The U.S. solar market is shaping up to be significantly larger than anticipated and could end up installing nearly 3.3 GW of solar panels in 2012, a roughly 18 percent jump from the previous forecast of 2.8 GW, according to a report from GTM Research and Solar Energy Industries Association on Wednesday.
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As New York considers legislation to incentivize solar installations, at least one manufacturer is looking to expand into the state. AllEarth Renewables, based in neighboring Vermont, announced plans today to partner with New York solar installers and grow its business.
Workers recently swarmed Francisca Guerva's two-family home, installing a state of the art array of solar panels.
The Wall Street Journal
Bank of America Corp. (BAC) said it will contribute $50 billion over the next 10 years to address climate change, the latest company to boost its investments toward environmental goals. (must be a WSJ subscriber)
Austin Energy has dropped the cost for residential solar installations from $2.50 per watt to $2 due to changing market conditions, officials said Monday.