Three-hundred-fifty solar professionals, representing more than 110 solar installation and development companies, celebrated Monday, September 14, 2015, at the Top 500 Solar Contractors Gala. The annual event recognizes solar contractors listed on the Solar Power World Top 500 Solar Contractors list for their contribution and dedication to the solar industry. Held at the Hilton Anaheim, the Gala included networking, dinner and awards.
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New Bloomberg New Energy Finance Report Forecasts Strong, Steady Solar Growth -- with the Investment Tax Credit (ITC) Extended
A new report from Bloomberg New Energy Finance (BNEF) predicts substantially more solar generating capacity will get built in the United States, and a major industry downturn will be avoided, if the federal solar investment tax credit (ITC) is extended at its current level.
In a strong show of leadership in the fastest-growing renewable energy industry in America, the Solar Energy Industries Association (SEIA) today issued the SEIA Solar Business Code to further transparency and understanding in solar power transactions, while maintaining high levels of competiveness. The code is the first national guidance document covering interactions between solar companies and consumers and is effective immediately.
While the American solar industry continues to grow by leaps and bounds across the country, Ohio falls further behind its neighboring states in the amount of solar installed. Indeed, Ohio is a cautionary tale of how smart government policy, like the federal investment tax credit (ITC), can help a young, cutting-edge industry like solar grow, attract investment and create jobs while bad government policy can stunt the growth of an industry, writes SEIA President and CEO Rhone Resch.
The Solar Energy Industries Association (SEIA) today praised the passage of California’s Senate Bill 350, the leadership of the bill’s sponsor and champion, Senate President pro Tem Kevin de Leòn, and Gov. Jerry Brown, who earlier this year set out the ambitious vision of meeting 50 percent of the state’s electricity needs with renewable energy.
Saying it revealed “very encouraging trends,” Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), today applauded the findings of The Solar Foundation’s latest State Solar Job Census.
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:
Verengo Solar celebrated its ongoing partnership with GRID Alternatives Greater Los Angeles (GLA) at the recent ceremonies marking GLA's new LA Solar Program and its new warehouse headquarters in downtown Los Angeles. Since 2007 GLA has done over 900 installs of solar electric systems for low-income families in Southern California. This year, with the April launch of GLA's LA Solar Program, more than twenty families living in underserved communities in the city of Los Angeles have now been able to participate in GRID's program.
Renewable energy developer Cypress Creek Renewables is to invest more than $20 million in two new projects in South Carolina as it looks to capitalise on the state’s solar boom. The South Carolina Department of Commerce confirmed yesterday that the company is committed to develop two 10 MW utility-scale solar farms in Lexington County as part its plans to establish 1 GW of solar in the U.S. before the end of 2016.
When Gridley-area homeowner Vicke Robinson wanted to save money on her utility costs, a California environmental nonprofit company was happy to help. GRID Alternatives, an Oakland-based company, made Robinson the first Gridley-area homeowner to benefit from new rules for a state program geared to provide solar power to low-income homeowners. Earlier this spring, GRID Alternatives installed a 4-kilowatt solar power system at Robinson’s home. A total of 15 solar panels went up on the roof, installed by volunteers and trainees entering the growing solar field.
Marking the 10th anniversary of Hurricane Katrina, Louisiana private company PosiGen Solar Solutions installed a 25 kW solar array atop the city of New Orleans’ resilient City Hall. SimpliPhi Power and Schneider Electric participated in the memorial and charitable event. The 25 kW solar array will generate clean power for the City Hall to reduce energy costs, as well as provide backup power in the event of power disruptions or a future natural disaster. It also helps fight against the extreme climate caused possibly by greenhouse gas emissions.
SunEdison Inc. closed financing and broke ground on the 156 MW Comanche Solar project for Public Service Co. of Colorado, a subsidiary of Xcel Energy. Although the scale of the project makes it big news, it is also notable for its use of a new type of financing vehicle. Comanche Solar is the first project to receive financing through SunEdison's $1.5 billion First Reserve warehouse facility. The financial vehicle is an example of how project financing is evolving to meet the needs of investors and developers alike.