RICHMOND, Va. (AP) - Virginia regulators are considering Dominion Virginia Power's proposed plan to increase the use of solar power.
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ROCKFORD, Minn. -- David Schmidt has been intrigued by the idea of generating power from the sun for a long time, but he had never taken the next step.
In the cleantech sector, pretty much everyone knows the acronym RPS, for Renewable Portfolio Standards. Since the first RPS policy in the U.S., implemented in Iowa in the late 1990s, 30 states have passed similar policies to promote the installation of renewable energy projects and expedite penetration (overcoming the ambivalence or outright opposition of utilities) of renewable energy in electric power supply.
"For most of these states, they're looking at it for economic development and job creation," Ghassemi said, underscoring the reasons why solutions such as cost incentives and utility quotas haven't helped states like New Mexico catch up to California and New Jersey, an unlikely solar leader.
The big question for any homeowner considering installing solar power is a simple one: How quickly will the system pay for itself?
The short answer: It depends on where you live.
President Barack Obama's proposed budget would renew and extend a subsidy for renewable-energy projects that helps pay for as much as 30 percent of development costs, according to a solar lobbying group.
The solar industry is one of the few bright spots in an otherwise struggling economy. I speak from personal experience. My solar company, Talmage Solar Engineering, Inc. has grown by more 400 percent over the last three years.
President Obama’s fiscal 2013 budget request doubles down on renewable energy amid growing Republican attacks on the administration’s green agenda
Solar power has two main problems: it's expensive, and it's intermittent, since the output of a solar power plant depends on the time of day and cloud cover. Halotechnics, an early-stage solar-thermal startup, could help solve both problems.
California-based solar developer SolarReserve announced Thursday that it has completed the 540-foot tower at the center of its Crescent Dunes solar-power plant on federal land near Tonopah.