If approved and signed into law by Gov. Chris Christie, bipartisan legislation approved this week by the New Jersey Legislature will help to keep New Jersey solar installations on track for 2015. The state is projected to add nearly 300 megawatts (MW) of new installed solar capacity, according to the recently released U.S. Solar Market Insight Report compiled by GTM Research and the Solar Energy Industries Association (SEIA).
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Sunrun Inc., a San Francisco-based residential solar energy company with nearly 80,000 customers, disclosed plans for an initial public offering.
With its new, forward-looking Solar Power Free Market Financing Act set to become law on July 1, Georgia is expected to have its best year ever for new solar installations in 2015, according to the recently released U.S. Solar Market Insight Report compiled by GTM Research and the Solar Energy Industries Association (SEIA).
Sun-rich Hawaii is on pace to have its best year ever for new solar installations, according to the recently released U.S. Solar Market Insight Report compiled by GTM Research and the Solar Energy Industries Association (SEIA).
Every week, The SEIA Solar Update includes top news stories covering the solar industry, major upcoming events, policy updates, and much more. This newsletter is open to SEIA Members and to the general public.
Under the California Climate Leadership initiative, State Senate President pro Tempore Kevin de León, Senators Ben Hueso, Mark Leno, Fran Pavley and Bob Wieckowski, with the support of leaders from the business, labor, public health, consumer advocacy, and environmental communities, have announced a package of bills that would help meet Governor Brown’s climate change objectives by setting clean energy goals, divesting in fossil fuels and spurring growth in the clean energy economy. Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), released the following statement applauding the initiative:
WASHINGTON, DC – In a new report, the Department of Energy (DOE) has highlighted the success of the Loan Programs Office’s solar projects, saying that since it financed its first five utility-scale projects in 2011, 17 additional projects have come on line without the use of loan guarantees. The report coincides with the dedication ceremony of Desert Sunlight, a 550-megawatt (MW) solar project in Riverside County, California.
WASHINGTON, DC – In a move that will increase the use of solar heating in California, the state’s Public Utilities Commission (CPUC) has increased the incentive caps in California Solar Initiative's (CSI) Solar Thermal Program for multifamily, commercial, and pool heating systems. Applauding the decision, Solar Energy Industries Association (SEIA) President and CEO Rhone Resch issued the following statement:
WASHINGTON, DC – Pointing to huge growth in the U.S. solar industry, the 2015 edition of the Sustainable Energy in America Factbook, produced for the Business Council for Sustainable Energy (BCSE) by Bloomberg New Energy Finance, was released today. In response to the report, Solar Energy Industries Association (SEIA) President Rhone Resch said:
WASHINGTON, D.C. – Calling it “a major investment in America’s future,” Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), today applauded a proposal included in President Obama's fiscal 2016 budget request that would make the solar Investment Tax Credit (ITC) permanent, similar to other existing tax credits. Solar energy is an American success story. Since first being enacted in 2006 under a Republican administration – and at SEIA’s strong urging – the solar ITC has been a tremendous boon to both the U.S. economy and our environment.
Rhode Island homeowners interested in switching to solar energy will soon have the option to do so with no upfront costs. The nation’s largest rooftop solar installer is coming to Rhode Island. Starting this week, California-based SolarCity will offer Rhode Islanders loans to buy home solar systems.
Tendril, the Boulder, Colo.-based software startup, rebooted its business last year with a shift to microtargeted energy savings products through its new Energy Services Management platform. Today, the company announced it’s expanding its product line with a customer acquisition and engagement solution for utilities getting into community solar.
Another major solar energy company is entering the New Hampshire market, bringing with it the promise of new jobs and cheaper electricity.
IKEA, which had sales of 30 billion euros last year, wants to generate all the energy used in its shops and factories from clean sources by 2020. To that end, it will invest 600 million euros on wind and solar power installations, adding to 1.5 billion invested since 2009. It has already signed up to own and operate 314 wind turbines and has 700,000 solar panels on its roofs.
If you’ve been noticing more solar panels lately, you’re onto something. While only one in 100 houses has them, that’s 46 times as many as a decade ago. Some of that fast growth is due to a federal tax credit that is worth 30 percent of installation costs. According to the Solar Energy Industries Association (SEIA), there were more than 180,000 solar-related residential installations in 2014, and more than 50 percent growth over the year before. In addition, new financing options are making it easier for homeowners to also become solar panel owners.