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.
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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?”
Utility power plants are many things—sprawling, expensive, often polluting—but one thing they are not is beautiful. Power plants are the engines of modern society, but we’d rather they stay out of the way.
GTM Research and the Solar Energy Industries Association released numbers this morning suggesting that the solar juggernaut is not slowing down. Consider this: in the first three months of the year, the U.S. installed 723 MW, just under half of all new generation capacity installed across the country, and the best first quarter yet for solar.
This week, New Jersey Gov. Chris Christie signed a law meant to reinvigorate the solar industry in the Garden State by requiring utilities to buy more solar energy.
Solar power, which makes up a tiny part of California's overall energy mix, will account for the biggest piece of the state's renewable energy pie by the end of the decade, according to the state's largest utilities.
The U.S. House Energy and Commerce Subcommittee on Energy and Power voted 14-6 to pass the so-called “No More Solyndras Act” aimed at curtailing the U.S. Department of Energy’s (DOE) loan guarantee program.
The Obama administration on Tuesday announced its final plan for fast-tracking large-scale solar energy projects in a vast portion of the West, promising installations with enough wattage to power nearly 7 million homes over the next decade.
Between biogas, wind and solar, Anheuser-Busch generates about half of its electricity from renewable energy to make beer at its Fairfield, California plant.