (DOE) announced last week that it would make an additional $4 billion worth of loan guarantees available for renewable energy and energy efficient projects. Reacting to the news, Solar Energy Industries Association President and CEO Rhone Resch issued the following statement:
Lee Peterson from CohnReznick’s National Renewable Energy Practice writes aboutsolar financing and the military.
The Department of Defense (DOD) is looking to significantly increase the installation of renewable energy projects on US military bases over the next decade.
As CEOs from either side of the debates, one from a utility and the other from a national rooftop solar company, we rarely agree on the topic — until now. A landmark bill in the Massachusetts Legislature is the first major example of our two sides finding comprehensive common ground on solar policy.
If passed, the bill would help ensure a stable solar future for Massachusetts. It would also continue Massachusetts’ strong track record of leadership on renewable energy and set an example for other states across the country, write Lynn Jurich, CEO of Sunrun, and Marcy Reed, president of National Grid Massachusetts.
The Overseas Private Investment Corp. (OPIC) approved a loan guarantee of $230 million to support construction of the 141-megawatt solar plant, which is being built by Arizona-based First Solar.
Battle lines are being drawn over whether Ohio should scrap its renewable energy standard, which requires power companies to generate a portion of their electricity from renewable sources such as solar and wind.
Apple’s massive solar panel and fuel cell farm are now live and providing clean power for its huge data center in Maiden, North Carolina. By the end of the year 60 percent of the power for the data center will come from these sources.
Solar power will be the second- biggest source of generating capacity added to the U.S. electric grid this year, according to Sharp Corp. (6753)’s Recurrent Energy unit.
The News & Observer
If the General Assembly wants to establish itself as the most business unfriendly, anti-jobs and anti-growth legislature in the nation, it will pass the recently filed bill oxymoronically titled the “Affordable and Reliable Energy Act.”
Solar panel installations in the U.S. grew 76 percent in 2012 as the cost of panels and the surrounding equipment continued to fall, according to an annual report by a solar trade group.