Total funding in the solar energy sector amounted to more than $4.3 billion spread across 66 transactions in the second quarter of 2012, with strong results in venture capital funding, debt funding, and corporate funding in particular, according to a Mercom Capital Group report.
You are here
SEIA is the solar energy industry’s go-to source for the latest coverage on solar power, including U.S. and international policy, research and polls, business and financing trends, and more. Our staff strives to support the media covering solar energy issues and guide our members on effective media outreach with clear statements, background materials, news and multimedia resources.
SEIA is committed to informing policymakers, the media, and the American public about the benefits of solar energy for today’s communities, our economy, and our country.
Learn more from our statements and industry news below.
Renewable Energy World
On August 15, 2012, at 8 a.m., Colorado’s Xcel utility opened up its registration for a new solar gardens/virtual net metering program. It took just 30 minutes to shut the doors on applications. The utility had received 13.5 MW in those 30 minutes, more than triple the 4.5 MW allowed. This excitement is one reason why I believe that community solar is the key to widespread U.S. solar adoption, but let's go through all of them...plus the challenges to it ever happening.
The Wall Street Journal
Regarding your editorial "The Solar-Painted Desert" (Aug. 14): Solar is the latest industry the Department of the Interior leases land to, just like mining, cattle ranching and other energy sources—no special treatment has been requested or received. More lands are off-limits to solar (79 million acres) than are available. For perspective, there are 74 million acres leased by on- and offshore oil and gas projects. Also, there are no shortcuts in the National Environmental Policy Act when it comes to project reviews and approvals.
According to Ken Gray, the Rates and Renewables Branch Chief at the Air Force Civil Engineer Support Agency, Tyndall AFB, Fla., the array has to be built and generating electricity by the end of the year.
A combination of federal and state tax credits, plummeting equipment prices and an environmentally savvy population has led to a dramatic increase in the number of Wilmington rooftops outfitted with solar panels, according to local installers.
As governments around the world tinker over how best to support solar energy, a number of large corporations have thrown their weight behind the renewable resource. These moves could potentially shift the momentum driving the solar industry away from the public sector and onto private enterprise.
The Henderson County Detention Center, a 543-occupant detention facility, will cut hot water costs by 45 percent through the installation of a solar energy system from Asheville-based renewable energy firm SolTherm.
Two and half years ago, Steve Stewart erected a 100-foot windmill at his Barstow, California home. Stewart is no eco-crusader, but he does know a good deal when he hears it.
The solar industry is entering a dynamic period as costs decline, demand for electricity continues to grow, and competition heats up. The result has been a rise in M&A and vertical integration as solar energy providers seek to carve out a leading role in the market and ensure that they have access to customers.
A solar energy array now working at Jefferson County International Airport makes the small airfield the only airport in the state with operational reliance on solar power.